Execs Cash Out as Schwab Founder Sells $20M

Insider selling dominated US filings this week. Charles Schwab, founder and co-chairman of SCHW, filed $20M in sales across July 28–29. He sold 189,000 shares at around $105 each. The filings appeared on July 30.

AMAT CEO Gary Dickerson filed nearly $55M in sales at the start of July. He sold shares at prices between $700 and $735. That's a significant exit from a chipmaker riding AI tailwinds.

AVGO Chief Legal Officer Mark Brazeal filed $19.5M in sales across two transactions. He sold 50,000 shares in early July at prices near $380–$401. Two independent directors also sold smaller positions at the same time.

LQDA saw the most concentrated exit. Venture fund Canaan VIII and board member Stephen Bloch filed over $31M in combined sales this month. They sold steadily across multiple dates — a clear and deliberate wind-down of positions.

CFG CEO Bruce Van Saun filed a $9.3M sale on July 28. He sold 129,000 shares at $72 each. RH Chairman and CEO Gary Friedman filed $11.7M in sales on July 8 — nearly 70,000 shares at around $169–$170.

Buying was sparse among US executives. The headline purchases came from Asian markets, with Jiangsu Eastern Shenghong's chairman disclosing a $462M buy in May, filed in July. Svenska Handelsbanken (SHB A) drew attention in Europe, with three insiders filing $93M in combined purchases this month.

This is not financial advice.