Form 4: Schwab Executive Paul Woolway Executes Stock Option and Sells Shares Under 10b5-1 Plan

Paul Woolway, MD, Chief Banking Officer of Charles Schwab Corp, exercised stock options and sold shares under a pre-arranged 10b5-1 trading plan.

Summary

• On March 24, 2025, Paul Woolway, MD, Chief Banking Officer of Charles Schwab Corp, exercised nonqualified stock options to acquire 8,614 shares of common stock at a price of $41.98 per share.
• Simultaneously, Woolway sold 8,614 shares of common stock at a weighted average price of $80.0011 per share, with individual trades ranging from $80.00 to $80.01.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 15, 2024.
• Woolway also contributed 8,614 shares received upon exercise of the option to a trust.
• Following these transactions, Woolway directly owns 33,767 shares and indirectly owns 49,204.1078 shares through a trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. The transactions are part of a pre-arranged plan, so there is no reason to believe they reflect a change in the executive's view of the company's prospects.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Key Dates

Keywords

Form 4, Schwab, Stock Options, Insider Trading, Beneficial Ownership, Paul Woolway, 10b5-1 Plan