Charles R. Schwab Files Form 144 Notice to Sell $1.04M in Schwab ($SCHW)
SCHWAB CHARLES CORP
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Filing Summary
# Form 144: SCHWAB CHARLES CORP (SCHW)
**Filer:** Schwab Charles R. (Officer, Director)
**Proposed Sale:** 11,675 Common Shares (~$1,039,075.00)
**Approx. Sale Date:** 2026-11-03
**Broker:** THE CHARLES SCHWAB CORPORATION
**Account:** C SCHWAB TTEE, THE HELEN SCHWAB 2016 GRAT II TRUST FBO MATTHEW C. PAIGE
Comprehensive Analysis
Executive Summary
On November 3, 2026, Charles R. Schwab, Officer and Director of The Charles Schwab Corporation (NYSE: SCHW), filed Form 144 disclosing a proposed sale of 11,675 shares of Common Stock with an estimated aggregate market value of approximately $1,039,075 ($89.00 per share).
Transaction Details
- Security: Common Stock
- Proposed Sale Quantity: 11,675 shares
- Aggregate Market Value: $1,039,075.00
- Approximate Sale Date: November 3, 2026
- Account Title: C Schwab TTEE, The Helen Schwab 2016 GRAT II Trust FBO Matthew C. Paige
- Origin of Shares: Originally acquired on March 31, 1987 via leveraged buyout from the Issuer.
Prior 3-Month Activity
The filer has reported several substantial dispositions over the trailing three-month period:
- 08/11/2026: 46,445 shares sold for $5,005,719.00
- 08/12/2026: 46,410 shares sold for $5,020,448.00
- 08/13/2026: 91,325 shares sold for $10,004,360.00
- 08/14/2026: 90,500 shares sold for $10,055,311.00
- 08/24/2026: 117,000 shares sold for $13,244,412.00
- 10/28/2026: 66,750 shares sold for $5,897,759.00
- 10/29/2026: 136,400 shares sold for $12,207,871.00
Market Impact & Significance
Trading significance is assessed as Low. While Charles R. Schwab is an insider and founder, the planned disposition of 11,675 shares is negligible relative to the issuer's 1.73 billion total shares outstanding. Furthermore, the sale originates from a trust vehicle (GRAT) and represents routine wealth and estate planning activities.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.