Insider trade

Officer sold ~$242K of SCHW shares in the open market

Traded Aug 13, 2026 · Filed Aug 17, 2026

~$242K
Reported value · 2,198 sh @ $110.00: 6,980
Holds after · shares reported: -10.6%
stock since the trade · S&P 500 -1.8%, $110.06 → $98.37 on Oct 1

Why it stands out

Charles Schwab Corporation's MD, Chief Tech, OPS & Data Off sold $242K of Charles Schwab Corporation shares. It was planned long ago, so it says very little.

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: Aug 13, 2026
Reporting period: Not applicable
Filed with the SEC: Aug 17, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$241,780

Shares × reported transaction price

Timing vs results

23 days after 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 $110.06 on Aug 13, 2026, at its 52-week high, after a 15% rise over the previous 30 trading days

52-week range $85.35 (May 28, 2026) to $110.06 (Aug 13, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $95.78 on Jul 1, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

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	+0.5%	-0.2%	+0.7%
30 days	-6.3%	-0.6%	-5.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001825454-26-000028
Filed / recorded: Aug 17, 2026, 9:43 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: Dennis Howard
Relationship: Officer
Officer title: MD, Chief Tech, OPS & Data Off
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Aug 13, 2026
Transaction code: S
Shares / units: 2,198
Price per share: $110.00
Acquired / disposed: Disposed (D)
Shares owned after: 6,980
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on November 25, 2025.

Around the same time

5w ago

3,177Shares · @ $52.05

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

Officer sold ~$346K of Charles Schwab Corporation

Scheduled in advance5w ago

5w ago

3,177Derivative units

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record