Charles R. Schwab, an officer and director of Schwab Charles Corp, filed a Form 144 notice of proposed sale of 69,350 shares of common stock, dated October 29, 2026, with an aggregate market value of $6,234,565.00.

Key Highlights

  • Proposed Sale: 69,350 shares of common stock with an aggregate market value of $6,234,565.00, with an approximate sale date of 10/29/2026 on the NYSE.
  • Original Acquisition: The shares were acquired on 03/31/1987 via a leveraged buyout from the issuer, with payment noted as "NA."
  • Account Title: The filing notes the full account title as "HOS CHARLES R SCHWAB TTEE, CHARLES AND HELEN SCHWAB LIVING TRUST."
  • Shares Outstanding: According to the filing, 1,729,335,714 shares of common stock were outstanding at the time of notice.
  • Prior 3-Month Sales: Eight separate sales of common stock were reported between 08/03/2026 and 10/28/2026, totaling gross proceeds across those transactions ranging from approximately $5.0 million to $13.2 million per sale.
  • Relationship to Issuer: Charles R. Schwab is identified in the filing as both an officer and a director of Schwab Charles Corp.

Charles R. Schwab's Proposed Share Sale Under Rule 144

According to the Form 144 filing submitted on October 29, 2026, Charles R. Schwab, serving as both an officer and director of Schwab Charles Corp (NYSE:SCHW), filed a notice of proposed sale of 69,350 shares of common stock. The filing reports an aggregate market value of $6,234,565.00 for the proposed sale, with the approximate date of sale listed as 10/29/2026. The securities are to be sold on the NYSE, with The Charles Schwab Corporation, located at 3000 Schwab Way, Westlake, TX 76262, named as the broker.

The filing discloses that the shares to be sold were originally acquired on 03/31/1987 through a leveraged buyout from the issuer. The full account under which the securities are held is identified as "HOS CHARLES R SCHWAB TTEE, CHARLES AND HELEN SCHWAB LIVING TRUST." The filing also notes that 1,729,335,714 shares of common stock were outstanding at the time of the notice.

In the section covering securities sold during the past three months, the filing lists eight prior transactions by Charles R. Schwab in common stock between 08/03/2026 and 10/28/2026. Those sales involved amounts ranging from 46,410 shares to 117,000 shares per transaction, with gross proceeds per transaction ranging from $5,005,719.00 to $13,244,412.00. The most recent prior sale listed was 66,750 shares on 10/28/2026 for gross proceeds of $5,897,759.00.

What Was Disclosed

A Form 144 was filed on October 29, 2026, by Charles R. Schwab, an officer and director of Schwab Charles Corp, proposing the sale of 69,350 shares of common stock with an aggregate market value of $6,234,565.00, originally acquired via a leveraged buyout in 1987.