STOCK TITAN

Charles Schwab Corp (NYSE: SCHW) insider trust sale of 45,500 shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Charles R. Schwab, Co-Chairman of Schwab Charles Corp, reported an indirect sale of 45,500 shares of common stock on July 24, 2026 at $101.7185 per share by a trust. Following this transaction, the trust held 54,128,841 shares indirectly, alongside additional indirect holdings through a limited partnership, 188 Corp, and his spouse as trustee.

Positive

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Negative

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Insights

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Insider Schwab Charles R.
Role Co-Chairman
Sold 45,500 shs ($4.63M)
Type Security Shares Price Value
Sale Common Stock 45,500 $101.7185 $4.63M
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 54,128,841 shares (Indirect, by Trust); Common Stock — 30,209,768 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)
Shares sold 45,500 shares Common stock sold indirectly by trust on 2026-07-24
Sale price $101.7185 per share Price for the 45,500-share sale on 2026-07-24
Trust holdings after sale 54,128,841 shares Common stock held indirectly by trust following the sale
Limited Partnership holdings 30,209,768 shares Indirect ownership by Limited Partnership as of 2026-07-24
188 Corp holdings 44,025 shares Indirect ownership by 188 Corp as of 2026-07-24
Spouse as Trustee holdings 10,624,797.33 shares Indirect ownership by Spouse as Trustee as of 2026-07-24
Net shares sold 45,500 shares Net sell direction in transaction summary
indirect ownership financial
"total_shares_following_transaction listed with ownership_type "indirect""
limited partnership financial
"nature_of_ownership is reported as "by Limited Partnership""
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
Sale in open market or private transaction financial
"transaction_code_description states "Sale in open market or private transaction""
Common Stock financial
"security_title is given as "Common Stock" for the transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Charles Schwab (SCHW) report in this Form 4?

Charles R. Schwab reported that a trust associated with him sold 45,500 shares of Schwab Charles Corp common stock on July 24, 2026 at $101.7185 per share, with the shares held as indirect ownership.

How many SCHW shares did Charles Schwab’s trust hold after the sale?

After the reported sale, the trust associated with Charles R. Schwab held 54,128,841 shares of Schwab Charles Corp common stock as indirect ownership, according to the post-transaction balance disclosed for the trust.

At what price were the 45,500 SCHW shares sold by the trust?

The 45,500 Schwab Charles Corp shares were sold at a price of $101.7185 per share. This price is reported as a per-share transaction price for the July 24, 2026 trade.

What types of indirect ownership does Charles Schwab report for SCHW shares?

Charles R. Schwab reports indirect ownership of Schwab Charles Corp shares by Trust, by Limited Partnership, by 188 Corp, and by Spouse as Trustee, each with its own post-transaction share balance.

Were the SCHW share sales made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan (indicator set to false). The reported 45,500-share sale is coded simply as a sale without plan-related footnote detail.

How many SCHW shares are reported in Charles Schwab’s other indirect holdings?

Beyond the trust, indirect holdings include 30,209,768 shares by Limited Partnership, 44,025 shares by 188 Corp, and 10,624,797.33 shares by Spouse as Trustee, each shown as post-transaction balances.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schwab Charles R.

(Last)(First)(Middle)
3000 SCHWAB WAY

(Street)
WESTLAKE TEXAS 76262

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Co-Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/24/2026S45,500D$101.718554,128,841Iby Trust
Common Stock30,209,768Iby Limited Partnership
Common Stock44,025Iby 188 Corp
Common Stock10,624,797.33Iby Spouse as Trustee
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ P. Blake Allen, Attorney-in-fact07/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)