Dennis Howard, MD and Chief Technology, Operations & Data Officer at Charles Schwab Corporation (NYSE: SCHW), sold a total of 10,108 shares of the company's common stock on March 3, 2026. The disposals were executed in two separate transactions and produced an aggregate transaction value of approximately $956,227.
The first block comprised 6,269 shares, transacted at prices ranging from $93.75 to $94.74. The second block consisted of 3,839 shares, with prices spanning $94.745 to $95.165. The two sales carried weighted average prices of $94.4316 and $94.8778, respectively.
According to records, the disposals were carried out pursuant to a Rule 10b5-1 trading plan that Howard adopted on November 25, 2025. After these sales, Howard retains direct ownership of 10,470 shares of Charles Schwab common stock.
At the time of reporting, Charles Schwab shares were trading at $95.41. The share price has risen by nearly 26% over the past year. InvestingPro analysis cited in company materials describes the stock as appearing undervalued at current levels and assigns Schwab a Piotroski Score of 9, a measure that indicates strong financial health in that scoring framework.
Additional corporate developments noted alongside the insider transaction include January inflows of $27.8 billion in core net new assets, bringing the firm's total client asset base to $12.15 trillion by month-end. That client asset total represents an 18% increase year-over-year and a 2% increase from December.
Charles Schwab also completed its acquisition of Forge Global Holdings, integrating Forge as a wholly owned subsidiary. Under the terms of the merger, each outstanding Forge share was converted into $45 in cash. Separately, the Charles Schwab Foundation announced a three-year, $1.5 million grant to Junior Achievement USA to expand Experiential Learning Centers nationwide, incorporating AI-powered tools into student experiences.
Looking ahead, Charles Schwab has scheduled an Institutional Investor Day for May 14, which will be made available via a live webcast.
Contextual note: The article references InvestingPro research and its Pro Research Reports covering Charles Schwab and more than 1,400 other U.S. equities.