Schwab Director Walter Bettinger Files Intent to Sell $8.25M in Stock
SCHWAB CHARLES CORP
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Filing Summary
Schwab Charles Corp ($SCHW) Director, Walter Bettinger, has filed a Form 144 indicating an intent to sell 74,388 shares of common stock, valued at approximately $8.25 million. The proposed sale is related to a stock option exercise and follows over $49 million in sales by the insider in the prior three months.
Comprehensive Analysis
Walter W. Bettinger, a Director at Schwab Charles Corp, has filed a notice of proposed sale of 74,388 shares of common stock with an aggregate market value of approximately $8.25 million. The shares to be sold were acquired through a stock option exercise on the same day as the proposed sale date, August 28, 2026. This transaction is held indirectly through the WALTER W. BETTINGER II FAMILY TRUST. Notably, this filing follows a series of significant sales by Mr. Bettinger over the past three months, totaling approximately 462,106 shares for gross proceeds of over $49.7 million, indicating a consistent pattern of liquidation by the insider.
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