Insider Cluster (2 insiders) ·Filed Apr 28, 2026
Insider cluster: 2 insiders, $10.2M total
Actionable Insight • Neutral
These insider sales are routine and immaterial relative to Schwab's size. No trading signal. Monitor for any larger patterns or material changes in insider behavior, but this cluster alone is not actionable.
Final — all horizons settled through T+60d ⚠ clustered
SCHW ▲ +11.85% at T+60d
NEUTRAL call +11.85% · α vs SPY +8.13% · entry $90.85 → $101.61
T+1d
+0.32%
call +0.32% · α +0.33%
$91.14
settled 6mo ago
T+5d
+1.67%
call +1.67% · α -0.02%
$92.37
settled 6mo ago
T+20d
-1.59%
call -1.59% · α -7.06%
$89.40
settled 5mo ago
T+60d
+11.85%
call +11.85% · α +8.13%
$101.61
settled 3mo ago
Price Chart
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Executive Summary
Two insider sales at Charles Schwab totaling $10.23M, but this represents less than 0.01% of the company's $160.6B market cap, making it a trivial event with no material significance.
Key Financial Metrics
Direction
selling
Total Value
$10.2M
Insiders
2
Key Facts
- Charles R. Schwab (Co-Chairman) sold 109,300 shares on 2026-05-04 at ~$91.50 for $10.00M
- Frank C. Herringer (Director) sold 2,500 shares on 2026-04-28 at $90.60 for $228K
- Total insider sales of $10.23M represent ~0.006% of Schwab's $160.6B market cap
- Additional sales by Charles Schwab in the prior week (4/30-5/1) total ~$9.64M, but combined still immaterial
Financial Impact
Insider sales of $10.23M, less than 0.01% of market cap
Market Snapshot
Exchange
NYSE
Sector
Security Brokers, Dealers & Flotation Companies
Analyst Consensus
86% bullish (28 analysts)
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SCHW-1778103706101 |
56 reports for SCHW
100% Hit rate @ T+20 Went positive at some point 3 of 4 best @ T+20▲ +5.84%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 8-K | $91.96 | awaiting T+20 | — | $89.73 (−2.42%) |
Oct 12, 2026 14d ago | ANALYST-UPGRADE | $97.06 | awaiting T+20 | — | $89.73 (−7.55%) |
Oct 2, 2026 24d ago | ANALYST-UPGRADE | $96.70 | awaiting T+20 | — | $89.73 (−7.21%) |
Sep 2, 2026 7w ago | Insider Cluster | $110.38 $96.70 | ▼ −12.39% | ▼ −11.21% | $89.73 (−18.71%) |
Aug 31, 2026 8w ago | Insider Cluster | $108.28 $97.74 | ▼ −9.73% | ▼ −10.05% | $89.73 (−17.13%) |
Aug 31, 2026 8w ago | Insider Cluster | $108.28 $97.74 | ▼ −9.73% | ▼ −10.05% | $89.73 (−17.13%) |
Aug 27, 2026 8w ago | Insider Cluster | $110.16 $98.30 | ▼ −10.77% | ▼ −11.03% | $89.73 (−18.55%) |
Aug 27, 2026 8w ago | Insider Cluster | $110.16 $98.30 | ▼ −10.77% | ▼ −11.03% | $89.73 (−18.55%) |
Aug 26, 2026 8w ago | Insider Cluster | $108.05 $99.49 | ▼ −7.92% | ▼ −7.41% | $89.73 (−16.96%) |
Aug 18, 2026 9w ago | Insider Cluster | $110.88 $107.79 | ▼ −2.79% | ▼ −1.27% | $89.73 (−19.07%) |
Showing 10 of 56
US Market Status
Market Closed — Opens in 7h 26m
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