Form 4: Schwab Charles Executive Sells Shares
Insider Transaction (Form 4)
Nigel J Murtagh, Chief Risk Officer of Schwab Charles Corp, sold 26,675 shares of common stock on August 6, 2026.
Summary
- Option exercise/conversion: acquired 1,897 Common Stock at $46.81 ($88,799) on August 6, 2026; holds 59,869 after (Direct).
- Open-market sale: disposed of 1,897 Common Stock at $109.00 ($206,776) on August 6, 2026; holds 57,972 after (Direct).
- Option exercise/conversion: acquired 24,778 Common Stock at $46.81 ($1,159,858) on August 10, 2026; holds 82,750 after (Direct).
- Open-market sale: disposed of 24,778 Common Stock at $109.01 ($2,701,015) on August 10, 2026; holds 57,972 after (Direct).
- Option exercise/conversion: disposed of 1,897 Nonqualified Stock Option (right to buy) on August 6, 2026; holds 24,778 after (Direct).
- Option exercise/conversion: disposed of 24,778 Nonqualified Stock Option (right to buy) on August 10, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,907,791 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Nigel J Murtagh — Officer (Chief Risk Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-06 | Option exercise/conversion | Common Stock | 1,897 | $47 | $88.8K | 59,869.485 |
| 2026-08-06 | Open-market sale | Common Stock | 1,897 | $109 | $206.8K | 57,972.485 |
| 2026-08-10 | Option exercise/conversion | Common Stock | 24,778 | $47 | $1.2M | 82,750.485 |
| 2026-08-10 | Open-market sale | Common Stock | 24,778 | $109 | $2.7M | 57,972.485 |
| 2026-08-06 | Option exercise/conversion | Nonqualified Stock Option (right to buy) | 1,897 | — | — | 24,778 |
| 2026-08-10 | Option exercise/conversion | Nonqualified Stock Option (right to buy) | 24,778 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-06 | Option exercise/conversion (1,897 shares) |
| 2026-08-06 | Open-market sale (1,897 shares) |
| 2026-08-10 | Option exercise/conversion (24,778 shares) |
| 2026-08-10 | Open-market sale (24,778 shares) |
| 2026-08-06 | Option exercise/conversion (1,897 shares) |
| 2026-08-10 | Option exercise/conversion (24,778 shares) |
Keywords
insider transaction, Form 4, SCHW, SCHWAB CHARLES CORP, bearish, Nigel J Murtagh
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