Schwab Charles Corp chair Charles R. Schwab sells $1.04M of SCHW

Charles R. Schwab, a chair of the board of Schwab Charles Corp (SCHW), sold 11,675 shares on Nov 3 at an average price of $89.21, a total of $1.04 million, according to a Form 4 filed with the SEC on Nov 5.

The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. The trade was reported within two business days, as Section 16 requires.

After the trade, the filing lists 53,334,616 shares held.

Details from the SEC filing:

The sale

Company	Schwab Charles Corp (SCHW)
Insider	Charles R. Schwab
Role	Chair
Transaction	Open-market sale (code S)
Shares	11,675
Average price	$89.21
Value	$1,041,584
Trade date	Nov 3, 2026
Filed with the SEC	Nov 5, 2026, 6:59 PM ET
Shares held after	53,334,616
Ownership	Indirect
Rule 10b5-1 plan	Not marked in the filing

Open the full breakdown of this SCHW trade

View the Form 4 on SEC.gov

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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.