Schwab CEO Wurster buys 21,959 shares at $84.23; holdings rise to 218.4K (+11.2%); stock down 20.6% from 52-week high
Richard A Wurster, President & CEO of Charles Schwab, purchased 21,959 shares at $84.23 on 2026-05-28, increasing his post-transaction holdings to 218.4K shares and representing an 11.2% increase from his prior 196.4K-share position. The purchase occurred as SCHW traded 20.6% below its 52-week high of $107.50 and off 6.0% over the prior 30 days, suggesting the transaction coincided with a period of share price weakness. Wurster's track record at this ticker shows 2 of 3 prior trades were well-timed at the 90-day mark, including a buy on 2024-07-17 that returned 16.0% over 90 days; his cross-ticker buy history also shows consistent positive 90-day returns (100% win rate, average +16.0%). The company's fundamentals remain solid with $6.5B in latest quarterly revenue, $2.5B net income, and annual revenue growth of 22.0%, though the P/E of 15.75 and the degree of recent price decline warrant attention to what prompted an insider purchase at this juncture.