Charles R. Schwab, Co-Chairman of Charles Schwab Corp, filed a Form 4 on October 29, 2026, disclosing two sales of common stock held indirectly through a trust on October 28 and October 29, 2026.

Key Highlights

  • First sale: 66,750 shares disposed of on October 28, 2026, at a weighted average price of $88.3559, with individual trade prices ranging from $88.185 to $88.59.
  • Second sale: 136,400 shares disposed of on October 29, 2026, at a weighted average price of $89.5005, with individual trade prices ranging from $89.06 to $89.92.
  • Combined shares sold: 203,150 shares across the two transactions, both executed as disposition (D) transactions with transaction code S.
  • Post-transaction trust holding: 53,346,291 shares held indirectly by trust following the October 29 sale, down from 53,482,691 after the October 28 sale.
  • Additional indirect holdings: 30,021,463 shares by limited partnership, 10,624,797.33 shares by spouse as trustee, and 44,025 shares by 188 Corp, according to the filing.
  • Reporting person role: Charles R. Schwab is identified as both a Director and an Officer with the title Co-Chairman of NASDAQ:SCHW.

Charles Schwab Corp Co-Chairman Reports Two-Day Share Sale in Trust

According to the Form 4 filed on October 29, 2026, Charles R. Schwab disposed of a total of 203,150 shares of Charles Schwab Corp common stock over two consecutive trading days. Both transactions were executed indirectly through a trust and carried transaction code S, indicating open-market sales. The filing lists the issuer as Schwab Charles Corp with ticker SCHW, traded on what the filing identifies as NASDAQ:SCHW.

The first transaction, dated October 28, 2026, involved 66,750 shares sold at a weighted average price of $88.3559. The filing notes this transaction was executed across multiple trades at prices ranging from $88.185 to $88.59. Following this sale, the trust held 53,482,691 shares. The second transaction, dated October 29, 2026, covered 136,400 shares at a weighted average price of $89.5005, with individual trade prices ranging from $89.06 to $89.92. After this second sale, the trust position stood at 53,346,291 shares.

Beyond the trust, the filing also discloses additional indirect beneficial ownership: 30,021,463 shares held by a limited partnership, 10,624,797.33 shares held by his spouse as trustee, and 44,025 shares held by 188 Corp. The filing was signed by P. Blake Allen as attorney-in-fact on October 29, 2026. The filing further notes that full information on the number of shares and prices for each individual trade within both transactions is available upon request to the SEC staff, the issuer, or a security holder.

What Was Disclosed

Charles R. Schwab, Co-Chairman of Charles Schwab Corp, reported two sales totaling 203,150 shares of common stock held indirectly by trust on October 28 and 29, 2026, at weighted average prices of $88.3559 and $89.5005, respectively.