Schwab chief risk officer Nigel Murtagh sells $2.9m in stock

Charles Schwab Chief Risk Officer Nigel Murtagh sold a total of $2.9 million worth of the company's stock in early August 2026, according to a Securities and Exchange Commission filing. Murtagh made two trades under a pre-arranged Rule 10b5-1 plan. On August 6, he sold 1,897 shares at prices between $109.00 and $109.0450, and on August 10, he disposed of an additional 24,778 shares at prices ranging from $109.00 to $109.04.

The total value of these sales came to $2,907,791, with the transaction prices nearing the stock's 52-week high of $109.32. The current trading price for Schwab's shares is $107.99. Despite selling these shares, Murtagh had acquired 26,675 additional shares through the exercise of nonqualified stock options prior to the sales. As of the recent filing, Murtagh directly holds 57,972.4846 shares of Charles Schwab, along with an indirect beneficial ownership of 2,621 shares through the Employee Stock Purchase Plan.

Analysts from UBS, Wolfe Research, and Piper Sandler have raised their price targets for Schwab, reflecting a positive outlook on the company's recent performance and future prospects.