Charles R. Schwab, who serves as Co-Chairman of Charles Schwab Corporation (NYSE: SCHW), executed a sale of 145,650 shares of the company's common stock on January 29, 2026. The divestiture generated approximately $15 million, with a reported weighted average sale price of $103.1649 per share and an execution range between $103.00 and $103.46.
Following the January 29 transaction, Schwab's reported holdings remain substantial across multiple ownership vehicles. He directly holds 30,641,981 shares through a Limited Partnership and an additional 44,025 shares through 188 Corp. His spouse, acting as trustee, holds 9,509,797.33 shares. On an indirect basis via trust, he is reported to own 55,947,329 shares.
Separately, the company announced a 19% increase in its quarterly dividend, raising the payout to $0.32 per share from the previous $0.27. The dividend is scheduled to be paid on February 27, 2026, to shareholders of record as of February 13, 2026.
Charles Schwab Corporation also disclosed an upcoming leadership transition at its banking unit. Tyler Woulfe is set to succeed Paul Woolway as President and CEO of Charles Schwab Bank, with the change taking effect on July 1, 2026.
Analyst responses to the company's fourth-quarter results have been generally favorable. UBS raised its price target on Charles Schwab to $125 and maintained a Buy rating after fourth-quarter earnings met expectations, despite revenues coming in slightly below forecasts. Truist Securities increased its price target to $122, citing stronger net interest income while noting higher expected expenses. TD Cowen raised its price target to $138, pointing to a strong fourth-quarter performance and a positive outlook for 2026-2027. Collectively, these analyst updates indicate broadly positive sentiment among sell-side firms following the quarter.
The combined set of developments - an insider sale, a dividend increase, a bank leadership transition, and multiple upward price-target revisions - are notable events for stakeholders monitoring Charles Schwab Corporation. The company’s public disclosures record the transactions, dividend timetable, and executive succession plan referenced above.