[Form 4] The Charles Schwab Corporation Insider Trading Activity

Rhea-AI Filing Summary

Carolyn Schwab-Pomerantz, a director of The Charles Schwab Corporation (SCHW), reported multiple dispositions of Common Stock on 09/04/2025 executed under a Rule 10b5-1 trading plan adopted on August 14, 2024. The filing shows sales of 14,400 shares (reported at a weighted-average price of $96.6377) and 9,600 shares (weighted-average $96.6372), with the transactions executed in multiple trades at prices ranging from $96.235 to $96.93. Following the reported transactions, the filing discloses beneficial ownership positions including 1,449,256.6599 shares held indirectly by a trust and 450,514 shares held indirectly by a spouse as trustee. The Form 4 was signed by an attorney-in-fact on 09/05/2025.

Positive

• Sales executed under a Rule 10b5-1 plan, adopted August 14, 2024, which supports pre-arranged compliance with insider trading rules
• Detailed execution transparency: weighted-average prices and trade price ranges are disclosed
• Significant retained ownership is reported (e.g., 1,449,256.6599 shares indirectly by trust and 450,514 indirectly by spouse as trustee)

Negative

• Dispositions of shares: 14,400 and 9,600 shares were reported sold on 09/04/2025
• Multiple trades were executed across a price range ($96.235 to $96.93), which may complicate precise per-trade analysis

Insights

Financial Analyst

TL;DR: Routine insider sales under a 10b5-1 plan; transactions were executed across multiple trades at near-$96.6 prices.

The sales reported are dispositions, not exercises or derivative events, and were executed pursuant to a pre-established Rule 10b5-1 plan adopted in August 2024, which typically indicates pre-planned sales rather than opportunistic trading. The weighted-average prices ($96.6377 and $96.6372) and disclosed price ranges provide transparency on execution. The reporting person retains substantial indirect holdings (over 1.4 million shares by trust and ~450k by spouse as trustee), suggesting continued significant economic interest in SCHW.

Corporate Governance Expert

TL;DR: Governance practices observed: use of 10b5-1 plan and attorney-in-fact signature; disclosure appears complete for the transactions listed.

The filing identifies the reporting person as a director and indicates the trades were made pursuant to a Rule 10b5-1 plan, which supports compliance with insider trading policies. The filing includes weighted-average prices, price ranges, and the plan adoption date, and it is signed by an authorized attorney-in-fact, meeting common disclosure standards. No amendments or indications of unusual trading mechanics are present in the provided content.

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)
09/04/2025

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	09/04/2025		S(1)		14,400	D	$96.6377(2)	1,449,256.6599	I	by Trust
Common Stock	09/04/2025		S(1)		9,600	D	$96.6372(3)	450,514	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 $96.235 to $96.93. 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 $96.235 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.

Remarks:

	/s/ P. Blake Allen, Attorney-in-fact	09/05/2025
	** 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

What insider transactions were reported for SCHW on this Form 4?

Carolyn Schwab-Pomerantz reported dispositions of Common Stock on 09/04/2025, including sales of 14,400 and 9,600 shares executed under a 10b5-1 plan.

Were these trades made under a 10b5-1 trading 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 the SCHW shares sold at according to the filing?

The filing reports weighted-average prices of $96.6377 and $96.6372, with execution prices ranging from $96.235 to $96.93.

How much SCHW stock does the reporting person still beneficially own?

The Form 4 discloses indirect beneficial holdings including 1,449,256.6599 shares by a trust and 450,514 shares by spouse as trustee following the transactions.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by P. Blake Allen, Attorney-in-fact on 09/05/2025.