Form 4: Schwab CEO Richard Wurster Reports Stock Transactions
SEC Form 4 Filing
Richard Wurster, President & CEO of Charles Schwab Corp, reports disposition of common stock and holdings in employee stock purchase plan.
Summary
- Richard A Wurster, President & CEO of Charles Schwab Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 5, 2025, Wurster disposed of 2,877 shares of common stock.
- Following the transaction, Wurster directly owns 193,034 shares of common stock.
- Wurster also indirectly owns 4,334 shares through an Employee Stock Purchase Plan (ESPP) as of April 30, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of plan statement for ESPP holdings. |
| 05/05/2025 | Date of stock transaction (disposal of shares). |
| 05/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Richard Wurster, SCHW, Charles Schwab Corp, Stock Transaction, ESPP
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