Charles R. Schwab Files Form 144 to Sell $5.89M in Common Stock

Insider Filing Overview: Form 144 Proposed Sale

• Issuer: The Charles Schwab Corporation (NYSE: SCHW)
• Reporting Person: Charles R. Schwab (Officer, Director / Co-Chairman)
• Filing Date: October 28, 2026
• Approximate Sale Date: October 28, 2026

Transaction Summary

Charles R. Schwab has filed a Form 144 notifying the proposed sale of 66,750 shares of common stock through broker The Charles Schwab Corporation, with an aggregate market value of approximately $5,892,269.00 (implying an estimated price of ~$88.27 per share).

• Security: Common Stock
• Shares to be Sold: 66,750
• Gross Proceeds / Market Value: $5,892,269.00
• Account Title: HOS Charles R. Schwab TTEE, Charles and Helen Schwab Living Trust
• Original Acquisition: Acquired on March 31, 1987, via Leveraged Buyout from the Issuer.

Prior 3-Month Activity

During August 2026, the filer executed multiple sales under similar trust holdings:

• 08/03/2026: 95,250 shares for $10,050,418.00
• 08/04/2026: 47,650 shares for $5,054,571.00
• 08/11/2026: 46,445 shares for $5,005,719.00
• 08/12/2026: 46,410 shares for $5,020,448.00
• 08/13/2026: 91,325 shares for $10,004,360.00
• 08/14/2026: 90,500 shares for $10,055,311.00
• 08/24/2026: 11,700 shares for $13,244,412.00

Significance Assessment

This proposed transaction represents a continuation of periodic diversification sales by the founder and Co-Chairman from family trust holdings. With over 1.729 billion total shares outstanding, the 66,750 shares comprise an immaterial percentage (<0.005%) of total common stock outstanding.