The sales are modest in absolute terms and negligible relative to market cap. No immediate concern, but monitor for continued selling if near-term earnings or macro risks emerge.
Price Chart
Executive Summary
A cluster of insider transactions at Charles Schwab Corp includes two open-market sales totaling $1.23 million and one non-cash share award. The sales were conducted by senior executives, including the Head of Advisor Services and another executive, while the grant was a routine non-cash compensation event.
Key Financial Metrics
Key Facts
- General Counsel Morgan Peter J. III was granted 11,263 shares at $0 (non-cash, value $0)
- MD Jonathan S. Beatty sold 2,030 shares at $95.30 for $193,454 in an open-market transaction
- Stephen A. Ellis sold 10,725 shares at $96.57 for $1,035,694 in an open-market transaction
- Total open-market sale value: $1.23 million
- Total value represents 0.0007% of $167.3B market cap — well below 0.1% threshold for materiality
Financial Impact
$1.23 million in open-market sales, 0.0007% of market cap
Risk Factors
- Perception of insider profit-taking ahead of earnings or market volatility
- Lack of buying activity in the cluster — no offsetting open-market purchases
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-SCHW-1772588400858 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | 8-K | $91.96 | awaiting T+20 | — | $89.30 (−2.89%) |
Oct 12, 2026 15d ago | ANALYST-UPGRADE | $97.06 | awaiting T+20 | — | $89.30 (−8.00%) |
Oct 2, 2026 25d ago | ANALYST-UPGRADE | $96.70 | awaiting T+20 | — | $89.30 (−7.65%) |
Sep 2, 2026 7w ago | Insider Cluster | $110.38 $96.70 | ▼ −12.39% | ▼ −11.21% | $89.30 (−19.10%) |
Aug 31, 2026 8w ago | Insider Cluster | $108.28 $97.74 | ▼ −9.73% | ▼ −10.05% | $89.30 (−17.53%) |
Aug 31, 2026 8w ago | Insider Cluster | $108.28 $97.74 | ▼ −9.73% | ▼ −10.05% | $89.30 (−17.53%) |
Aug 27, 2026 8w ago | Insider Cluster | $110.16 $98.30 | ▼ −10.77% | ▼ −11.03% | $89.30 (−18.94%) |
Aug 27, 2026 8w ago | Insider Cluster | $110.16 $98.30 | ▼ −10.77% | ▼ −11.03% | $89.30 (−18.94%) |
Aug 26, 2026 8w ago | Insider Cluster | $108.05 $99.49 | ▼ −7.92% | ▼ −7.41% | $89.30 (−17.35%) |
Aug 18, 2026 10w ago | Insider Cluster | $110.88 $107.79 | ▼ −2.79% | ▼ −1.27% | $89.30 (−19.46%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers