Charles Schwab (SCHW) Director Disposes 13,542 Shares at $96.06 Avg

Rhea-AI Filing Summary

The filing reports that Carolyn Schwab-Pomerantz, a director of The Charles Schwab Corporation (SCHW), sold 13,542 shares of SCHW common stock on 08/25/2025 in multiple trades at weighted average price $96.0569 per share. The report lists post-transaction beneficial ownership across several accounts: 1,463,656.6599 shares indirectly held by a trust, 460,114 shares indirectly held by spouse as trustee, 2,798 shares indirectly held by an LLC, and 9,624 shares directly held. The form was signed by attorney-in-fact P. Blake Allen on 08/27/2025. The filer states availability to provide detailed trade-level information on request.

Positive

• Timely, compliant disclosure of the insider sale filed on Form 4 with an attorney-in-fact signature
• Weighted average sale price provided and an explicit offer to supply trade-level details on request
• Detailed post-transaction ownership broken out by direct and indirect holdings (trust, spouse-as-trustee, LLC)

Negative

• Insider sale of 13,542 shares (disposition rather than acquisition) reduces the reporting person’s direct holdings

Insights

Securities Analyst

TL;DR Insider director sold a modest number of shares; beneficial ownership remains concentrated in trusts and related entities.

The reported sale of 13,542 shares at a weighted average of $96.0569 is a single, routine disposition by a director rather than an option exercise or derivative transaction. Post-sale beneficial ownership remains substantial when aggregating indirect holdings in trusts and by a spouse, indicating the reporting person retains significant economic exposure. The filing follows Section 16 reporting format and includes an offer to provide trade-level details.

Corporate Governance Expert

TL;DR Timely Form 4 discloses a director sale and detailed post-transaction ownership across related entities.

The disclosure identifies the reporting person as a director and clarifies ownership forms (direct and indirect). The separation of holdings—direct, trust, spouse-as-trustee, and LLC—helps stakeholders assess control and potential related-party interests. The signature by an attorney-in-fact and the explanation of weighted average sale price conform to common disclosure practices.

Insider Trade Summary

Net Seller: 13,542 shares ($1,300,803)

Net Sell 4 txns

Insider Schwab-Pomerantz Carolyn

Role Director

Sold 13,542 shs ($1.30M)

Type	Security	Shares	Price	Value
Sale	Common Stock	13,542	$96.0569	$1.30M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,463,656.66 shares (Indirect, by Trust); Common Stock — 9,624 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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).

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)
08/25/2025

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	08/25/2025		S		13,542	D	$96.0569(1)	1,463,656.6599	I	by Trust
Common Stock								9,624	D
Common Stock								460,114	I	by Spouse as Trustee
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. This transaction was executed in multiple trades at prices ranging from $96.00 to $96.16. 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	08/27/2025
	** 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 transaction did Carolyn Schwab-Pomerantz report on Form 4 for SCHW?

She reported a sale of 13,542 shares of SCHW common stock on 08/25/2025.

At what price were the SCHW shares sold in the Form 4 filing?

The trades were executed at prices ranging from $96.00 to $96.16; the weighted average price reported is $96.0569 per share.

How many SCHW shares does the reporting person beneficially own after the sale?

Post-transaction beneficial ownership is reported as 1,463,656.6599 shares (indirect, trust), 460,114 shares (indirect, spouse as trustee), 2,798 shares (indirect, LLC) and 9,624 shares (direct).

Who signed the Form 4 and when was it signed?

The form was signed by P. Blake Allen, Attorney-in-fact on 08/27/2025.

Does the filing include information on how the sale prices were calculated?

Yes. The filer explains the sale was executed in multiple trades at prices between $96.00 and $96.16 and reports the weighted average sale price.