Form 4: Schwab Charles Executive Sells Shares
Insider Transaction (Form 4)
Walter W Bettinger, Co-Chairman and a Director of Schwab Charles Corp, sold 176,210 shares of common stock on August 24, 2026 for $113.49 per share.
Summary
- Option exercise/conversion: acquired 176,210 Common Stock at $46.81 ($8,248,390) on August 24, 2026; holds 786,570 after (Indirect).
- Open-market sale: disposed of 176,210 Common Stock at $113.49 ($19,997,368) on August 24, 2026; holds 610,360 after (Indirect).
- Option exercise/conversion: disposed of 176,210 Nonqualified Stock Option (right to buy) on August 24, 2026; holds 228,977 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $19,997,368 of stock on the open market.
Insider Transactions
Walter W Bettinger — Director, Officer (Co-Chairman)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-24 | Option exercise/conversion | Common Stock | 176,210 | $47 | $8.2M | 786,570 |
| 2026-08-24 | Open-market sale | Common Stock | 176,210 | $113 | $20.0M | 610,360 |
| 2026-08-24 | Option exercise/conversion | Nonqualified Stock Option (right to buy) | 176,210 | — | — | 228,977 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-24 | Option exercise/conversion (176,210 shares) |
| 2026-08-24 | Open-market sale (176,210 shares) |
| 2026-08-24 | Option exercise/conversion (176,210 shares) |
Keywords
insider transaction, Form 4, SCHW, SCHWAB CHARLES CORP, bearish, Walter W Bettinger
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