The sale is small relative to market cap and the insider's likely total holdings. Monitor subsequent Form 4 filings to confirm whether the sale was executed and at what price. No immediate read-through for the stock.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+5- T+0 · Oct 29 $89.47entry
- T+1 · 7d ago −1.59%α +0.19% · $88.05
- T+5 · 15h ago +3.48%α +8.20% · $92.58
- T+20 · in 21d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Charles R. Schwab, founder and chairman of Charles Schwab Corp., filed a Form 144 notice of intent to sell 69,350 shares of common stock with an approximate market value of $6.23 million. The shares were acquired in a leveraged buyout in 1987. The filing signals insider intent to sell but does not guarantee execution.
Key Facts
- Charles R. Schwab (founder, chairman, director, officer) filed Form 144 to sell 69,350 shares
- Estimated aggregate market value of shares to be sold: $6,234,565
- Shares were acquired on 03/31/1987 via a leveraged buyout from the issuer
- Proposed sale date: 10/29/2026
- The filing is an advance notice of intent to sell, not a completed transaction
Financial Impact
Proposed sale of 69,350 shares valued at approximately $6.23 million, representing about 0.004% of the company's $154.4B market cap
Risk Factors
- Form 144 is only an intent to sell; the sale may not occur
- Insider selling by the founder could be perceived negatively by some market participants despite the small size
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001949846-26-000623 |
| Document: 0001949846-26-000623-index.html | 0001949846-26-000623 |
| Document: 0001949846-26-000623.txt | 0001949846-26-000623 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 5, 2026 today | Insider Cluster | $92.41 | awaiting T+20 | awaiting T+20 | $92.58 (+0.18%) |
Nov 3, 2026 2d ago | Insider Cluster | $93.37 | awaiting T+20 | awaiting T+20 | $92.58 (−0.85%) |
Nov 3, 2026 2d ago | 144 | $89.28 | awaiting T+20 | awaiting T+20 | $92.58 (+3.70%) |
Oct 29, 2026 7d ago | 144 | $89.47 | awaiting T+20 | awaiting T+20 | $92.58 (+3.48%) |
Oct 29, 2026 7d ago | 144 | $89.47 | awaiting T+20 | awaiting T+20 | $92.58 (+3.48%) |
Oct 29, 2026 7d ago | Institutional Cluster | $89.47 | awaiting T+20 | awaiting T+20 | $92.58 (+3.48%) |
Oct 28, 2026 8d ago | 144 | $88.76 | awaiting T+20 | awaiting T+20 | $92.58 (+4.30%) |
Oct 15, 2026 21d ago | 8-K | $91.96 | awaiting T+20 | awaiting T+20 | $92.58 (+0.67%) |
Oct 12, 2026 24d ago | ANALYST-UPGRADE | $97.06 | awaiting T+20 | awaiting T+20 | $92.58 (−4.62%) |
Oct 2, 2026 4w ago | ANALYST-UPGRADE | $96.70 $88.05 | ▼ −8.95% | ▼ −7.14% | $92.58 (−4.26%) |
US Market Status
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