$SCHW

Beatty Jonathan S sold $208K of SCHW (indirect holdings)

Beatty Jonathan S (MD, Head of Advisor Services) sold 2,000 indirectly-held shares of SCHWAB CHARLES CORP (SCHW) at $104.21 ($0.21M total) on 2026-07-21 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Beatty Jonathan S
Published Jul 21, 2026, 10:54 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jul 21, 2026, 10:57 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$SCHW
Neutral
high confidence
Mentioned
$SCHW
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SCHWNeutralLow
01

Why it matters

The disclosure updates SCHW insider-trading records but does not provide new operational, financial, or regulatory information.

02

Market read

Traders may note the sale for completeness, but it is unlikely to drive price action given the 10b5-1 pre-arrangement.

03

What to watch

Indirect holdings and 10b5-1 structure reduce interpretability; without additional context (e.g., multiple concurrent sales, changes in plan size), the trading signal is weak.

Relevance 3/10Novelty 2/10Timing: Filed 2026-07-21, after-hours SEC disclosure

Background

SEC Form 4 reports an officer’s transaction in SCHW shares, including whether it was executed under a pre-arranged 10b5-1 plan.

Company-level read

Ticker impact

$SCHWNeutralHigh confidence
Context

Charles Schwab Form 4 shows Beatty Jonathan S sold 2,000 shares on 2026-07-21 under a pre-arranged 10b5-1 plan.

Expected impact

Likely negligible near-term impact; any effect is typically limited because the sale is under a 10b5-1 plan.

Evidence & confidence

The filing is a Form 4 open-market sale by an officer with an explicitly pre-arranged 10b5-1 plan, providing limited signal about company prospects.

Market effects

No sector read-through; this is a single-company insider transaction.

None indicated.

None indicated.

Counterpoint

Even 10b5-1 sales can coincide with personal liquidity needs, but they are not strong enough to infer bearish fundamentals from this filing alone.

Key entities

  • SCHW

    Charles Schwab Corporation, the subject of the Form 4 insider transaction.

  • Beatty Jonathan S

    MD, Head of Advisor Services, reported an indirect open-market sale of SCHW shares.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$METAMed

Meta’s Muse Drags Down Stocks That Depend on ‘Consumer Inertia’

Shares of banks, insurers, and travel agencies fell as investors worry about Meta's AI agent, Muse, disrupting industries reliant on consumer inertia. Meta's stock rose 11% on Monday. Affected companies include JPMorgan, Morgan Stanley, Allstate, Charles Schwab, Expedia, and Booking Holdings. Goldman Sachs identifies telecoms, insurance, and utilities as sectors at risk.

$METAMed

Meta’s Muse splits Wall Street into winners and losers

Meta's AI app Muse, led by Alexandr Wang, became the top free app on U.S. and Canadian app stores, with 2.8M downloads in two weeks. Investors fear it may disrupt sectors like financials and travel. Meta's stock rose 13%, while financials and travel stocks fell. Shopify and PayPal also gained after partnering with Muse.

$SCHWMed

Meta's Muse reignites AI disruption fears. Traders are targeting this brokerage stock as next casualty

Meta's new AI product, Muse, has caused market turbulence, with Charles Schwab's shares falling 6% and LPL Financial Holdings down 7%. Robinhood's stock rose, reaching a new year-to-date high. Analysts suggest AI disruption may impact traditional brokerage services, with Schwab's low-yielding sweep cash seen as vulnerable. Meta's AI assistant does not trade or give financial advice but can track investments and analyze portfolios.

$JPMMed

Bank Stocks Tumble as New AI Fears Surface: JPM, BAC, C

Shares of JPMorgan Chase (JPM), Bank of America (BAC), and Citigroup (C) fell 2% to 3% due to concerns that AI advancements may disrupt the banking sector. The selloff followed Meta Platform's unveiling of its AI agent, Muse. Brokerages Charles Schwab (SCHW) and LPL Financial (LPLA) also declined over 5% on similar fears. JPM has a Moderate Buy rating with a $378.67 average price target, implying 9% upside.

$SCHWMed

Why is Charles Schwab stock sliding today?

Charles Schwab (SCHW) stock fell 5.3% to $101.18, hitting a session low of $99.30, due to market reaction to the Fed's rate hike and hawkish guidance, along with concerns about deposit dynamics and sector-wide financial stock declines. The stock is now 12% below its 52-week high of $114.53.