Form 4: Schwab CFO Peter Crawford Sells 5,500 Shares
SEC Form 4 Filing
Peter Crawford, CFO of Schwab, sold 5,500 shares of common stock at an average price of $65.7106 on February 28, 2024.
Summary
- On February 28, 2024, Peter B. Crawford, the CFO of Schwab, sold 5,500 shares of Schwab's common stock.
- The sale was executed at a weighted average price of $65.7106 per share, with individual trades ranging from $65.71 to $65.72.
- Following the transaction, Crawford directly owns no shares but indirectly owns 24,111 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders. This sale represents a small percentage of Crawford's overall holdings.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some investors, although the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock sale transaction |
| 03/01/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.