SCHW SCHWAB CHARLES CORP
Price Chart
Executive Summary
Co-Chairman Charles Schwab sold $2.54M in open-market shares one day after the company filed a debt offering prospectus. A director also sold $228K after exercising options. Total sales of ~$2.77M represent ~0.002% of SCHW's $158B market cap — trivial in proportion. The debt offering is routine for a large financial institution.
Key Financial Metrics
Actionable Insight
This cluster is routine in size and seniority. The Co-Chairman's sale is small relative to his holding and the company's market cap. The debt offering is standard for Schwab. No actionable signal — monitor for larger insider sales or changes in earnings guidance.
Key Facts
- Co-Chairman Charles R. Schwab sold 27,500 shares at $92.40 ($2.54M) on 2026-05-18, one day after the debt offering filing.
- Director Arun Sarin sold 2,500 shares at $91.16 ($228K) on 2026-05/13, following derivative exercises.
- Total cluster value of $2.77M is ~0.002% of $2.77M vs. $158.1B market cap = ~0.002% — well below the 0.1% materiality threshold.
- Charles Schwab also made a $0 gift of 5,300 shares on 05/15 (non-economic).
- The 424B5 debt offering filed 05/18 is routine senior note issuance for general corporate purposes by a well-capitalized financial firm.
Financial Impact
Insider sales total ~$2.77M, trivial relative to $158B market cap.
Risk Factors
- Insider selling may increase if the debt offering signals upcoming capital needs or spread compression
- Multiple context amplifiers (cluster+trade cluster+offering cluster+press) are statistically significant but are non-economic at this scale
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SCHW-1779154431895 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 31, 2026
9d ago
|
ANALYST-UPGRADE
| $88.19 $88.96 | ▲ +0.87% | ▲ +0.35% | $88.08 (−0.12%) |
|
May 21, 2026
20d ago
|
Insider Cluster
| $90.39 $87.34 | ▼ −3.37% | ▼ −5.22% | $88.08 (−2.55%) |
|
May 19, 2026
22d ago
|
Insider Cluster
| $91.81 $85.54 | ▼ −6.83% | ▼ −9.13% | $88.08 (−4.06%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $92.10 $91.11 | ▼ −1.08% | ▼ −2.25% | $88.08 (−4.36%) |
|
May 1, 2026
5w ago
|
ANALYST-UPGRADE
| $88.19 $88.96 | ▲ +0.87% | ▲ +0.35% | $88.08 (−0.12%) |
|
Apr 28, 2026
6w ago
|
Insider Cluster
| $90.85 $92.37 | ▲ +1.67% | ▼ −0.02% | $88.08 (−3.04%) |
|
Apr 28, 2026
6w ago
|
Insider Cluster
| $90.85 $91.48 | ▲ +0.70% | ▼ −0.99% | $88.08 (−3.04%) |
|
Apr 27, 2026
6w ago
|
Insider Cluster
| $90.76 $91.43 | ▲ +0.74% | ▲ +0.34% | $88.08 (−2.95%) |
|
Apr 14, 2026
8w ago
|
Insider Cluster
| $98.37 $91.95 | ▼ −6.53% | ▼ −7.92% | $88.08 (−10.46%) |
|
Apr 14, 2026
8w ago
|
Insider Cluster
| $98.37 $91.95 | ▼ −6.53% | ▼ −7.92% | $88.08 (−10.46%) |
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.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access