Charles Schwab Insider Sales: Two Form 4 Disclosures Total 273,000 Shares
Rhea-AI Filing Summary
Charles R. Schwab, identified as Co-Chairman and a director of The Charles Schwab Corporation (SCHW), reported sales of common stock on 08/26/2025 and 08/27/2025. The Form 4 shows a sale of 136,500 shares on 08/26/2025 at a weighted average price of $96.666 and a sale of 136,500 shares on 08/27/2025 at a weighted average price of $97.044. Beneficial ownership lines reported after the transactions list 56,467,949 shares and 56,331,449 shares, respectively, held indirectly by trusts, plus additional indirect holdings described as 9,509,797.33 shares by spouse as trustee, 30,641,981 by a limited partnership, and 44,025 by 188 Corp. The form is signed by attorney-in-fact P. Blake Allen on 08/28/2025.
Positive
- None.
Negative
- Insider dispositions: Two sales totaling 273,000 shares (136,500 shares on 08/26/2025 at weighted average price $96.666 and 136,500 shares on 08/27/2025 at weighted average price $97.044) were reported.
- Reduction in reported indirect holdings: Beneficial ownership lines after the transactions show 56,467,949 and 56,331,449 shares held indirectly by trusts, reflecting the reported sales.
Insights
TL;DR: Insider reported two routine open-market sales totaling 273,000 shares with weighted average prices near $97.
The filing documents two discrete sale transactions by Charles R. Schwab on 08/26/2025 and 08/27/2025, each for 136,500 shares, reported at weighted average sale prices of $96.666 and $97.044 respectively. Ownership lines show substantial indirect holdings via trusts, a limited partnership, spouse-as-trustee, and an entity, indicating that these sales represent a small portion of total reported indirect holdings. The disclosure is timely and follows Form 4 reporting requirements, improving transparency of insider activity.
TL;DR: Form 4 is a standard compliance disclosure of insider dispositions; no governance red flags are apparent from the filing alone.
The report identifies Charles R. Schwab as Co-Chairman and director and discloses sales executed in multiple trades with weighted average prices provided. The presence of multiple indirect ownership vehicles is noted. The form was signed by an attorney-in-fact, consistent with permitted filing practices. The filing contains explanatory notes about price ranges and an undertaking to provide detailed trade information on request, which aligns with common disclosure practice.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 136,500 | $97.044 | $13.25M |
| Sale | Common Stock | 136,500 | $96.666 | $13.19M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $96.44 to $96.92. 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. This transaction was executed in multiple trades at prices ranging from $96.895 to $97.245. 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.
