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EdgarHawk

Murtagh Nigel J

Chief Risk Officer

Officer

Latest: Chief Risk Officer selling · April 2026

7 filings analyzed · 1 company · Latest 2026-04-15

Companies

Company Buys Sells Direction
SCHWAB CHARLES CORP SCHW 0 12 Net selling

Activity

April 2026
2026-04-15 SCHWAB CHARLES CORP SCHW
medium
Sell
41,297 shares
$4,088,523
Significance 5/10

Chief Risk Officer Nigel J Murtagh sold 41,297 shares of SCHW at $99.00 for $4.1M, reducing holdings by 41.6%

Murtagh sold 41,297 shares at $99.00 on 2026-04-14, bringing his holdings from 99,269 to 57,972 shares—a substantial 41.6% reduction in position size. At SCHW specifically, his prior 5 trades show mixed timing outcomes: only 1 of 5 prior sells were well-timed at the 90-day mark, with his most recent sale in July 2025 posting -0.8% at 30 days and -3.1% at 90 days. The stock currently trades at $100.27, just 1.3% above the transaction price, and remains -6.5% from its 52-week high of $107.21. SCHW fundamentals remain solid with $6.1B in quarterly revenue, $2.4B net income, and 22.0% annual revenue growth, supporting a 15.77 P/E on a $175.7B market cap. This sale reduces material exposure but does not constitute a complete exit; the timing relative to SCHW's prior patterns and current valuation proximity suggests a measured liquidation rather than a capitulation signal.

July 2025
2025-07-31 SCHWAB CHARLES CORP SCHW
medium
Sell
24,096 shares
$2,359,290
Significance 5/10

Chief Risk Officer Murtagh Nigel J sold 24,096 shares of SCHW at $97.91 for $2,359,289.96

Murtagh Nigel J, Chief Risk Officer, sold 24.1K shares on 2025-07-29 at $97.91, reducing holdings by 29.0% from 83.1K to 59.0K shares. The sale occurred near the 52-week high at -0.8% from the peak of $98.57, amid a strong 90-day rally of +17.6%. Notably, across his 5 prior trades at SCHW, 0 of 2 measurable 90-day outcomes showed well-timed sells (both prior completed 90-day windows showed positive returns, meaning he sold before subsequent gains), establishing a pattern of poorly-timed exits at this ticker. Against his broader cross-ticker track record of 7 prior sales with a 0.00% well-timed rate, this appears consistent with a history of selling ahead of rises rather than ahead of declines.

June 2025
2025-06-20 SCHWAB CHARLES CORP SCHW
low
Sell
20,872 shares
$1,878,666
Significance 5/10

Murtagh (Chief Risk Officer) sold 20.9K SCHW shares at $90.01 for $1.9M, reducing holdings by 26.1%.

Chief Risk Officer Nigel J Murtagh sold 20,872 shares at $90.01 on 2025-06-18, a substantial reduction of 26.1% from his 79.9K pre-transaction holdings, leaving him with 59.0K shares post-trade. The sale occurred near the 52-week high of $89.91, with the stock at $89.21 currently (-0.8% from peak) and having gained 13.8% over 90 days. At the same ticker, Murtagh's prior 3 measurable sells show a 0% well-timed rate at the 90-day mark—all three subsequent 90-day periods showed positive returns (+16.7%, +0.8%, +6.3%), meaning the insider sold before rallies. His cross-ticker track record across 6 prior sells posted an average +7.3% return 90 days after selling, a pattern of poorly-timed exits. This sale, executed near a 52-week high during an ongoing uptrend, provides no categorical signal of insider concern about valuation or near-term risk at Schwab.

May 2025
2025-05-30 SCHWAB CHARLES CORP SCHW
medium
Sell
25,000 shares
$2,205,105
Significance 4/10

Schwab CRO Murtagh Nigel J sold 25,000 shares at $88.20 for $2.2M on 2025-05-28

Nigel J Murtagh, Chief Risk Officer, sold 25,000 shares (25.0K shares) at $88.20, reducing his SCHW holdings by 29.8% from 83,999 to 58,999 shares. The sale occurred when the stock was trading 1.0% from its 52-week high of $89.23, shortly after a 30-day gain of 8.5% and 90-day gain of 11.1%. His prior trades at SCHW show a timing pattern of 0 of 3 prior measurable sales being well-timed at the 90-day mark, with outcomes ranging from -8.4% to +6.3% 30-day returns after the sale. The transaction has straightforward factual components—a substantial position reduction near a recent peak—but lacks clarity on the operational context behind the timing or execution.

2025-05-09 SCHWAB CHARLES CORP SCHW
medium
Sell
25,000 shares
$2,125,000
Significance 5/10

CRO Nigel Murtagh sold 25,000 SCHW shares at $85.00 ($2.1M); stock currently at 52-week high. Fourth sale in 6 months.

Nigel Murtagh, Chief Risk Officer at Charles Schwab, sold 25,000 shares ($2.1M) at $85.00 on 2025-05-08, reducing his holdings by 29.8% to 59.0K shares. The sale occurred at the 52-week high price of $84.47, with the stock up 12.2% over 30 days. Murtagh has executed four separate sales at SCHW since March 2025, with mixed timing outcomes: two earlier 2024 sales showed flat-to-negative 90-day returns (well-timed), but his most recent March 2025 sale has delivered an -8.4% 30-day return. His cross-ticker track record shows 4 prior sells with a 0.00% 90-day well-timed rate, indicating his sales historically have not preceded declines. Given the stock trades at a P/E of 23.66 with annual revenue growth of 4.1%, the concentrated selling pattern—four transactions in six months—warrants attention to whether this reflects CRO-level insights into capital allocation or risk outlook versus routine portfolio management.

March 2025
2025-03-07 SCHWAB CHARLES CORP SCHW
low
Sell
15,229 shares
$1,147,936
Significance 4/10

Chief Risk Officer Nigel J Murtagh sold 15,229 shares of SCHW at $75.38 for $1,147,936.13; stock down 8.8% in 30 days post-sale

Murtagh, Chief Risk Officer at Charles Schwab, sold 15,229 shares on 2025-03-05 at $75.38, reducing his holdings by 20.5% from 74,320 to 59,091 shares. The sale occurred within a period when SCHW has declined 8.8% over 30 days and 8.4% over 90 days from the trade date, positioning the sale in a downtrend. Murtagh's cross-ticker track record shows 3 prior open-market sells with an average 90-day return of 4.2% (poorly-timed, as the stock rose after these sales) and a 0.00% well-timed rate. At SCHW specifically, his 3 prior sales were similarly poorly timed: two in March 2024 captured 5.4%–6.2% upside over 90 days, and a November 2024 sale preceded a modest 0.8% gain, yielding 0 of 3 well-timed exits at the 90-day mark. This sale does not signal well-timed insider foresight; the price decline following the transaction reflects broader market or sector weakness rather than a pattern of accurate insider timing.

November 2024
2024-11-26 SCHWAB CHARLES CORP SCHW
low
Sell
12,739 shares
$1,033,972
Significance 4/10

Chief Risk Officer Nigel J Murtagh sold 12,739 shares of SCHW at $81.17 for $1,033,972.40

Murtagh reduced his SCHW position by 12,739 shares (17.7% of pre-transaction holdings), bringing his stake from 71,830 to 59,091 shares. The sale occurred at $81.17, and the stock has since appreciated to $82.25 (+0.0% from its 52-week high). At SCHW specifically, his prior two sales in March 2024 were followed by 30-day and 90-day gains of 6.2–6.3% and 5.4–5.5%, neither of which represent well-timed sales (where the stock should have fallen after the insider sold). His cross-ticker track record shows a 0.00% well-timed rate on 2 prior sells, with an average 90-day return of +5.9%, again indicating his sales have not preceded price declines. SCHW's fundamentals show annual revenue decline of 9.3%, though the stock trades at a P/E of 20.61 with market cap of $105,990,794,794.50. The sale itself is a discretionary open-market transaction with no Flag indicators suggesting pre-planned execution.

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