The founder's continued selling, though small relative to his likely total holdings, may attract attention given the pattern of recent sales. Monitor for any Form 4 filings confirming execution and for any change in the selling cadence.
Price Chart
Executive Summary
Charles R. Schwab, founder and chairman of Charles Schwab Corp, filed a Form 144 notice of intent to sell 66,750 shares of common stock, with an approximate market value of $5.89 million based on the filing date. The shares were acquired in a leveraged buyout in 1987 and have been held long-term. This is a relatively small sale relative to the company's $155.2 billion market cap and the insider's likely substantial holdings, and it follows a series of recent sales by the same insider in August 2026 totaling over 419,000 shares.
Key Facts
- Charles R. Schwab (founder, chairman, officer, director) filed Form 144 to sell 66,750 shares of common stock.
- Estimated proceeds: $5,892,269 based on the filing date (66,750 shares at approximately $88.27 per share).
- Shares were acquired on 03/31/1987 via a leveraged buyout from the issuer.
- The filing notes the insider has sold 419,530 shares in the past 3 months (August 2026) across multiple transactions totaling approximately $45.4 million.
- The proposed sale date is 10/28/2026, the same day as the filing.
- The sale represents about 0.004% of the company's $155.2 billion market cap.
- Recent insider activity (30 days) shows 1 sell totaling $489K, not including this filing.
Financial Impact
Proposed sale of 66,750 shares valued at approximately $5.89 million, representing a small fraction of the company's market cap.
Risk Factors
- Form 144 is an intent to sell; the actual sale may not occur.
- Insider selling by the founder could be perceived negatively by some investors, though the amount is immaterial relative to market cap.
- The filing does not disclose the insider's remaining holdings, so the proportion sold cannot be fully assessed.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001949846-26-000622 |
| Document: 0001949846-26-000622-index.html | 0001949846-26-000622 |
| Document: 0001949846-26-000622.txt | 0001949846-26-000622 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 today | 144 | $89.51 | awaiting T+20 | awaiting T+20 | $89.47 (−0.04%) |
Oct 29, 2026 today | 144 | $89.64 | awaiting T+20 | awaiting T+20 | $89.47 (−0.19%) |
Oct 29, 2026 today | Institutional Cluster | $89.23 | awaiting T+20 | awaiting T+20 | $89.47 (+0.27%) |
Oct 28, 2026 1d ago | 144 | $88.76 | awaiting T+20 | awaiting T+20 | $89.47 (+0.80%) |
Oct 15, 2026 14d ago | 8-K | $91.96 | awaiting T+20 | awaiting T+20 | $89.47 (−2.71%) |
Oct 12, 2026 17d ago | ANALYST-UPGRADE | $97.06 | awaiting T+20 | awaiting T+20 | $89.47 (−7.82%) |
Oct 2, 2026 27d ago | ANALYST-UPGRADE | $96.70 | awaiting T+20 | awaiting T+20 | $89.47 (−7.48%) |
Sep 2, 2026 8w ago | Insider Cluster | $110.38 $96.70 | ▼ −12.39% | ▼ −11.21% | $89.47 (−18.94%) |
Aug 31, 2026 8w ago | Insider Cluster | $108.28 $97.74 | ▼ −9.73% | ▼ −10.05% | $89.47 (−17.37%) |
Aug 31, 2026 8w ago | Insider Cluster | $108.28 $97.74 | ▼ −9.73% | ▼ −10.05% | $89.47 (−17.37%) |
US Market Status
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