Schwab Founder Dumps $20M in Shares

Charles Schwab is cashing out. The founder and Co-Chairman of SCHW filed to disclose $19.8M in sales over three days this week. He sold 95,450 shares on July 29 alone, netting $10.1M at around $105.82 each. A family director, Carolyn Schwab-Pomerantz, added another $2.4M sale on the same day. Three insiders in total have now filed $22.9M in combined sales since July 23.

The stock trades near 52-week highs. The cluster of filings is hard to ignore.

Meanwhile, venture investors at LQDA — Liquidia Corporation — have been systematically trimming their position. Board-linked fund Canaan VIII LP filed $17.5M in sales between July 22 and July 23. Fellow board member Stephen Bloch added $6.2M more in reported sales. Liquidia shares have rallied sharply in recent months, and backers appear to be taking profits near $89.

On the buy side, SKYW CEO Chip Childs sold $4.1M in SkyWest stock on July 28. At GSHD, the founding Jones family trust filed both sides of the ledger — selling $8.7M while separately buying a similar amount, suggesting a portfolio rebalancing rather than a directional bet.

This article is for informational purposes only and does not constitute financial advice.