Insider sales at this scale are routine and non-informative for a mega-cap like Schwab. Monitor for any upcoming earnings or regulatory filings that could provide context, but this cluster alone does not warrant a trading response.
Price Chart
Executive Summary
Three insiders at Charles Schwab executed open-market sales totaling $34.24M in a 7-day window, led by Co-Chairmen Bettinger ($20.0M) and Schwab ($13.24M), plus a director sale. The total represents ~0.018% of market cap, which is trivial for a $186.9B firm, and the sales are likely liquidity-driven following derivative exercises by Bettinger. No material bearish signal from this cluster given the proportionality and the non-informative nature of insider sales at this scale.
Key Financial Metrics
Key Facts
- Co-Chairman Walter Bettinger sold 176,210 shares for $20.0M after exercising derivatives
- Co-Chairman Charles Schwab sold 117,000 shares for $13.24M
- Director Carolyn Schwab-Pomerantz sold 9,175 shares for $1.0M
- Total open-market sales of $34.24M represent ~0.018% of Schwab's $186.9B market cap
- Bettinger's derivative exercise of 176,210 shares at $46.81 was a non-cash event paired with an immediate sale
- Charles Schwab also gifted 9,300 shares (non-cash) on Aug 27
Financial Impact
Total insider sales of $34.24M, or 0.018% of market cap — immaterial relative to company size
Risk Factors
- Insider sales could accelerate if the stock continues to trade near $113, but no pattern of systematic selling is evident
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SCHW-1787954488243 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Insider Cluster | $110.38 $107.25 | ▼ −2.84% | ▼ −1.69% | $98.37 (−10.88%) |
Aug 31, 2026 4w ago | Insider Cluster | $108.28 $106.54 | ▼ −1.61% | ▼ −1.69% | $98.37 (−9.15%) |
Aug 31, 2026 4w ago | Insider Cluster | $108.28 $106.54 | ▼ −1.61% | ▼ −1.69% | $98.37 (−9.15%) |
Aug 27, 2026 5w ago | Insider Cluster | $110.16 $109.29 | ▼ −0.79% | ▼ −0.90% | $98.37 (−10.70%) |
Aug 27, 2026 5w ago | Insider Cluster | $110.16 $109.29 | ▼ −0.79% | ▼ −0.90% | $98.37 (−10.70%) |
Aug 26, 2026 5w ago | Insider Cluster | $108.05 $110.38 | ▲ +2.16% | ▲ +1.89% | $98.37 (−8.96%) |
Aug 18, 2026 6w ago | Insider Cluster | $110.88 $109.39 | ▼ −1.34% | ▼ −0.96% | $98.37 (−11.28%) |
Aug 18, 2026 6w ago | Insider Cluster | $110.88 $109.39 | ▲ +1.34% | ▲ +0.96% | $98.37 (+11.28%) |
Aug 17, 2026 6w ago | Insider Cluster | $111.68 $112.27 | ▼ −0.53% | ▼ −0.73% | $98.37 (+11.92%) |
Aug 14, 2026 7w ago | Insider Cluster | $111.09 $112.30 | ▲ +1.09% | ▲ +2.46% | $98.37 (−11.45%) |
US Market Status
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