This cluster is routine and lacks informational content. Monitor for any upcoming earnings or material corporate events, but the insider sales alone do not warrant a trading response. The stock's 86% bullish analyst consensus and strong institutional ownership (BlackRock $12.4B, Vanguard $9.9B) suggest no near-term catalyst from this filing.
Price Chart
Executive Summary
A cluster of insider sales at Charles Schwab totaling $34.6M was filed over a 7-day window, led by Co-Chairmen Walter Bettinger ($20M) and Charles Schwab ($13.2M). At 0.018% of the $190.5B market cap, the sales are trivial in proportion and consistent with routine portfolio diversification or pre-planned 10b5-1 programs. No material signal for the stock.
Key Financial Metrics
Key Facts
- Total open-market sales of $34.6M by 4 insiders over 7 days
- Co-Chairman Walter Bettinger sold 176.2K shares at $113.49 ($20.0M)
- Co-Chairman Charles Schwab sold 117.0K shares at $113.20 ($13.2M)
- Director Carolyn Schwab-Pomerantz sold 9.2K shares at $109.25 ($1.0M)
- MD Neesha Hathi sold 3.2K shares at $108.12 ($343K) and exercised non-cash derivatives
- Charles Schwab also gifted 9.3K shares (non-cash, $0 value)
- Sales represent 0.018% of $190.5B market cap — immaterial
Financial Impact
Total insider sales of $34.6M are 0.018% of market cap, well below the 0.1% threshold for materiality. No economic impact.
Risk Factors
- No material risk from this cluster; sales are trivial relative to market cap
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-1788215455305 |
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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