This cluster is routine and non-informative. No trading action is warranted. Monitor for any material corporate developments (earnings, M&A, regulatory changes) that could justify a reassessment, but the insider activity alone does not signal a change in outlook.
Price Chart
Executive Summary
Three Schwab insiders sold a total of $9.6M in shares over a 7-day window, including Co-Chairman Bettinger's $8.25M sale following option exercises. However, this represents only ~0.005% of Schwab's $187B market cap — a trivial amount. Insider sales at this scale are routine and carry no meaningful signal, especially when tied to derivative exercises and typical diversification.
Key Financial Metrics
Key Facts
- 3 insiders sold shares totaling $9.60M over 7 days (Aug 25 – Sep 1, 2026)
- Co-Chairman Walter Bettinger sold 74,388 shares at $110.91 for $8.25M after exercising options
- Total sales equal ~0.005% of Schwab's $187.2B market cap — well below the 0.1% materiality threshold
- No open-market purchases were reported in the cluster
- All sales were accompanied by derivative exercises (non-cash events)
Financial Impact
Total insider sales of $9.6M represent ~0.005% of market cap — economically negligible
Risk Factors
- Insider sales at this scale are not predictive of stock movement; no material risk identified
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-1788397497654 |
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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