Form 4: Charles Schwab Director Sells Shares in Recent Transaction

Charles Schwab director Charles A. Ruffel sold 2,998 shares of common stock at an average price of $78.6454 on November 13, 2024.

Summary

• Charles A. Ruffel, a director at Charles Schwab Corp, sold 2,998 shares of common stock on November 13, 2024.
• The sale was executed at a weighted average price of $78.6454 per share, with individual trades ranging from $78.625 to $78.68.
• Following the transaction, Mr. Ruffel directly owns 13,498.4634 shares of common stock, which includes 45.9833 shares acquired through dividend reinvestment.
• He also indirectly owns 3,450.569 shares through a 401(k) and 9,542.9876 shares through an IRA, which include 13.2815 and 36.7316 shares acquired through dividend reinvestment respectively.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for directors to buy and sell shares in their companies, and these transactions are required to be disclosed to the SEC.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, and this filing is consistent with those requirements.
• The transaction is relatively small in the context of the overall market capitalization of Charles Schwab, and is not unusual for a director's trading activity.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small sale by a single director.

Key Dates

Keywords

Charles Schwab, Director Share Sale, Insider Trading, Form 4, Stock Transaction, SCHW