Schwab (NYSE: SCHW) co-chair’s trust holds 53,549,441 shares
Rhea-AI Filing Summary
SCHWAB CHARLES CORP (SCHW) reported an insider ownership change by Co-Chairman Charles R. Schwab. On 2026-08-27, an entity described as a trust made a bona fide gift transfer of 9,300 shares of Common Stock, reported as an indirect disposition. Following this gift, the trust holds 53,549,441 shares indirectly. Additional reported indirect holdings are 30,021,463 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 10,624,797.33 shares held by the spouse as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,300 shares
Net Sell
4 txns
Insider
Schwab Charles R.
Role
Co-Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 9,300 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,549,441 shares (Indirect, by Trust);
Common Stock — 30,021,463 shares (Indirect, by Limited Partnership);
Common Stock — 44,025 shares (Indirect, by 188 Corp);
Common Stock — 10,624,797.33 shares (Indirect, by Spouse as Trustee)
Key Figures
Gifted shares: 9,300 shares of Common Stock
Trust indirect holdings after transaction: 53,549,441 shares of Common Stock
Limited Partnership indirect holdings after transaction: 30,021,463 shares of Common Stock
+3 more
6 metrics
Gifted shares
9,300 shares of Common Stock
Bona fide gift on 2026-08-27 reported as indirect disposition by trust
Trust indirect holdings after transaction
53,549,441 shares of Common Stock
Indirectly owned "by Trust" following the 9,300-share gift
Limited Partnership indirect holdings after transaction
30,021,463 shares of Common Stock
Reported as indirectly owned "by Limited Partnership"
188 Corp indirect holdings after transaction
44,025 shares of Common Stock
Reported as indirectly owned "by 188 Corp"
Spouse as Trustee indirect holdings after transaction
10,624,797.33 shares of Common Stock
Reported as indirectly owned "by Spouse as Trustee"
Transaction price per share
$0.00 per share
Filed price for the 9,300-share bona fide gift
Key Terms
bona fide gift, indirect ownership, nature of ownership
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"ownership_type is reported as "indirect" for all positions"
nature of ownership financial
"nature_of_ownership fields such as "by Trust" and "by Limited Partnership""
FAQ
What insider transaction did SCHW (Charles Schwab Corp) report on this Form 4?
The filing reports a bona fide gift of 9,300 shares of SCHW Common Stock on 2026-08-27, made through a trust associated with Co-Chairman Charles R. Schwab and reported as an indirect disposition.
What are Charles R. Schwab’s indirect SCHW holdings after the reported gift?
After the gift, indirect holdings include 53,549,441 shares held by a trust, 30,021,463 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 10,624,797.33 shares held by the spouse as trustee.
Was the SCHW insider transaction a purchase or sale on the market?
No. The transaction is coded as G, described as a bona fide gift, and is reported with a $0.00 transaction price per share, indicating a non-cash transfer rather than an open-market buy or sell.
AI-generated analysis. How Rhea-AI works. Not financial advice.
