Charles Schwab (NYSE: SCHW) director sells 22,650 shares around $105.71
Rhea-AI Filing Summary
Charles Schwab director Carolyn Schwab-Pomerantz reported two indirect transactions in the company’s common stock on July 28, 2026. A trust associated with her sold 22,650 shares at a weighted average price of $105.713 per share, executed in multiple trades between $105.60 and $105.82. The same trust made a bona fide gift of 271 shares. Following these transactions, she reports 11,226 shares held directly, and indirect holdings of 436,149 shares by a spouse acting as trustee and 2,798 shares held by an LLC.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 22,921 shares
Net Sell
5 txns
Insider
Schwab-Pomerantz Carolyn
Role
Director
Sold
22,650 shs ($2.39M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 22,650 | $105.713 | $2.39M |
| Gift | Common Stock | 271 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,373,537.6599 shares (Indirect, by Trust);
Common Stock — 11,226 shares (Direct);
Common Stock — 436,149 shares (Indirect, by Spouse as Trustee);
Common Stock — 2,798 shares (Indirect, by LLC)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $105.60 to $105.82. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 22,650 shares
Weighted average sale price: $105.713 per share
Shares gifted: 271 shares
+3 more
6 metrics
Shares sold
22,650 shares
Indirect sale of common stock by trust on July 28, 2026
Weighted average sale price
$105.713 per share
Multiple trades between $105.60 and $105.82 on July 28, 2026
Shares gifted
271 shares
Bona fide gift of common stock by trust on July 28, 2026
Direct holdings after transactions
11,226 shares
Common stock held directly by Carolyn Schwab-Pomerantz
Indirect holdings by spouse as trustee
436,149 shares
Common stock held indirectly by spouse acting as trustee
Indirect holdings by LLC
2,798 shares
Common stock held indirectly through an LLC
Key Terms
bona fide gift, weighted average sale price, indirect ownership
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 271-share transfer"
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.
weighted average sale price financial
"The price reported reflects the weighted average sale price"
indirect ownership financial
"direct_or_indirect = "I" with nature_of_ownership "by Trust""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did Carolyn Schwab-Pomerantz report at SCHW?
Carolyn Schwab-Pomerantz reported an indirect sale of 22,650 shares of Charles Schwab common stock on July 28, 2026. A related trust sold the shares at a $105.713 weighted average price, with trades executed between $105.60 and $105.82 per share.
What gift transaction did the SCHW director disclose in this Form 4?
The director disclosed a bona fide gift of 271 shares of Charles Schwab common stock on July 28, 2026. The shares were held indirectly by a trust, and the reported per-share price for this gift transaction was $0.00.
Does the SCHW insider filing indicate use of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not affirmed, and no footnote states that trades were made under a trading plan. The transactions are therefore reported without reference to any pre-arranged Rule 10b5-1 trading arrangement.