Bettinger Walter W

Co-Chairman Bettinger sells 67,514 SCHW shares at $104.25 (worth $7.0M), reducing holdings by 11.3% to 529,346 shares

Walter W Bettinger, Co-Chairman of Charles Schwab, sold 67,514 shares at $104.25 on 2026-02-06, reducing his holdings from 596,860 shares to 529,346 shares. This represents an 11.3% reduction in his position, a material trimming of his stake in the company. The stock currently trades at $99.25, down 7.4% from its 52-week high of $107.21, with the sale occurring above current price levels. Bettinger's cross-ticker track record shows a 25.00% well-timed rate on his 7 prior sells, while his same-ticker history at SCHW shows 1 of 2 measurable prior sales were well-timed (50% at the 90-day mark), suggesting mixed predictive value. The fundamentals remain solid with $6.1B quarterly revenue, $2.4B net income, and 4.1% annual revenue growth, positioning the company's valuation at 21.44 P/E.

Co-Chairman Bettinger sells 257,410 shares ($26.8M) across 3 trades at $103.85–$104.25

Walter W Bettinger, Co-Chairman of Charles Schwab, executed three separate open-market sales totaling 257,410 shares for $26,778,405.50, reducing his holdings by 32.7% from 786,756 to 529,346 shares. The trades occurred at $103.85, $104.24, and $104.25 per share, blended to $104.03, against a current price of $102.00—within 2% of execution prices and near the 52-week high range of $69.06–$105.17. His cross-ticker track record shows 4 prior sells with an average 90-day return of +3.4% and a 25.00% well-timed rate, while his same-ticker history at SCHW spans 5 prior trades with mixed outcomes (2 well-timed at the 90-day mark). The absence of a disclosed trading plan FLAG and the large dollar scale ($26.8M) warrant monitoring of whether this sale reflects deliberate portfolio positioning or follows a scheduled disposition pattern.

Co-Chairman Bettinger sells 173,876 SCHW shares ($17.2M) at $98.84; retains 590.7K shares post-sale

Bettinger executed a substantial open-market sale of 173,876 shares (22.7% of pre-transaction holdings) for $17,186,390.69 on 2025-07-29 at $98.84, near the 52-week high of $98.57. His prior three sells at SCHW produced a 0.00% well-timed rate at the 90-day mark—meaning the stock rose after each prior sale, signaling poor exit timing on historical precedent. His cross-ticker record shows 3 prior sells with an average 90-day return of +4.8%, indicating the company's stock has generally appreciated after his sales. Despite these unfavorable patterns, Bettinger retains 590.7K shares, maintaining substantial exposure to SCHW. The sale occurs at a cyclical peak (stock up 7.2% over 30 days and 17.6% over 90 days), though the underlying fundamentals remain solid with $5.6B in quarterly revenue and P/E of 27.38.

Co-Chairman Bettinger sells 191.5K shares of SCHW at $89.00 (-20.0% of holdings); stock now -0.1% from 52-week high.

Walter W Bettinger reduced his SCHW position by 191,523 shares (191.5K shares) on 2025-05-19 at $89.00, disposing of $17,045,432.09 (17.0M) and retaining 764,610 shares (764.6K shares). The sale occurred when SCHW was trading at $89.00, nearly at its 52-week peak ($89.23), and follows a +17.1% 30-day price surge. His prior two sales at SCHW (both on 2025-02-12) posted 30-day declines averaging -6.3%, but his cross-ticker selling history shows a 0.00% well-timed rate, indicating his sales have been followed by further gains rather than declines. This sale's execution at the high end of the 52-week range, combined with his mixed track record in executing downside captures, frames the transaction within Bettinger's established selling patterns rather than as a forward-looking hedge or conviction-driven exit.

Co-Chairman Bettinger sells 464,629 shares ($38.1M) at $81.91 avg; reduces stake 36.0%

Bettinger executed 2 separate sales totaling 464,629 shares for $38,057,592.18, reducing his SCHW position from 1,292,006 shares to 827,377 shares. The sales occurred at blended average price of $81.91, near the 52-week high of $83.64. Against his cross-ticker track record (1 prior buy with 100.00% 90-day win rate and avg 90d return +8.6%), this large liquidation represents a material reduction in equity exposure at valuations near cycle peaks. The stock has gained 9.1% over 30 days and annual revenue growth stands at -9.3%, creating a backdrop where a senior executive's substantial portfolio reduction merits investor attention.

Co-Chairman & CEO Bettinger buys 25,000 SCHW shares at $66.26; stock down 21.3% from 52-week high, -14.8% in 30 days

Bettinger, the Co-Chairman and CEO of Charles Schwab, purchased 25,000 shares at $66.26 on 2024-07-17, increasing his holdings from 802,377 to 827,377 shares. The transaction occurred during a period of material price weakness: the stock trades at $62.08 (current), representing a 21.3% decline from the 52-week high of $78.90 and a 14.8% drop over the preceding 30 days. The purchase of 25,000 shares represents a 3.1% increase to his existing position. While company fundamentals show a $1.4B net income on $4.7B quarterly revenue, full-year revenue declined 9.3% year-over-year, signaling operational headwinds that may have coincided with the recent share-price decline. The timing of this open-market purchase by the CEO during a period of significant downward price momentum warrants monitoring of subsequent company performance and capital deployment.