[Form 4] The Charles Schwab Corporation Insider Trading Activity

Rhea-AI Filing Summary

The Charles Schwab Corporation insider reported a planned sale of shares under a Rule 10b5-1 plan. On 09/02/2025 the reporting person sold 3,205 shares of SCHW at a weighted average price of $95.2033 per share, with execution prices reported between $95.04 and $95.29. The Form 4 lists the reporting person as MD, Chief Banking Officer and indicates continued indirect beneficial ownership of 37,983.1078 shares held by a trust. The filing notes the sales were made pursuant to a 10b5-1 plan adopted on November 15, 2024, and the Form 4 was signed by an attorney-in-fact on 09/03/2025.

Insights

Financial Analyst

TL;DR: Insider sold a small block via a pre-established 10b5-1 plan; remaining indirect holdings persist.

The transaction is a routine, pre-planned disposition: 3,205 shares were sold at a weighted average of $95.2033 between $95.04 and $95.29. The sale was executed under a Rule 10b5-1 trading plan adopted 11/15/2024, which provides affirmative defense for scheduled trades. Post-transaction indirect beneficial ownership is shown as 37,983.1078 shares held by a trust. From an analyst perspective this filing documents a controlled liquidity event rather than a governance shock or abrupt change in ownership.

Corporate Governance Expert

TL;DR: Filing reflects compliance with insider-trading protocols; no new governance issues disclosed.

The Form 4 discloses that the reporting person used a Rule 10b5-1 plan to effect sales, and the filer certified willingness to provide trade-level details on request. The signature by an attorney-in-fact indicates procedural completion. There are no disclosed departures, appointments, or other governance actions in this filing; it is limited to scheduled equity disposition and updated beneficial ownership figures.

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^*

Woolway Paul V

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	MD, Chief Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		S(1)		3,205	D	$95.2033(2)	37,983.1078	I	by Trust
Common Stock								25,153	D
Common Stock								7,468	I	by ESPP
Common Stock								1,138.624	I	by Son 1
Common Stock								1,138.624	I	by Son 2

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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2024.

2. This transaction was executed in multiple trades at prices ranging from $95.04 to $95.29. 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	09/03/2025
	** 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 did the SCHW insider sell on 09/02/2025?

The reporting person sold 3,205 shares of SCHW on 09/02/2025.

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

The sales were executed at prices ranging from $95.04 to $95.29, with a weighted average sale price of $95.2033.

Was the SCHW sale part of a trading plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 15, 2024.

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

The filing shows indirect beneficial ownership of 37,983.1078 shares held by a trust following the reported transaction.

Who filed the Form 4 for the SCHW insider?

The Form 4 was signed by /s/ P. Blake Allen, Attorney-in-fact on 09/03/2025, on behalf of the reporting person.