Form 4: Charles Schwab Co-Chairman Reports Stock Disposals via Trust and Other Entities

Charles Schwab, Co-Chairman of Charles Schwab Corp, reported the disposal of common stock through indirect ownership via trust, limited partnership, 188 Corp, and as trustee for spouse.

Summary

• Charles Schwab, Co-Chairman of Charles Schwab Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 7, 2025, 62,500 shares of common stock were disposed of indirectly through a trust.
• On May 8, 2025, an additional 6,000 shares of common stock were disposed of indirectly through a trust.
• Following these transactions, Mr. Schwab's indirect beneficial ownership includes 59,122,353 shares held by trust, 30,641,981 shares held by a limited partnership, 44,025 shares held by 188 Corp, and 7,422,852.33 shares held by spouse as trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Charles Schwab, SCHW, Stock Disposal, Trust, Director, Officer