Form 4: Schwab CFO Peter B. Crawford Reports Stock Transactions

Peter B. Crawford, CFO of Charles Schwab Corp, reports the sale and acquisition of company stock, including transactions involving a trust.

Summary

• On April 16, 2024, Peter B. Crawford, CFO of Charles Schwab Corp, sold 6,114 shares of common stock at a weighted average price of $71.0198 per share.
• On April 18, 2024, Crawford exercised a nonqualified stock option to acquire 5,482 shares at a price of $28.44.
• Also on April 18, 2024, Crawford contributed 5,482 shares to a trust and sold 5,482 shares held by the trust at $73.46 per share.
• Following these transactions, Crawford directly owns 5,481 derivative securities and indirectly owns 60,567 shares of common stock through a trust.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the insider's trading activity.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO, trade their company's stock. These filings provide transparency into the transactions of individuals with access to non-public information.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.

Key Dates