Insider trade

CEO purchased ~$1.85M of SCHW shares in the open market

Traded May 28, 2026 · Filed May 28, 2026

~$1.85M
Reported value · 22K sh @ $84.2257: 218K
Holds after · shares reported: +15.3%
stock since the trade · S&P 500 +1.2%, $85.35 → $98.37 on Oct 1

Why it stands out

The boss of Charles Schwab Corporation spent $1.85M of their very own money to buy Charles Schwab Corporation shares. Their pile of Charles Schwab Corporation shares grew by 11%.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 28, 2026
Reporting period: Not applicable
Filed with the SEC: May 28, 2026

CEO$1M+Holdings +11%

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$1,849,512

Shares × reported transaction price

Size band

$1M+

Ownership change

+11.2%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

42 days after results of Apr 16, 2026, 54 days before results of Jul 21, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $85.35 on May 28, 2026, at its 52-week low, after a 15% drop over the previous 30 trading days

52-week range $85.35 (May 28, 2026) to $107.21 (Feb 9, 2026), 0% of the way up, from 251 adjusted closes. 30 trading days earlier: $100.27 on Apr 15, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Oct 6, 2025 in the U.S. District Court, E.D. Texas. A filing is an allegation, not a finding.

Lewis v. Charles Schwab & Co., Inc., docket 4:25-cv-01086, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.7%	-2.5%	+4.2%
30 days	+3.7%	-2.0%	+5.7%
90 days	+23.7%	+1.9%	+21.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001889263-26-000005
Filed / recorded: May 28, 2026, 8:24 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: SCHWAB CHARLES CORP
Issuer CIK: 316709
Ticker: SCHW
Reporting person: Richard A Wurster
Relationship: Director, Officer
Officer title: President & CEO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 28, 2026
Transaction code: P
Shares / units: 21,959
Price per share: $84.2257
Acquired / disposed: Acquired (A)
Shares owned after: 218,409
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades at prices ranging from $84.04 to $84.51. The price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.