SCHWAB CHARLES CORP 4
0001296479-26-000014
View on SEC EDGARWalter W. Bettinger, Co‑Chairman of Charles Schwab Corp., exercised options for 74,388 shares at $46.81 and sold 74,388 Schwab (SCHW) common shares at about $110.91 per share via his family trust.
On August 28, 2026, Walter W. Bettinger, Co‑Chairman of Charles Schwab Corp., exercised a nonqualified stock option for 74,388 shares of common stock at $46.81 per share through his family trust and immediately sold the same 74,388 shares at a weighted average price of $110.9137 per share in a multiple‑trade transaction, converting an in‑the‑money option into realized cash while maintaining a substantial indirect ownership position. Following these transactions, his indirect holdings through various vehicles, including a family trust, ESOP, ESPP, and spouse‑related accounts, totaled approximately 705, 659 shares of Schwab common stock, with an estimated market value of about $77.5 million based on the recent price of $109.79, indicating that this Form 4 reflects a typical option exercise-and-sale for liquidity or diversification rather than a significant change in overall exposure.
Filing Facts
- CIK
- 316709
- Ticker
- SCHW
- Form
- 4
- Source Type
- sec
- Accession
- 0001296479-26-000014
- Alert Tier
- 7