Charles Schwab has been unloading shares in his own company at pace. The SCHW founder and Co-Chairman filed sales totalling over $40M in the past three weeks. His daughter, Carolyn Schwab-Pomerantz, joined him. She filed sales of roughly $6.8M across two separate transactions. The filings show trades at prices between $105 and $108 per share.
At EHC, the CEO and CFO both sold on the same day. Mark Tarr, President and CEO of Encompass Health, filed a $21.5M sale on August 11. CFO Douglas Coltharp reported an additional $2.4M sale on the same date. The coordinated C-suite exit totalled over $25M in a single session.
MEDP founder and Chairman/CEO August Troendle filed a string of sales. He reported over $24M in disposals across the past month. The shares were sold near $600 each.
Meanwhile, billionaire Carlos Slim filed sales in PBF Energy. He shed over $36M worth of shares since late July, filing multiple transactions as a 10% shareholder.
Buyers were harder to find in the US. The largest disclosed purchase activity came from overseas, with Adani family entities filing a combined $2.8B buy in ADANIPOWER — though those trades date to August 2024 and were only recently filed.
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.
