Form 4: Charles Schwab Sells 37,585 Shares of SCHW Common Stock

Charles R. Schwab, Co-Chairman of Charles Schwab Corp, sold 37,585 shares of common stock at an average price of $79.5477 on April 28, 2025.

Summary

• On April 28, 2025, Charles R. Schwab, the Co-Chairman of Charles Schwab Corp, sold 37,585 shares of the company's common stock.
• The sale was executed at a weighted average price of $79.5477 per share, with individual trades ranging from $79.50 to $79.65.
• Following the transaction, Schwab directly owns no shares, but indirectly owns 59,970,853 shares by Trust, 30,641,981 shares by Limited Partnership, 44,025 shares by 188 Corp, and 7,422,852.33 shares by Spouse as Trustee.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and directors, allowing investors to monitor their investment decisions.

Stakeholder Impact

• The sale of shares by a high-profile executive like Charles Schwab could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price in the short term.

Key Dates

Keywords

SCHW, Charles Schwab, Stock Sale, Form 4, Insider Trading, Beneficial Ownership