Form 4: Schwab's Chief Risk Officer, Nigel Murtagh, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Nigel Murtagh, Chief Risk Officer of Schwab, reports changes in beneficial ownership of company stock, including shares acquired through dividend reinvestment and an employee stock purchase plan.
Summary
- Nigel J Murtagh, Chief Risk Officer of Schwab, filed a Form 4 to report changes in beneficial ownership of Schwab's common stock.
- The reported transactions occurred on May 6, 2025.
- Murtagh acquired 121 shares of common stock through dividend reinvestment.
- He also indirectly owns 2,374 shares through an Employee Stock Purchase Plan (ESPP) as of April 30, 2025.
- Following the reported transactions, Murtagh directly owns 58,993.0841 shares of common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock ownership changes.
Positives
- The reporting person increased their holdings in the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| April 30, 2025 | Date of plan statement for ESPP holdings |
| May 6, 2025 | Date of transaction: dividend reinvestment |
| May 7, 2025 | Date of signature on the report |
Keywords
Form 4, Beneficial Ownership, Schwab, Nigel Murtagh, Chief Risk Officer, Stock, Dividend Reinvestment, ESPP
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