Form 4: Charles Schwab Sells 120,000 Shares of SCHW Stock

Charles Schwab, Co-Chairman of Charles Schwab Corp, sold 120,000 shares of SCHW stock at an average price of $85.3937 on May 12, 2025.

Summary

• Charles Schwab, Co-Chairman of Charles Schwab Corp, reported a transaction involving the company's stock.
• On May 12, 2025, Mr. Schwab sold 120,000 shares of common stock at a weighted average price of $85.3937.
• The sale was executed in multiple trades with prices ranging from $85.23 to $85.68.
• Following the transaction, Mr. Schwab indirectly owns 59,002,353 shares through a trust, 30,641,981 through a limited partnership, 44,025 through 188 Corp, and 7,422,852.33 through his spouse as trustee.
• On May 13, 2025, Mr. Schwab gifted 80,000 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the insider selling activity, although the disclosed transaction represents a small portion of Mr. Schwab's overall holdings.

Key Dates

Keywords

SCHW, Charles Schwab, stock sale, beneficial ownership, Form 4, securities transaction