Form 4: Charles Schwab Co-Chairman Sells Shares in February 2025

Charles Schwab, Co-Chairman of Charles Schwab Corp, sold shares of the company's common stock on February 18th and 19th, 2025.

Summary

• Charles Schwab, Co-Chairman of Charles Schwab Corp, reported the sale of company stock.
• On February 18, 2025, 5,865 shares of common stock were sold at a weighted average price of $81.4016.
• On February 19, 2025, 124,000 shares of common stock were sold at a weighted average price of $81.9633.
• Following these transactions, Mr. Schwab indirectly owns 60,285,358 shares through a trust, 30,641,981 shares through a limited partnership, 44,025 shares through 188 Corp, and 7,372,842.33 shares through his spouse as trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock sales by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.
• The impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates

Keywords

Charles Schwab, SCHW, stock sale, Form 4, beneficial ownership, insider trading, securities