Insider Cluster (7 insiders) ·Filed Jul 31, 2026

SCHW

SCHWAB CHARLES CORP
NEUTRAL
Impact 2/10
Horizonimmediate Processed2mo ago
Insider cluster: 7 insiders, $14.5M total
Actionable Insight • Neutral

The insider selling cluster is too small in dollar terms to convey a meaningful signal. Monitor for any upcoming earnings or material events, but this filing alone does not warrant a trading action.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d ⚠ clustered
SCHW ▲ +4.67% at T+20d
NEUTRAL call ✓ call won +4.67% · α vs SPY +1.69% · entry $105.24 → $110.16
Next anchor: T+60d in 21d
Latest observation: T+43 -18.09% FF3 residual α
Entry anchored
Jul 30, 03:59 PM ET
via exchange tick
T+1d
+0.52%
call +0.52% · α -0.89%
$105.79
settled 2mo ago
T+5d
+2.24%
call +2.24% · α -1.27%
$107.60
settled 8w ago
T+20d
+4.67%
call +4.67% · α +1.69%
$110.16
settled 5w ago
T+60d
—
call — · α —
—
in 21d

Price Chart

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Executive Summary

A cluster of 7 Schwab insiders sold $14.52M in open-market shares over a week, but this represents only ~0.008% of the company's $181.7B market cap. Most sales coincided with option exercises, suggesting routine tax or diversification planning rather than a bearish signal. The cluster is not material.

Key Financial Metrics

Direction
selling
Total Value
$14.5M
Insiders
7

Key Facts

  • 7 insiders sold a total of $14.52M in open-market shares
  • Total sales represent ~0.008% of Schwab's $181.7B market cap
  • Multiple sales were paired with option exercises (Bettinger, Howard, Murtagh), indicating pre-planned transactions
  • Co-Chairmen Bettinger and Schwab Charles R. were among the sellers, but dollar amounts are trivial relative to market cap

Financial Impact

$14.52M in open-market insider sales, approximately 0.008% of market capitalization

insider_sales

Risk Factors

  • No material risk identified from this cluster

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.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SCHW-1785458070584
53 reports for SCHW
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +5.84%Aug 17, 2026
Filters
Rows
Reports for SCHW — sortable, filterable
TypeNow
Sep 3, 2026
29d ago
Insider Cluster
NEUTRAL ★ 2/10
$110.38 $107.25▼ −2.84%▼ −1.69%$97.74 (−11.46%)
Aug 31, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$108.28 $106.54▼ −1.61%▼ −1.69%$97.74 (−9.74%)
Aug 31, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$108.28 $106.54▼ −1.61%▼ −1.69%$97.74 (−9.74%)
Aug 27, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$110.16 $109.29▼ −0.79%▼ −0.90%$97.74 (−11.28%)
Aug 27, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$110.16 $109.29▼ −0.79%▼ −0.90%$97.74 (−11.28%)
Aug 26, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$108.05 $110.38▲ +2.16%▲ +1.89%$97.74 (−9.55%)
Aug 18, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$110.88 $109.39▼ −1.34%▼ −0.96%$97.74 (−11.86%)
Aug 18, 2026
6w ago
Insider Cluster
BEARISH ★ 4/10
$110.88 $109.39▲ +1.34%▲ +0.96%$97.74 (+11.86%)
Aug 17, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$111.68 $112.27▼ −0.53%▼ −0.73%$97.74 (+12.49%)
Aug 14, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$111.09 $112.30▲ +1.09%▲ +2.46%$97.74 (−12.02%)
Showing 10 of 53

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Report published Jul 31, 2026