STOCK TITAN

[Form 4] The Charles Schwab Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Charles R. Schwab, Co-Chairman and director of The Charles Schwab Corporation, reported discrete sales of company common stock on 08/07/2025 and 08/08/2025. The Form 4 shows sales of 22,721 shares on 08/07/2025 at a weighted-average price of $96.0174, and two sales on 08/08/2025 of 28,653 shares at a weighted-average price of $96.6019 and 104,500 shares at a weighted-average price of $96.8435. Aggregated sales reported on the form total 155,874 shares. The filing lists the amount of securities beneficially owned following the reported transactions as 56,604,449 shares (indirect, by trust), and separately discloses related indirect holdings of 9,509,797.33 shares by spouse as trustee, 30,641,981 shares by a limited partnership, and 44,025 shares by 188 Corp. The explanatory notes state the reported prices reflect weighted-average sale prices executed in multiple trades.

Charles R. Schwab, co-presidente e membro del consiglio della The Charles Schwab Corporation, ha comunicato vendite isolate di azioni ordinarie della società il 08/07/2025 e l'08/08/2025. Il Modulo 4 indica la vendita di 22,721 azioni il 08/07/2025 a un prezzo medio ponderato di $96.0174, e due vendite il 08/08/2025 di 28,653 azioni a un prezzo medio ponderato di $96.6019 e di 104,500 azioni a un prezzo medio ponderato di $96.8435. Le vendite aggregate riportate nel modulo ammontano a 155,874 azioni. La comunicazione elenca la quantità di titoli detenuti beneficiariamente dopo le operazioni comunicate come 56,604,449 azioni (indiretto, tramite trust), e dichiara separatamente partecipazioni indirette correlate di 9,509,797.33 azioni da parte del coniuge come trustee, 30,641,981 azioni da una società in accomandita e 44,025 azioni da 188 Corp. Le note esplicative precisano che i prezzi riportati riflettono i prezzi medi ponderati delle vendite eseguite in più transazioni.

Charles R. Schwab, copresidente y director de The Charles Schwab Corporation, informó ventas puntuales de acciones ordinarias de la compañía el 08/07/2025 y el 08/08/2025. El Formulario 4 muestra la venta de 22,721 acciones el 08/07/2025 a un precio promedio ponderado de $96.0174, y dos ventas el 08/08/2025 de 28,653 acciones a un precio promedio ponderado de $96.6019 y de 104,500 acciones a un precio promedio ponderado de $96.8435. Las ventas agregadas reportadas en el formulario suman 155,874 acciones. La presentación detalla la cantidad de valores poseídos beneficiariamente tras las transacciones reportadas como 56,604,449 acciones (indirecto, por fideicomiso), y revela por separado participaciones indirectas relacionadas de 9,509,797.33 acciones por parte del cónyuge como fiduciario, 30,641,981 acciones por una sociedad limitada y 44,025 acciones por 188 Corp. Las notas explicativas indican que los precios reportados reflejan precios de venta promedio ponderados ejecutados en varias operaciones.

찰스 R. 슈왑(Charles R. Schwab) 공동회장 겸 The Charles Schwab Corporation 이사는 08/07/2025 및 08/08/2025에 회사 보통주에 대한 개별 매도 사실을 보고했습니다. Form 4에는 08/07/2025에 22,721주를 가중평균가격 $96.0174에 매도했고, 08/08/2025에는 28,653주를 가중평균가격 $96.6019에, 104,500주를 가중평균가격 $96.8435에 각각 매도한 것으로 기재되어 있습니다. 양식에 보고된 총 매도량은 155,874주입니다. 제출서류는 보고된 거래 후의 실질적 보유주식 수56,604,449주(간접, 신탁을 통해)로 기재했으며, 배우자가 수탁인으로 보유한 간접 지분 9,509,797.33주, 유한파트너십의 30,641,981주, 188 Corp44,025주도 별도로 공시하고 있습니다. 설명란에는 보고된 가격이 여러 거래에서 실행된 가중평균 매도가를 반영한다고 적혀 있습니다.

Charles R. Schwab, coprésident et administrateur de The Charles Schwab Corporation, a déclaré des ventes ponctuelles d'actions ordinaires de la société les 08/07/2025 et 08/08/2025. Le formulaire 4 indique la vente de 22,721 actions le 08/07/2025 à un prix moyen pondéré de $96.0174, et deux ventes le 08/08/2025 de 28,653 actions à un prix moyen pondéré de $96.6019 et de 104,500 actions à un prix moyen pondéré de $96.8435. Les ventes agrégées déclarées sur le formulaire totalisent 155,874 actions. Le dépôt indique la quantité de titres détenus bénéficiairement à la suite des transactions déclarées comme 56,604,449 actions (indirect, par trust), et divulgue séparément des participations indirectes liées de 9,509,797.33 actions par le conjoint en tant que fiduciaire, 30,641,981 actions par une société en commandite et 44,025 actions par 188 Corp. Les notes explicatives précisent que les prix déclarés reflètent des prix de vente moyens pondérés exécutés dans plusieurs transactions.

Charles R. Schwab, Co-Vorsitzender und Director der The Charles Schwab Corporation, meldete einzelne Verkäufe von Stammaktien des Unternehmens am 08/07/2025 und 08/08/2025. Das Formular 4 weist einen Verkauf von 22,721 Aktien am 08/07/2025 zu einem gewichteten Durchschnittspreis von $96.0174 aus, sowie zwei Verkäufe am 08/08/2025 von 28,653 Aktien zu einem gewichteten Durchschnittspreis von $96.6019 und 104,500 Aktien zu einem gewichteten Durchschnittspreis von $96.8435. Die im Formular angegebenen Gesamtabverkäufe belaufen sich auf 155,874 Aktien. Die Einreichung listet die nach den gemeldeten Transaktionen vorteilhaft gehaltene Wertpapiermenge mit 56,604,449 Aktien (indirekt, durch Trust) und macht zusätzlich separate Angaben zu indirekten Anteilen von 9,509,797.33 Aktien durch die Ehefrau als Treuhänderin, 30,641,981 Aktien durch eine Kommanditgesellschaft und 44,025 Aktien durch 188 Corp. Die Erläuterungen geben an, dass die gemeldeten Preise gewichtete Durchschnittspreise der in mehreren Trades ausgeführten Verkäufe widerspiegeln.

Positive
  • None.
Negative
  • Insider dispositions totaling 155,874 shares across 08/07/2025 and 08/08/2025 are reported, which reduced reported beneficial ownership figures on the form.
  • Post-transaction beneficial ownership is reported as 56,604,449 shares (indirect by trust), down from an earlier reported 56,737,602 in the filing's entries.

Insights

TL;DR Insider sales totaled 155,874 SCHW shares across Aug 7–8, 2025 at weighted-average prices near $96; indirect holdings listed at 56.6 million shares.

The Form 4 documents three separate sale entries: 22,721 shares at $96.0174, 28,653 shares at $96.6019, and 104,500 shares at $96.8435, with the prices described as weighted averages from multiple trades. The filing shows the post-transaction indirect beneficial ownership figure of 56,604,449 shares, and disaggregates related holdings by spouse-as-trustee, a limited partnership, and 188 Corp. This is a straightforward disclosure of officer/director dispositions without additional financial metrics or commentary in the filing.

TL;DR Form 4 reports routine officer/director sales executed across multiple trades and details indirect ownership through trusts and affiliated entities.

The filing identifies the reporting person as Co-Chairman and a director and records dispositions rather than acquisitions. It specifies that certain shares are held indirectly (by trust, spouse as trustee, limited partnership and 188 Corp), and provides explanatory footnotes that sale prices are weighted averages from multiple trades. The disclosure content is limited to transactional detail and ownership breakdowns; it does not state any intent, plan designation, or reason for the sales.

Charles R. Schwab, co-presidente e membro del consiglio della The Charles Schwab Corporation, ha comunicato vendite isolate di azioni ordinarie della società il 08/07/2025 e l'08/08/2025. Il Modulo 4 indica la vendita di 22,721 azioni il 08/07/2025 a un prezzo medio ponderato di $96.0174, e due vendite il 08/08/2025 di 28,653 azioni a un prezzo medio ponderato di $96.6019 e di 104,500 azioni a un prezzo medio ponderato di $96.8435. Le vendite aggregate riportate nel modulo ammontano a 155,874 azioni. La comunicazione elenca la quantità di titoli detenuti beneficiariamente dopo le operazioni comunicate come 56,604,449 azioni (indiretto, tramite trust), e dichiara separatamente partecipazioni indirette correlate di 9,509,797.33 azioni da parte del coniuge come trustee, 30,641,981 azioni da una società in accomandita e 44,025 azioni da 188 Corp. Le note esplicative precisano che i prezzi riportati riflettono i prezzi medi ponderati delle vendite eseguite in più transazioni.

Charles R. Schwab, copresidente y director de The Charles Schwab Corporation, informó ventas puntuales de acciones ordinarias de la compañía el 08/07/2025 y el 08/08/2025. El Formulario 4 muestra la venta de 22,721 acciones el 08/07/2025 a un precio promedio ponderado de $96.0174, y dos ventas el 08/08/2025 de 28,653 acciones a un precio promedio ponderado de $96.6019 y de 104,500 acciones a un precio promedio ponderado de $96.8435. Las ventas agregadas reportadas en el formulario suman 155,874 acciones. La presentación detalla la cantidad de valores poseídos beneficiariamente tras las transacciones reportadas como 56,604,449 acciones (indirecto, por fideicomiso), y revela por separado participaciones indirectas relacionadas de 9,509,797.33 acciones por parte del cónyuge como fiduciario, 30,641,981 acciones por una sociedad limitada y 44,025 acciones por 188 Corp. Las notas explicativas indican que los precios reportados reflejan precios de venta promedio ponderados ejecutados en varias operaciones.

찰스 R. 슈왑(Charles R. Schwab) 공동회장 겸 The Charles Schwab Corporation 이사는 08/07/2025 및 08/08/2025에 회사 보통주에 대한 개별 매도 사실을 보고했습니다. Form 4에는 08/07/2025에 22,721주를 가중평균가격 $96.0174에 매도했고, 08/08/2025에는 28,653주를 가중평균가격 $96.6019에, 104,500주를 가중평균가격 $96.8435에 각각 매도한 것으로 기재되어 있습니다. 양식에 보고된 총 매도량은 155,874주입니다. 제출서류는 보고된 거래 후의 실질적 보유주식 수56,604,449주(간접, 신탁을 통해)로 기재했으며, 배우자가 수탁인으로 보유한 간접 지분 9,509,797.33주, 유한파트너십의 30,641,981주, 188 Corp44,025주도 별도로 공시하고 있습니다. 설명란에는 보고된 가격이 여러 거래에서 실행된 가중평균 매도가를 반영한다고 적혀 있습니다.

Charles R. Schwab, coprésident et administrateur de The Charles Schwab Corporation, a déclaré des ventes ponctuelles d'actions ordinaires de la société les 08/07/2025 et 08/08/2025. Le formulaire 4 indique la vente de 22,721 actions le 08/07/2025 à un prix moyen pondéré de $96.0174, et deux ventes le 08/08/2025 de 28,653 actions à un prix moyen pondéré de $96.6019 et de 104,500 actions à un prix moyen pondéré de $96.8435. Les ventes agrégées déclarées sur le formulaire totalisent 155,874 actions. Le dépôt indique la quantité de titres détenus bénéficiairement à la suite des transactions déclarées comme 56,604,449 actions (indirect, par trust), et divulgue séparément des participations indirectes liées de 9,509,797.33 actions par le conjoint en tant que fiduciaire, 30,641,981 actions par une société en commandite et 44,025 actions par 188 Corp. Les notes explicatives précisent que les prix déclarés reflètent des prix de vente moyens pondérés exécutés dans plusieurs transactions.

Charles R. Schwab, Co-Vorsitzender und Director der The Charles Schwab Corporation, meldete einzelne Verkäufe von Stammaktien des Unternehmens am 08/07/2025 und 08/08/2025. Das Formular 4 weist einen Verkauf von 22,721 Aktien am 08/07/2025 zu einem gewichteten Durchschnittspreis von $96.0174 aus, sowie zwei Verkäufe am 08/08/2025 von 28,653 Aktien zu einem gewichteten Durchschnittspreis von $96.6019 und 104,500 Aktien zu einem gewichteten Durchschnittspreis von $96.8435. Die im Formular angegebenen Gesamtabverkäufe belaufen sich auf 155,874 Aktien. Die Einreichung listet die nach den gemeldeten Transaktionen vorteilhaft gehaltene Wertpapiermenge mit 56,604,449 Aktien (indirekt, durch Trust) und macht zusätzlich separate Angaben zu indirekten Anteilen von 9,509,797.33 Aktien durch die Ehefrau als Treuhänderin, 30,641,981 Aktien durch eine Kommanditgesellschaft und 44,025 Aktien durch 188 Corp. Die Erläuterungen geben an, dass die gemeldeten Preise gewichtete Durchschnittspreise der in mehreren Trades ausgeführten Verkäufe widerspiegeln.

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 Charles R.

(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
X Officer (give title below) Other (specify below)
Co-Chairman
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 22,721 D $96.0174(1) 56,737,602(2) I by Trust
Common Stock 08/08/2025 S 28,653 D $96.6019(3) 56,708,949 I by Trust
Common Stock 08/08/2025 S 104,500 D $96.8435(4) 56,604,449 I by Trust
Common Stock 9,509,797.33(2) I by Spouse as Trustee
Common Stock 30,641,981 I by Limited Partnership
Common Stock 44,025 I by 188 Corp
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 $96.05. 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.
2. Reflects transfers of shares between trusts.
3. This transaction was executed in multiple trades at prices ranging from $96.51 to $96.70. 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.
4. This transaction was executed in multiple trades at prices ranging from $96.59 to $96.99. 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 08/11/2025
** 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 sales did Charles R. Schwab report on the Form 4 for SCHW?

He reported three sales: 22,721 shares on 08/07/2025 at $96.0174 (weighted average), 28,653 shares on 08/08/2025 at $96.6019 (weighted average), and 104,500 shares on 08/08/2025 at $96.8435 (weighted average).

How many SCHW shares does Charles R. Schwab beneficially own after these transactions?

The Form 4 reports 56,604,449 shares as beneficially owned following the reported transactions, listed as indirect ownership by trust.

What weighted-average prices were reported for the sales?

Reported weighted-average sale prices are $96.0174 for the 08/07/2025 sale, $96.6019 for one 08/08/2025 sale, and $96.8435 for the other 08/08/2025 sale; the filing notes these reflect multiple trades.

Are the holdings reported as direct or indirect on the Form 4?

The filing shows the reported post-transaction ownership as indirect (I), specifically noting holdings by trust, spouse as trustee, a limited partnership, and 188 Corp.

Does the Form 4 break out related-party holdings for SCHW?

Yes. The form lists 9,509,797.33 shares held by spouse as trustee, 30,641,981 shares held by a limited partnership, and 44,025 shares held by 188 Corp as indirect holdings.
Schwab (CHARLES) Corp. (The)

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