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Schwab Officer Neesha Hathi Plans $1.77M Stock Sale

High SignificanceAugust 28, 2026 at 2:45:17 PM UTC

SCHWAB CHARLES CORP

$SCHW144CIK: 0000316709

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Filing Summary

SCHWAB CHARLES CORP (SCHW) officer Neesha Hathi has filed a Form 144 for a proposed sale of 16,354 shares, valued at approximately $1.77 million, scheduled for August 28, 2026. The sale is part of a pre-arranged 10b5-1 trading plan.

Comprehensive Analysis

Schwab Officer Files Intent to Sell Shares

Neesha Hathi, an officer at SCHWAB CHARLES CORP (SCHW), has filed a Form 144, indicating an intent to sell a significant number of shares.

Transaction Details:

  • Action: Proposed sale of 16,354 shares of Common Stock.
  • Total Value: Approximately $1,769,502.00.
  • Price Per Share: The transaction is valued at an approximate price of $108.20 per share.
  • Transaction Date: The sale is anticipated to occur around August 28, 2026.

Context and Analysis: This transaction is being conducted under a Rule 10b5-1 trading plan, which was adopted on May 29, 2026. Such plans allow insiders to sell shares at a predetermined time to avoid accusations of trading on non-public information. The filing indicates the shares were acquired through a 'STOCK OPTIONS EX/SELL' transaction, meaning the officer is exercising options and immediately selling the acquired shares. The shares are held indirectly via the 'ADAM FISCHER FRITZ AND NEESHA K. HATHI REVOCABLE TRUST'. The substantial value of this planned sale is notable.

Topics:#Schwab#InsiderTrading#SCHW

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