Charles R. Schwab, co-chairman, sells $5.02m in SCHW shares

Charles R. Schwab, Co-Chairman of SCHWAB CHARLES CORP (NASDAQ:SCHW), sold 46,410 shares of the company's common stock on August 12, 2026, for a total value of $5,020,448. The transaction spanned a range of prices from $108.02 to $108.35, with an average price of $108.176 per share. Despite the stock trading at $110.06, just 1% below its 52-week high of $110.20, following a strong 18% gain over the past six months, Schwab continues to hold a substantial beneficial interest in the company, including shares held indirectly by various entities and his spouse as trustee.

SCHW is currently considered undervalued by InvestingPro analysis, with a Fair Value above its current market price. Meanwhile, in other news, Charles Schwab Corporation reported strong quarterly earnings, with adjusted earnings per share reaching $1.62, marking a 42% increase year-over-year.

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