Form 4: Charles Schwab Co-Chairman Gifts Over 50K Shares

Charles R. Schwab, Co-Chairman of The Charles Schwab Corporation, reported gifting over 50,000 shares of common stock.

Summary

• Charles R. Schwab, Co-Chairman and Director of The Charles Schwab Corporation (SCHW), reported changes in his beneficial ownership of common stock.
• On October 23, 2025, 18,595 shares of common stock were disposed of via a gift (Transaction Code 'G') at a price of $0.
• On October 24, 2025, an additional 31,750 shares of common stock were disposed of via a gift (Transaction Code 'G') at a price of $0.
• Following these transactions, Charles R. Schwab's indirect beneficial ownership includes 56,281,104 shares held by a Trust, 9,509,797.33 shares by a Spouse as Trustee, 30,641,981 shares by a Limited Partnership, and 44,025 shares by 188 Corp.

Sentiment

Score: 5

Explanation: The filing reports routine insider gift transactions, which are generally neutral in sentiment for the company's financial performance or outlook.

Positives

• No direct financial positives for the company are indicated by this insider gift transaction.

Negatives

• No direct financial negatives for the company are indicated by this insider gift transaction, as shares were transferred without monetary consideration rather than sold into the open market.

Related Party Transactions

• Transfer of 18,595 shares of common stock to a related entity (indirect ownership by Trust).
• Transfer of 31,750 shares of common stock to a related entity (indirect ownership by Trust).
• Ongoing indirect beneficial ownership through a Trust (56,281,104 shares).
• Ongoing indirect beneficial ownership through Spouse as Trustee (9,509,797.33 shares).
• Ongoing indirect beneficial ownership through a Limited Partnership (30,641,981 shares).
• Ongoing indirect beneficial ownership through 188 Corp (44,025 shares).

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares were gifted, not sold into the open market, and remain under the beneficial influence of the insider through related entities.

Key Dates

Keywords

Charles Schwab, SCHW, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Co-Chairman