Schwab (CHARLES) Corp. (The) SEC Filings

Charles Schwab Corp (SCHW) insider, a Director and Co‑Chairman, reported a gift of 52,500 shares of common stock on 11/12/2025 (transaction code G) at a stated price of $0. The shares were held indirectly by a trust.

After the transaction, the reporting person beneficially owned shares indirectly across entities: 56,119,454 by Trust, 30,641,981 by a Limited Partnership, 44,025 by 188 Corp, and 9,509,797.33 by Spouse as Trustee. The filing was made by one reporting person.

The Charles Schwab Corporation issued two tranches of senior unsecured debt, raising $2,000,000,000 in aggregate principal. The offering comprised $1,000,000,000 of 4.343% Fixed-to-Floating Rate Senior Notes due 2031 and $1,000,000,000 of 4.914% Fixed-to-Floating Rate Senior Notes due 2036. Net proceeds were approximately $1,986,000,000 after underwriting discounts and estimated expenses.

The Notes were issued under a new Senior Indenture and First Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. as trustee, and sold to underwriters led by BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley, and Wells Fargo pursuant to an effective S-3 shelf.

The Charles Schwab Corporation launched a primary debt offering of $2,000,000,000 in senior unsecured notes across two tranches. The 2031 notes carry a fixed rate of 4.343% until November 14, 2030, then float at compounded SOFR plus 0.940% to maturity on November 14, 2031. The 2036 notes carry a fixed rate of 4.914% until November 14, 2035, then float at compounded SOFR plus 1.230% to maturity on November 14, 2036.

The notes priced at 100% of principal with underwriting discounts of 0.350% (2031) and 0.450% (2036), yielding combined gross proceeds of $2,000,000,000 and proceeds to CSC of $1,992,000,000 before expenses. Net proceeds are expected to be about $1,986 million, intended for general corporate purposes, including repayment of maturing notes. The notes are senior unsecured obligations and may be redeemed at CSC’s option under specified terms.

Charles Schwab Corp (SCHW) reported an insider transaction on a Form 4. A director recorded a gift (Code G) of 298 shares of common stock on 11/10/2025 at a stated price of $0.

Following the transaction, the reporting person’s beneficial ownership included 1,434,558.6599 shares held indirectly by a trust, 440,914 shares held indirectly by spouse as trustee, 2,798 shares held indirectly by an LLC, and 9,624 shares held directly.

Charles Schwab Corp (SCHW) reported an insider Form 4. A Director and Co‑Chairman filed a Code G transaction on 11/10/2025 involving 61,388 shares at $0. Following the transaction, 529,346 shares were beneficially owned indirectly by a Family Trust.

Other indirect holdings disclosed: 4,073 shares by ESPP, 6,677.621 shares by ESOP, 2,379.7757 shares by spouse, and 176.1192 shares by spouse as trustee. The ESOP figure is based on a plan statement as of November 11, 2025, and the spouse’s amount includes 6.7408 shares acquired through dividend reinvestment.

Charles Schwab Corporation (SCHW) officer (MD, Chief Banking Officer) reported Form 4 transactions dated 11/10/2025. The filing lists transfers coded “G” at $0: 1,089 shares of common stock were transferred out (disposition) from a trust, and 398 shares were added to each of Son 1 and Son 2 accounts.

Following these transactions, beneficial ownership is reported as: 29,866.4372 shares by Trust, 1,536.624 shares by Son 1, and 1,536.624 shares by Son 2, all indirect. Additional reported holdings include 25,153 shares held directly and 7,468 shares held indirectly via ESPP. The remarks note the activity reflects transfers of shares between trusts.

The Charles Schwab Corporation filed a preliminary prospectus supplement for a primary debt offering of fixed‑to‑floating rate senior notes due 2031 and 2036. The notes are senior unsecured obligations that rank equally with the company’s other unsecured senior indebtedness. The filing states the notes will pay a fixed rate until an interest reset date, then a floating rate based on compounded SOFR plus a spread, with interest paid semi‑annually during the fixed period and quarterly during the floating period.

Schwab may redeem the notes at its option under specified terms, including make‑whole provisions before the reset dates and par calls thereafter. The company does not plan to list the notes on any securities exchange, and an active trading market may not develop. Use of proceeds is for general corporate purposes, including repayment of maturing notes. The risk section highlights structural subordination to subsidiary liabilities, limited covenants, sensitivity to interest rates and credit ratings, and SOFR‑related benchmark transition considerations.

Charles Schwab (SCHW) insider transaction: An officer (MD, Head of Investor Services) reported an option exercise and same‑day sale on 11/07/2025. The insider exercised 35,188 nonqualified stock options at an exercise price of $41.98 per share (code M), then sold 35,188 shares at a weighted average sale price of $95.3458 (code S), with trades executed between $95.235 and $95.45.

Shares received upon exercise were contributed to a revocable trust before being sold. Following these transactions, reported beneficial ownership of the common stock was 0, and the derivative position was 0. The option was granted under the company’s 2013 Stock Incentive Plan and vested in four equal annual installments; it had an expiration date of 03/02/2030.

The Charles Schwab Corporation reported strong Q3 results in its 10-Q. Total net revenues were $6,135 million, up 27% year over year, while expenses excluding interest rose 4% to $3,114 million. Net income increased 67% to $2,358 million and diluted EPS reached $1.26, up 77%. The pre-tax profit margin expanded to 49.2% from 38.0%.

Growth was fueled by robust client activity. Net new client assets were $134.4 billion, up 48%, and core net new assets were $137.5 billion, up 44%. Client assets ended the quarter at $11,593.9 billion, up 17%, with average client assets of $11,151.9 billion, up 16%. New brokerage accounts were 1,143 thousand, up 18%, and active brokerage accounts reached 37,963 thousand, up 6%.

For the first nine months, revenues rose 23% to $17,585 million and net income grew 56% to $6,393 million. Management highlighted improved investor sentiment, record equity market levels, and a 25 bps federal funds rate cut in September as part of the operating backdrop.