Form 4: Schwab Director Carolyn Schwab-Pomerantz Sells Shares in Multiple Transactions
SEC Form 4 Filing
Director Carolyn Schwab-Pomerantz sold shares of Charles Schwab Corp (SCHW) in multiple transactions on May 16, 2025.
Summary
- Carolyn Schwab-Pomerantz, a director of Charles Schwab Corp (SCHW), reported the sale of common stock on May 16, 2025.
- The sales were executed in multiple trades at weighted average prices of $88.7425 and $88.7304.
- A total of 10,795 shares were sold at an average price of $88.7425, and 7,215 shares were sold at an average price of $88.7304.
- Following the transactions, Schwab-Pomerantz directly owns 8,162 shares and indirectly owns 1,520,398.6599 shares through a trust, 488,914 shares through a spouse as trustee, and 2,798 shares through an LLC.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sales by an insider.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the director reducing their holdings.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of stock sale transactions. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
SCHW, Charles Schwab Corp, Form 4, Director, Stock Sale, Beneficial Ownership, Schwab-Pomerantz
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