Charles Schwab MD Neesha Hathi sells $343,497 in stock
Neesha Hathi, the Managing Director, Head of Wealth Advice, Banking, and Trust at Charles Schwab Corp., sold 3,177 shares of common stock worth $343,497 on August 28, 2026. The sale was made under a Rule 10b5-1 trading plan, with shares traded between $107.805 and $108.725 per share. Hathi had previously acquired the same amount of shares by exercising nonqualified stock options worth $165,362, which were granted under the company's 2013 Stock Incentive Plan and vested over four years.
Prior to the sale, these shares were held in a trust. Recently, Charles Schwab reported strong quarterly earnings, with adjusted earnings per share of $1.62, up 42% year-over-year, outperforming expectations. Analysts have also raised their price targets for the company, with UBS setting a $128 target and Wolfe Research at $127. Furthermore, the company issued $2.6 billion in senior notes with maturities in 2032 and 2037.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
