Charles Schwab (SCHW) insider buying and selling
Every Table I transaction reported by directors and officers of S&P 500 companies on SEC Form 4 filings (2 business days to file): each row labeled with its official transaction code, nothing filtered out beforehand.
Open-market purchases (code P) are the rare signal, in green; sales (code S) are common and often pre-scheduled (10b5-1). Table II (derivatives) is not included: its prices are exercise prices, not market values. Guide: insider buying.
| Date | Ticker | Insider | Role | Shares | Price | Amount | % of stake | Type / filing |
|---|
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The Charles Schwab Corporation (SCHW) insider buying and selling: 1 purchase, 88 sales
181 Form 4 Table I transactions filed with the SEC by The Charles Schwab Corporation insiders between 2025-08-27 and 2026-10-05 (15-month history): 1 open-market purchase and 88 sales, plus 92 transactions under other Form 4 codes, broken down one by one below. The largest open-market trade is a sale of $20.0M by Bettinger Walter W on 2026-07-27.
Charles Schwab insider buying and selling over the last 12 months
Between Oct 21, 2025 and Oct 20, 2026, Charles Schwab insiders filed 1 purchase worth $1.8M and 78 sales worth $334.5M on the open market. The net balance is on the sell side: $332.7M more sold than bought.
The biggest buyer was Wurster Richard A (President & CEO): $1.8M in 1 purchase, the only buyer. The biggest seller was Schwab Charles R. (Co-Chairman): $185.8M in 26 sales, out of 15 different sellers.
The largest trade of the period was a sale of $20.0M on Jul 27, 2026, by Bettinger Walter W (Co-Chairman). Form 4 on sec.gov (0001296479-26-000009).
Of the 78 sales, 29 (37%, $35.2M) carry the 10b5-1 plan flag on the Form 4, meaning they were scheduled months ahead; the other 49 do not.
The last three months show 0 purchases and 31 sales, against 1 and 16 in the three before. The latest purchase is from May 28, 2026; the latest sale from Oct 1, 2026.
Against its sector (Financial Services, 70 companies with an insider page on this site), over the same dates the median is 10 sales and 0 purchases on the open market. Charles Schwab has more sales than 68 of the other 69, ranks 2 of 70 by net dollars sold, and 32 of the 70 have at least one purchase, Charles Schwab included.
The 20 most important trades
The only open-market purchase first, then the rest, each type from largest to smallest. The full history is in the tool above, already searched.
See all 181 SCHW trades in the full history →
| Trade date | Filed | Insider | Role | Amount | Code | Filing |
|---|---|---|---|---|---|---|
| 2026-05-28 | 2026-05-28 | Wurster Richard A | President & CEO | $1.8M | P — Open-market purchaseForm 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $84.04 to $84.51. The price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-07-27 | 2026-07-29 | Bettinger Walter W | Co-Chairman | $20.0M | S — Open-market sale Indirect holding, through: by Family Trust Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $103.61 to $104.27. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-08-24 | 2026-08-26 | Bettinger Walter W | Co-Chairman | $20.0M | S — Open-market sale Indirect holding, through: by Family Trust 2 Form 4 footnotesF2 This transaction was executed in multiple trades at prices ranging from $113.345 to $113.615. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 Reflects the transfer of 81,014 shares from direct holding to a revocable trust. | SEC |
| 2026-02-03 | 2026-02-05 | Bettinger Walter W | Co-Chairman | $16.9M | S — Open-market sale Indirect holding, through: by Family Trust 2 Form 4 footnotesF1 This transaction was executed in multiple trades at prices ranging from $103.17 to $104.16. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F2 This transaction was executed in multiple trades at prices ranging from $104.17 to $104.32. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-01-29 | 2026-02-02 | Schwab Charles R. | Co-Chairman | $15.0M | S — Open-market sale Indirect holding, through: by Trust Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $103.00 to $103.46. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-01-26 | 2026-01-28 | Schwab Charles R. | Co-Chairman | $13.9M | S — Open-market sale Indirect holding, through: by Trust 2 Form 4 footnotesF2 This transaction was executed in multiple trades at prices ranging from $102.77 to $103.49. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F1 Reflects the contribution of 134,895 shares received upon exercise of the option to a living trust. | SEC |
| 2026-02-09 | 2026-02-11 | Schwab Charles R. | Co-Chairman | $13.4M | S — Open-market sale Indirect holding, through: by Limited Partnership Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $106.365 to $106.92. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2025-08-27 | 2025-08-28 | Schwab Charles R. | Co-Chairman | $13.2M | S — Open-market sale Indirect holding, through: by Trust Form 4 footnoteF2 This transaction was executed in multiple trades at prices ranging from $96.895 to $97.245. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-08-24 | 2026-08-26 | Schwab Charles R. | Co-Chairman | $13.2M | S — Open-market sale Indirect holding, through: by Trust Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $112.77 to $113.65. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected. | SEC |
| 2025-08-26 | 2025-08-28 | Schwab Charles R. | Co-Chairman | $13.2M | S — Open-market sale Indirect holding, through: by Trust Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $96.44 to $96.92. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-07-29 | 2026-07-30 | Schwab Charles R. | Co-Chairman | $10.1M | S — Open-market sale Indirect holding, through: by Limited Partnership Form 4 footnoteF2 This transaction was executed in multiple trades at prices ranging from $105.315 to $106.13. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-05-06 | 2026-05-06 | Schwab Charles R. | Co-Chairman | $10.1M | S — Open-market sale Indirect holding, through: by Limited Partnership Form 4 footnoteF2 This transaction was executed in multiple trades at prices ranging from $91.625 to $92.26. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-08-03 | 2026-08-04 | Schwab Charles R. | Co-Chairman | $10.1M | S — Open-market sale Indirect holding, through: by Trust Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $105.05 to $105.97. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected. | SEC |
| 2026-02-03 | 2026-02-05 | Schwab Charles R. | Co-Chairman | $10.0M | S — Open-market sale Indirect holding, through: by Trust Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $103.50 to $104.30. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-05-04 | 2026-05-06 | Schwab Charles R. | Co-Chairman | $10.0M | S — Open-market sale Indirect holding, through: by Limited Partnership Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $91.50 to $91.545. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-02-04 | 2026-02-05 | Bettinger Walter W | Co-Chairman | $9.9M | S — Open-market sale Indirect holding, through: by Family Trust Form 4 footnoteF3 This transaction was executed in multiple trades at prices ranging from $104.25 to $104.28. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-07-28 | 2026-07-29 | Bettinger Walter W | Co-Chairman | $9.8M | S — Open-market sale Indirect holding, through: by Family Trust 3 Form 4 footnotesF2 This transaction was executed in multiple trades at prices ranging from $103.51 to $104.50. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F3 This transaction was executed in multiple trades at prices ranging from $104.51 to $105.50. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F4 This transaction was executed in multiple trades at prices ranging from $105.51 to $105.625. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-08-28 | 2026-08-31 | Bettinger Walter W | Co-Chairman | $8.3M | S — Open-market sale Indirect holding, through: by Family Trust Form 4 footnoteF1 This transaction was executed in multiple trades at prices ranging from $110.90 to $110.98. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected. | SEC |
| 2026-01-28 | 2026-01-28 | Schwab Charles R. | Co-Chairman | $7.4M | S — Open-market sale Indirect holding, through: by Trust 3 Form 4 footnotesF4 This transaction was executed in multiple trades at prices ranging from $103.09 to $103.39. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F3 Reflects the contribution of 44,962 shares received upon exercise of the option to a living trust. F5 This transaction was executed in multiple trades at prices ranging from $103.085 to $103.27. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-02-04 | 2026-02-05 | Schwab Charles R. | Co-Chairman | $7.1M | S — Open-market sale Indirect holding, through: by Trust Form 4 footnoteF2 This transaction was executed in multiple trades at prices ranging from $103.36 to $104.23. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | SEC |
The period balance: money in, money out
Across the Form 4 filings submitted between Aug 27, 2025 and Oct 5, 2026, The Charles Schwab Corporation open-market activity adds up to 1 purchase worth $1.8M and 88 sales worth $373.2M. The net balance is $371.3M on the sell side.
Only codes P and S count, where an insider puts in or takes out their own money. A selling balance like The Charles Schwab Corporation's is the norm in the S&P 500, where much of the pay comes as stock. It is not a recommendation to buy or sell: it is what was filed.
Every transaction, code by code
| Code | What it means | Trades | Reported amount |
|---|---|---|---|
| S | Open-market sale | 88 | $373.2M |
| M | Option exercise | 42 | $68.1M |
| G | Gift | 21 | $0 |
| A | Grant or award | 18 | $0 |
| F | Tax withholding (shares surrendered for taxes) | 11 | $13.3M |
| P | Open-market purchase | 1 | $1.8M |
| Total | Everything filed in the period | 181 | $456.5M |
39 of the 181 rows carry no usable amount on the Form 4: they count as trades and add $0. The code labels come from the SEC index.
Who has traded
Over the 15 months of history, 21 distinct people or entities have filed The Charles Schwab Corporation transactions: 1 bought on the open market and 15 sold. Counted by CIK, the fixed number the SEC gives each filer, and not by name, which each filer types their own way.
Of the 15 who sold on the open market (88 sales in all), the three biggest sellers account for $323.2M of the $373.2M: 87% of the money in three people.
| Filer | Role | Transactions | Bought (count) | Sold (count) | Last filed |
|---|---|---|---|---|---|
| Schwab Charles R. | Co-Chairman | 43 | — | $212.3M (28) | 2026-08-28 |
| Bettinger Walter W | Co-Chairman | 17 | — | $91.8M (7) | 2026-08-31 |
| Schwab-Pomerantz Carolyn | Director | 13 | — | $19.1M (9) | 2026-08-27 |
| Craig Jonathan M. | MD, Head of Retail Investing | 13 | — | $13.9M (6) | 2026-08-17 |
| Murtagh Nigel J | Chief Risk Officer | 14 | — | $11.5M (6) | 2026-08-10 |
| Howard Dennis | MD, Chief Tech, OPS & Data Off | 9 | — | $6.8M (4) | 2026-08-17 |
| Morgan Peter J. Iii | General Counsel | 7 | — | $6.4M (3) | 2026-07-27 |
| Woolway Paul V | MD, Chief Banking Officer | 14 | — | $4.3M (6) | 2026-04-16 |
Shown here are the 8 who moved the most money, out of 21. The rest are in the full history, one link above. The name links to all their trades, in any company. "Transactions" counts any code; the money, open market only. Role: from their latest filing.
Month by month
By the month the trade was executed, not the month it was filed; months with no trades show zero. The busiest month was Aug 2026: 0 purchases and 18 sales, worth $81.0M. 1 of the 15 months have none.
| Month | Purchases | Amount | Sales | Amount |
|---|---|---|---|---|
| Aug 2025 | 0 | $0 | 6 | $33.5M |
| Sep 2025 | 0 | $0 | 2 | $2.6M |
| Oct 2025 | 0 | $0 | 4 | $12.8M |
| Nov 2025 | 0 | $0 | 2 | $3.7M |
| Dec 2025 | 0 | $0 | 1 | $204k |
| Jan 2026 | 0 | $0 | 5 | $41.0M |
| Feb 2026 | 0 | $0 | 12 | $73.7M |
| Mar 2026 | 0 | $0 | 5 | $5.1M |
| Apr 2026 | 0 | $0 | 9 | $25.0M |
| May 2026 | 1 | $1.8M | 7 | $31.3M |
| Jun 2026 | 0 | $0 | 0 | $0 |
| Jul 2026 | 0 | $0 | 15 | $62.5M |
| Aug 2026 | 0 | $0 | 18 | $81.0M |
| Sep 2026 | 0 | $0 | 1 | $346k |
| Oct 2026 | 0 | $0 | 1 | $489k |
The last month may be partial: a Form 4 is filed up to two business days later. The table does not say whether the pattern is good or bad; it says when it happened.
The Charles Schwab Corporation (SCHW) analysis page →
Other Financial Services companies with insider trades
All 500 are listed in the section index →
Which insiders are buying their own company stock →
How to read this data
None of the 19 sales in the table is flagged as scheduled (10b5-1 plan), the kind signed months ahead and executed automatically. Charles Schwab's single open-market purchase (code P) is the rare signal: insiders are already paid in stock, so buying more means putting in their own money. The latest filing is from Oct 5, 2026, and a Form 4 arrives up to two business days after the trade.
20 of the 20 rows in the table carry footnotes from the Form 4 itself, folded into the code column and copied verbatim; a row with no footnote means the filing has none.
Guide: Insider buying · all guides
What is behind these trades
The concepts on this page, explained from scratch in the Academy. Free, no account.
- What the efficiency hypothesis says and what it does NOT sayIf an insider's purchase is public and anyone can read it, is there any information left in it? That is the exact question that brings people here.
- Who really moves the market: the types of investorWho sits on the other side of each order, and where a company's own insiders fit among them.
- Supply, demand and price: why it rises and falls constantlyHow a piece of news ends up inside the price, and why the reaction to a filed sale is rarely the one you would expect.
Source: SEC EDGAR Form 4. This is a list of public facts, not financial advice or a recommendation to buy or sell.