Form 4: Schwab Director Carolyn Schwab-Pomerantz Sells Shares Under 10b5-1 Trading Plan

Carolyn Schwab-Pomerantz, a director at Charles Schwab Corp, sold shares of common stock on May 1, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 1, 2025, Carolyn Schwab-Pomerantz, a director of Charles Schwab Corp, executed sales of the company's common stock.
• The sales were conducted under a Rule 10b5-1 trading plan adopted on August 14, 2024.
• Two transactions occurred: one involving the sale of 14,400 shares at a weighted average price of $81.1408, and another involving the sale of 9,600 shares at a weighted average price of $81.143.
• Following these transactions, Schwab-Pomerantz directly owns 8,162 shares and indirectly owns 1,531,193.6599 shares through a trust, 496,129 shares through a spouse as trustee, and 2,798 shares through an LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of trading on inside information. The use of a 10b5-1 plan provides a legal framework for insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Schwab, Director, Share Sale, 10b5-1 Plan, SCHW, Carolyn Schwab-Pomerantz