Charles Schwab stock: Co-chairman's trust sells 70,750 shares
Published on 11/13/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInsider Sale Draws Investor Attention
- Charles R. Schwab reported the trust transaction in a Form 4 filed with the SEC on November 10.
- The filing also disclosed a separate gift of company shares from the trust.
- The sale was executed through multiple trades, while the gift carried no reported sale price.
Charles Schwab stock drew attention on Thursday, November 12, after a trust linked to co-chairman Charles R. Schwab reported a completed share sale. The filing also disclosed a separate gift of company shares.
StockTitan's reproduction of the SEC Form 4 states that the trust sold 70,750 common shares on November 9, 2026, at a weighted-average price of 93.0074 U.S. dollars per share. The transactions were executed at prices ranging from 92.835 to 93.135 U.S. dollars, generating proceeds of 6.58 million U.S. dollars.
Trust Transaction Details
The same filing reported that the trust transferred 31,850 shares as a bona fide gift on November 10. The transfer was recorded at zero dollars rather than as a market sale. After the transactions, the trust held 53,232,016 Charles Schwab shares, according to the filing.
The Form 4 identifies Charles R. Schwab as a director and co-chairman. It also lists indirect holdings through a limited partnership, 188 Corp. and his spouse as trustee. The filing does not identify a Rule 10b5-1 plan for the reported transactions.
Market Context For Investors
Insider transactions can provide context on ownership changes, but a single sale does not establish management's view of the company's operating outlook. The trust's remaining holding and the additional indirect positions mean the filing describes one portfolio transaction within a broader ownership structure.
Charles Schwab stock traded at 83.08 euros on Lang & Schwarz at 13:14 CET on Friday, November 13, 2026.
Charles Schwab Corporation
- Company: The Charles Schwab Corporation
- ISIN: US8085131055
- Ticker: SCHW
- Home exchange: NYSE
- Lang & Schwarz price: 83.08 euros at 13:14 CET on November 13, 2026
The filing comes as investors track the broader U.S. equity backdrop through the S&P 500.
Further insider disclosures or company announcements will determine whether the ownership change gains additional relevance for investors. More news and analyses on Charles Schwab stock.
