Charles Schwab's founder is cashing out. Charles R. Schwab, Co-Chairman of SCHW, filed three separate sell transactions this week totalling over $20.8 million. The trades, filed July 28–30, were executed at prices between $101 and $106 per share. Three insiders overall filed sales at the firm — a rare cluster of exits at one of America's biggest brokerages.
MEDP also saw coordinated selling. Founder and Chairman/CEO August Troendle filed back-to-back sales on July 29, offloading shares worth over $4.3 million at roughly $600 per share. An EVP added another $4.5 million sale on the same day. That puts total Medpace insider selling above $8.8 million in a single filing wave.
Not everyone is heading for the exit. ACI — Albertsons Companies — saw two insiders file purchases totalling over $2.4 million this week, including a buy of $1.96 million by EVP Thomas Moriarty at just $11.51 per share. That's a notable bet on a grocer whose stock has been under pressure.
CFG CEO Bruce Van Saun filed a sale of $9.3 million worth of Citizens Financial Group shares on July 28, at $72.07 apiece. Meanwhile, CEO Chip Childs sold $4.1 million in SkyWest stock the same day. Across financials, the dominant theme this week is executives reducing exposure near recent highs.
This article is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
