Form 4: Schwab Charles Executive Sells Shares
Insider Transaction (Form 4)
Jonathan M. Craig, MD, Head of Retail Investing of Schwab Charles Corp, sold 21,750 shares of common stock on August 5, 2026 for $107.02 per share.
Summary
- Option exercise/conversion: acquired 21,750 Common Stock at $46.81 ($1,018,118) on August 5, 2026 (Direct).
- Open-market sale: disposed of 21,750 Common Stock at $107.02 ($2,327,752) on August 5, 2026 (Indirect).
- Option exercise/conversion: disposed of 21,750 Nonqualified Stock Option (right to buy) on August 5, 2026; holds 21,866 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,327,752 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Jonathan M. Craig — Officer (MD, Head of Retail Investing)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-05 | Option exercise/conversion | Common Stock | 21,750 | $47 | $1.0M | 0 |
| 2026-08-05 | Open-market sale | Common Stock | 21,750 | $107 | $2.3M | 0 |
| 2026-08-05 | Option exercise/conversion | Nonqualified Stock Option (right to buy) | 21,750 | — | — | 21,866 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-05 | Option exercise/conversion (21,750 shares) |
| 2026-08-05 | Open-market sale (21,750 shares) |
| 2026-08-05 | Option exercise/conversion (21,750 shares) |
Keywords
insider transaction, Form 4, SCHW, SCHWAB CHARLES CORP, bearish, Jonathan M. Craig
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