Carolyn Schwab-Pomerantz Disposes Shares Under 10b5-1 Plan at $96–$97

Rhea-AI Filing Summary

Carolyn Schwab-Pomerantz, a director of The Charles Schwab Corporation (SCHW), reported multiple sales of common stock executed on 08/07/2025 under a Rule 10b5-1 trading plan adopted August 14, 2024. The Form 4 shows sales of 14,000 and 400 shares held indirectly by a trust at weighted-average prices of $96.6799 and $97.22, and sales of 9,400 and 200 shares held indirectly by a spouse-as-trustee at weighted-average prices of $96.6818 and $97.205. The filings list resulting indirect beneficial holdings in the ranges of 1,477,598.6599 and 460,114–460,314 shares depending on account designation. The explanatory note discloses the execution price ranges and offers to provide full trade details on request.

Positive

• Transactions executed pursuant to a Rule 10b5-1 trading plan, indicating pre-established trading instructions.
• Reporting person retains substantial indirect holdings (reported as ~1,477,598.6599 and ~460,114–460,314 shares across accounts).

Negative

• At least 24,000 shares were disposed on 08/07/2025 (aggregate of four dated sale lines: 14,000; 400; 9,400; 200).
• Some table lines lack explicit contextual details (e.g., a line showing a '9,624 D' disposition and a '2,798 I by LLC') which reduces immediate clarity of total dispositions and account mapping.

Insights

Securities Analyst

TL;DR: Multiple systematic insider sales under a pre-established 10b5-1 plan; reporting person retains substantial indirect holdings.

The Form 4 documents at least four sales on 08/07/2025 totaling 24,000 shares (14,400 from trust-designated lines and 9,600 from spouse-as-trustee lines when summed), executed at weighted-average prices in the mid-$96–$97 range. The reporter continues to hold large indirect positions (reported as ~1.48 million and ~460k shares across accounts). From a market-impact perspective this is a clear disclosure of routine plan-driven dispositions rather than an event indicating loss of control or reduction to single-digit ownership stakes.

Corporate Governance Expert

TL;DR: Disclosure follows a documented Rule 10b5-1 plan and includes price ranges and an undertaking to provide trade details; compliance appears observed.

The filing explicitly states the trades were effected pursuant to a Rule 10b5-1 plan adopted on August 14, 2024, and provides weighted-average prices plus traded price ranges. The reporting person also affirms availability of full execution details upon request. These elements strengthen procedural transparency, though portions of the table (additional lines showing a 9,624 disposition and a 2,798 indirect interest by LLC) are presented without full contextual labeling, which could complicate immediate interpretation.

SEC Form 4

FORM 4

UNITED 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).

X

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-Pomerantz Carolyn

(Last) (First) (Middle)

3000 SCHWAB WAY

(Street)

WESTLAKE TX 76262

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/07/2025		S(1)		14,000	D	$96.6799(2)	1,477,598.6599	I	by Trust
Common Stock	08/07/2025		S(1)		400	D	$97.22(3)	1,477,198.6599	I	by Trust
Common Stock	08/07/2025		S(1)		9,400	D	$96.6818(2)	460,314	I	by Spouse as Trustee
Common Stock	08/07/2025		S(1)		200	D	$97.205	460,114	I	by Spouse as Trustee
Common Stock								9,624	D
Common Stock								2,798	I	by LLC

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2024.

2. This transaction was executed in multiple trades at prices ranging from $96.19 to $97.175. 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.

3. This transaction was executed in multiple trades at prices ranging from $97.20 to $97.24. 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.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	08/08/2025
	** Signature of Reporting Person	Date
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.

FAQ

Who filed this Form 4 for SCHW?

The Form 4 was filed by Carolyn Schwab-Pomerantz, who is identified in the form as a director of The Charles Schwab Corporation (SCHW).

What transactions are reported on this SCHW Form 4?

The filing reports sales executed on 08/07/2025: 14,000 and 400 shares held indirectly by a trust, and 9,400 and 200 shares held indirectly by a spouse-as-trustee, all marked as sales.

Were the trades executed under a 10b5-1 plan for SCHW?

Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on August 14, 2024.

What prices were reported for the SCHW share sales?

Weighted-average prices reported include $96.6799, $97.22, $96.6818, and $97.205; explanatory notes also list traded price ranges within the mid-$96–$97 area.

How many shares does the reporting person beneficially own after the transactions?

The form shows indirect beneficial holdings after the reported transactions of approximately 1,477,598.6599 shares (trust-designated lines) and 460,114–460,314 shares (spouse-as-trustee lines), depending on account designation.

Are any derivative securities reported on this Form 4 for SCHW?

No. Table II for derivative securities contains no entries, so no derivative securities were reported in this filing.