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Charles Schwab Co-Chairman (NYSE: SCHW) records 142,900-share insider sale

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Charles R. Schwab, Co-Chairman of Schwab Charles Corp, reported indirect sales of 95,250 and 47,650 shares of common stock on August 3–4, 2026 through a trust, at weighted average prices of $105.5162 and $106.0770 over multiple trade prices. The filing also reports indirect holdings of 30,114,318 shares by a limited partnership, 44,025 shares by 188 Corp, and 10,624,797.33 shares held by his spouse as trustee.

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Insider Schwab Charles R.
Role Co-Chairman
Sold 142,900 shs ($15.10M)
Type Security Shares Price Value
Sale Common Stock F2 47,650 $106.077 $5.05M
Sale Common Stock F1 95,250 $105.5162 $10.05M
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 53,877,941 shares (Indirect, by Trust); Common Stock — 30,114,318 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)
Footnotes (2)
  1. F1. This transaction was executed in multiple trades at prices ranging from $105.05 to $105.97. 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 affected.
  2. F2. This transaction was executed in multiple trades at prices ranging from $105.55 to $106.35. 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 affected.
Shares sold on 2026-08-03 95250.0000 shares Indirect sale of common stock by Trust at weighted average price $105.5162
Shares sold on 2026-08-04 47650.0000 shares Indirect sale of common stock by Trust at weighted average price $106.0770
Total shares sold 142900 shares Aggregate of reported indirect sales on August 3–4, 2026
Indirect holding by Limited Partnership 30114318.0000 shares Indirect ownership position reported as of 2026-08-03
Indirect holding by 188 Corp 44025.0000 shares Indirect ownership position reported as of 2026-08-03
Indirect holding by spouse as trustee 10624797.3300 shares Indirect ownership position reported as of 2026-08-03
weighted average sale price financial
"The price reported reflects the weighted average sale price."
Limited Partnership financial
"total shares following transaction 30114318.0000 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.
indirect financial
"ownership_type for these entries is reported as indirect"

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FAQ

What SCHW insider sales did Charles R. Schwab report for August 3–4, 2026?

Charles R. Schwab reported indirect sales of 95,250 and 47,650 SCHW common shares on August 3 and 4, 2026. Both transactions were executed through a trust and are reported as sales of indirectly held shares rather than direct personal holdings.

At what prices were the recent SCHW insider sales by Charles R. Schwab executed?

The reported weighted average sale prices were $105.5162 on August 3 and $106.0770 on August 4. Footnotes state each transaction comprised multiple trades within ranges of $105.05–$105.97 and $105.55–$106.35, respectively.

How many SCHW shares did Charles R. Schwab sell in total in this Form 4?

The filing shows aggregate indirect sales of 142,900 SCHW common shares across the two reported transactions. These sales were made through a trust, and post-transaction share balances for that trust are not specified in the reported rows.

What indirect SCHW shareholdings are reported for Charles R. Schwab in this filing?

Indirect positions reported include 30,114,318 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 10,624,797.33 shares held by his spouse as trustee. These holdings are separate from the trust that executed the reported sales.

Were Charles R. Schwab’s SCHW insider sales under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not mention any trading plan. The transactions are therefore reported without being identified as executed under a pre-arranged Rule 10b5-1 plan.

Are the SCHW insider sale prices in this Form 4 exact trade prices or averages?

The prices reported, $105.5162 and $106.0770, are stated as weighted average sale prices. Footnotes explain that each sale occurred in multiple trades within specified price ranges, and full trade-level detail is available upon request.
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)
08/03/2026
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 Stock08/03/2026S95,250D$105.5162(1)53,925,591Iby Trust
Common Stock08/04/2026S47,650D$106.077(2)53,877,941Iby Trust
Common Stock30,114,318Iby 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:
1. This transaction was executed in multiple trades at prices ranging from $105.05 to $105.97. 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 affected.
2. This transaction was executed in multiple trades at prices ranging from $105.55 to $106.35. 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 affected.
Remarks:
/s/ P. Blake Allen, Attorney-in-fact08/04/2026
** 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)