Charles Schwab MD Neesha Hathi sells $346k in stock

On September 1, 2026, Neesha Hathi, Senior Director at The Charles Schwab Corporation (SCHW), sold 3,177 shares of the company's stock. The share prices ranged from $108.51 to $109.50, with an average sale price of $109.0425 per share, resulting in a total sale price of approximately $346,428. The current stock price is $108.24, up about 14% over the past six months.

Ms. Hathi's sale was part of a Rule 10b5-1 trading plan she established on May 29, 2026. Simultaneously, she purchased 3,177 shares by exercising nonqualified stock options, valued at $165,362. These options were granted under the 2013 Stock Incentive Plan and became available in four yearly installments, starting from the grant date's first anniversary.

After the transactions, Ms. Hathi's beneficial ownership of the stock increased to 5,770 shares, held indirectly through a trust. Schwab is considered undervalued, with a GOOD financial health score. The company has paid dividends for 38 consecutive years. Investors can access Schwab’s Pro Research Report for further details. Lastly, Charles Schwab reported better-than-expected earnings, with adjusted earnings per share of $1.62, a 42% increase from the prior year.

Following the results, UBS raised its price target to $128 with a Buy rating, while Wolfe Research increased its target to $127 with an Outperform rating.