4/A: Schwab Director Carolyn Schwab-Pomerantz Amends Form 4 Filing to Correct Shareholding Omission
SEC Filing (Form 4/A Amendment)
Carolyn Schwab-Pomerantz, a director at Charles Schwab Corp, amended a previous Form 4 filing to include 6,353 directly held shares that were initially omitted due to an administrative error.
Summary
- Carolyn Schwab-Pomerantz, a director of Charles Schwab Corp (SCHW), filed an amended Form 4 with the SEC.
- The amendment corrects an administrative error in the original filing from May 8, 2024, which inadvertently omitted 6,353 shares held directly.
- On May 6, 2024, Schwab-Pomerantz sold 13,113 shares of common stock at a weighted average price of $76.3849, with prices ranging from $76.345 to $76.50.
- Following the reported transaction, Schwab-Pomerantz beneficially owns 1,700,885.6599 shares indirectly by Trust, 6,353 shares directly, 577,857 shares indirectly by Spouse as Trustee, and 2,798 shares indirectly by LLC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting an administrative error, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of the transaction (sale of common stock). |
| 05/08/2024 | Date of the original Form 4 filing. |
| 05/13/2024 | Date of the amended Form 4/A filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.