Funny how all the schwabbies that have preached schwab as a way of life are quiet now. We are all here to break our backs to make the execs richer. Point proven by using us for the merger. Glad they have realized all of these roles are not essential and a waste of money. Overpaid managers doing nothing but getting paid to hand out snacks on a cart, and put their lunches on the company card. Remember 6 months ago?
Chief Executive Walter Bettinger led the way, purchasing 50,000 shares of Schwab SCHW at a weighted average price of $59.31, according to a filing with the Securities and Exchange Commission from late Tuesday. He paid a total price of $2.97 million.
Two fellow executives, President Richard Wurster and Chief Financial Officer Peter Crawford, each bought 5,000 Schwab shares Tuesday. Wurster bought at an average price of $57.28, for a total of about $286,000, while Crawford bought at an average price of $57.96, for a total of roughly $290,000.