Jonathan M. Craig, Managing Director and Head of Retail Investing at Charles Schwab Corp. (NYSE:SCHW), sold 21,750 shares of the company’s common stock on July 7, 2026, for a total value of approximately $2,218,721. The shares were sold at prices ranging from $102.00 to $102.10 per share, with a weighted average sale price of $102.0102. The sale comes as Schwab stock trades near $101.91, close to its 52-week high of $107.50, with shares delivering an 11% return over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels, with a PEG ratio of just 0.37 suggesting attractive growth potential relative to its P/E ratio of 20.31.
The sale was executed indirectly through a trust and was part of a Rule 10b5-1 trading plan, which Mr. Craig adopted on November 11, 2025.
Prior to the sale, Mr. Craig acquired the same number of common stock shares, 21,750, through the exercise of nonqualified stock options. These options were exercised at a price of $46.81 per share, totaling $1,018,117. The shares received from this option exercise were then contributed to a revocable trust, which subsequently executed the sale. The options were granted under the company’s 2013 Stock Incentive Plan and vested in four equal annual installments.
Following these transactions, Mr. Craig directly holds 43,616 nonqualified stock options. For deeper insights into Schwab’s valuation and executive activity, investors can access the comprehensive Pro Research Report, available for this and 1,400+ US equities on InvestingPro.Charles SchwabFollowAnalyze SCHWIncluded in our AI-picked strategies·Review strategies101.91▲+0.21(+0.21%)Closed·15:59:59·USD101.89▼-0.02(-0.02%)After Hours·19:49:541D1W6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:00101102103Analyze SCHW
In other recent news, Charles Schwab Corporation announced a notable increase in total client assets, reaching $13.14 trillion at the end of May, marking a 27% rise from May 2025 and a 4% rise from April. The company also reported a significant boost in core net new assets, which hit $49.9 billion, a 43% increase compared to the previous year. Additionally, Schwab opened 461,000 new brokerage accounts in May, a 37% year-over-year growth. In a move to enhance client offerings, Schwab Asset Management has reduced the operating expense ratios for four of its equity index exchange-traded funds. The fee reductions apply to the Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab International Small-Cap Equity ETF, and Schwab Emerging Markets Equity ETF. Furthermore, Schwab’s May activity report revealed that margin loan balances nearly doubled, aiding a 20% increase in sweep cash, which is anticipated to bolster spread income growth. The company also received its 2026 Comprehensive Capital Analysis and Review results from the Federal Reserve, maintaining a stress capital buffer of 2.5%. Meanwhile, several brokerage platforms, including Coinbase Global Inc, eToro Group Ltd, and Robinhood Markets Inc, have introduced AI-powered trading tools that automate trade recommendations and portfolio management.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is now the time to buy SCHW?ProPicks AI evaluates SCHW every month against thousands of alternatives using 100+ financial metrics.It found Siemens Energy (+231.5%) and Sandisk (+189%) before the crowd did. Could SCHW be next—or is there a better opportunity in the same space?Don't wait to find out.July Sale - 60% Off InvestingPro