Form 4: Schwab Charles Executive Sells Shares
Insider Transaction (Form 4)
Nigel J Murtagh, Chief Risk Officer of Schwab Charles Corp, sold 32,947 shares of common stock on July 27, 2026.
Summary
- Option exercise/conversion: acquired 32,947 Common Stock at $46.81 ($1,542,249) on July 27, 2026; holds 90,919 after (Direct).
- Open-market sale: disposed of 21,947 Common Stock at $104.00 ($2,282,488) on July 27, 2026; holds 68,972 after (Direct).
- Open-market sale: disposed of 11,000 Common Stock at $104.03 ($1,144,349) on July 27, 2026; holds 57,972 after (Direct).
- Option exercise/conversion: disposed of 32,947 Nonqualified Stock Option (right to buy) on July 27, 2026; holds 15,675 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $3,426,837 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 |
|---|---|---|---|---|---|---|
| 2026-07-27 | Option exercise/conversion | Common Stock | 32,947 | $47 | $1.5M | 90,919.485 |
| 2026-07-27 | Open-market sale | Common Stock | 21,947 | $104 | $2.3M | 68,972.485 |
| 2026-07-27 | Open-market sale | Common Stock | 11,000 | $104 | $1.1M | 57,972.485 |
| 2026-07-27 | Option exercise/conversion | Nonqualified Stock Option (right to buy) | 32,947 | — | — | 15,675 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-27 | Option exercise/conversion (32,947 shares) |
| 2026-07-27 | Open-market sale (21,947 shares) |
| 2026-07-27 | Open-market sale (11,000 shares) |
| 2026-07-27 | Option exercise/conversion (32,947 shares) |
Keywords
insider transaction, Form 4, SCHW, SCHWAB CHARLES CORP, bearish, Nigel J Murtagh
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