SCHW - Schwab Charles Corp

Insider Sale by Woolway Paul V (MD, Chief Banking Officer)

1 Month
After Trade
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Trade Summary

3 days ago, Woolway Paul V, serving as MD, Chief Banking Officer at Schwab Charles Corp (SCHW), sold 15,883 shares at $99.00 per share, for a total transaction value of $1,572,479.00. Following this transaction, Woolway Paul V now holds 65,593 shares of SCHW.

This sale represents a 19.00% decrease in Woolway Paul V's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, April 14, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, April 16, 2026, 2 days after the trade was made.

Schwab Charles Corp operates in the FINANCIAL SERVICES sector, specifically within the CAPITAL MARKETS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Woolway Paul V

MD, Chief Banking Officer

Paul V. Woolway is a Managing Director and Chief Banking Officer at Charles Schwab, responsible for the overall management of Schwab's Banking and Trust Services enterprise, including strategy, product management, credit, and regulatory oversight[[1]](https://www.aboutschwab.com/paul-woolway). He serves as chief executive officer and board member for Schwab's three affiliate state savings banks and as chairman of the firm's two trust companies[[1]](https://www.aboutschwab.com/paul-woolway). Woolway has spent his entire career in the financial services sector, holding senior executive positions since 2000, and previously served as Senior Executive Vice President and Chief Administrative Officer at Bank of the West, where he oversaw operations, information technology, human resources, marketing, and corporate development[[1]](https://www.aboutschwab.com/paul-woolway). Before that, he spent 10 years as a financial services industry consultant with Arthur Andersen/Accenture and KPMG, providing strategic and operational consulting to major financial institutions worldwide[[1]](https://www.aboutschwab.com/paul-woolway). Woolway holds a degree in accounting from Loyola Marymount University and is a Certified Public Accountant in California[[1]](https://www.aboutschwab.com/paul-woolway). He has been with Charles Schwab for more than 16 years[[4]](https://www.tipranks.com/news/the-fly/charles-schwab-bank-ceo-paul-woolway-to-retire-on-july-1-thefly) and is scheduled to retire on July 1, 2026[[2]](https://www.bankingdive.com/news/charles-schwab-bank-ceo-paul-woolway-retire-tyler-woulfe/811079/)[[4]](https://www.tipranks.com/news/the-fly/charles-schwab-bank-ceo-paul-woolway-to-retire-on-july-1-thefly). As of March 2026, Woolway directly owns 25,153 shares of Schwab common stock, with additional shares held through trusts and other arrangements[[3]](https://www.investing.com/news/insider-trading-news/woolway-schwab-chief-banking-officer-sells-305k-in-schw-stock-93CH-4223227).

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Trade Price

$99.00

Quantity

15,883

Total Value

$1,572,479.00

Shares Owned

65,593

Trade Date

Tuesday, April 14, 2026

3 days ago

SEC Filing Date

Thursday, April 16, 2026

Filed 2 days after trade

FINANCIAL SERVICESCAPITAL MARKETS

About Schwab Charles Corp

Company Overview

No company information available
View news mentioning SCHW

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