Form 4: Schwab Charles Executive Sells Shares
Insider Transaction (Form 4)
Dennis Howard, MD, Chief Tech, OPS & Data Off of Schwab Charles Corp, sold 28,000 shares of common stock on July 28, 2026 for $105.01 per share.
Summary
- Option exercise/conversion: acquired 28,000 Common Stock at $64.10 ($1,794,800) on July 28, 2026; holds 38,470 after (Direct).
- Open-market sale: disposed of 28,000 Common Stock at $105.01 ($2,940,263) on July 28, 2026; holds 10,470 after (Direct).
- Option exercise/conversion: disposed of 28,000 Nonqualified Stock Option (right to buy) on July 28, 2026; holds 56,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,940,263 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Dennis Howard — Officer (MD, Chief Tech, OPS & Data Off)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-28 | Option exercise/conversion | Common Stock | 28,000 | $64 | $1.8M | 38,470 |
| 2026-07-28 | Open-market sale | Common Stock | 28,000 | $105 | $2.9M | 10,470 |
| 2026-07-28 | Option exercise/conversion | Nonqualified Stock Option (right to buy) | 28,000 | — | — | 56,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-28 | Option exercise/conversion (28,000 shares) |
| 2026-07-28 | Open-market sale (28,000 shares) |
| 2026-07-28 | Option exercise/conversion (28,000 shares) |
Keywords
insider transaction, Form 4, SCHW, SCHWAB CHARLES CORP, bearish, Dennis Howard
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