{"schema_version":"secwatch.filing_event.v1","accession":"0000316709-23-000040","form_type":"8-K","ticker":"SCHW","cik":"0000316709","company_name":"SCHWAB CHARLES CORP","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.243542+00:00","generated_at":"2026-06-11T06:33:29.135155+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Schwab plans at least $500M annual cost savings from headcount and real estate cuts","bullets":["Expects incremental annual run-rate cost savings of at least $500M through headcount, professional services, and real estate reduction.","Anticipates exit and related costs of $400M to $500M, mostly in H2 2023 for employee compensation and in 2023-2024 for real estate.","Actions are in addition to TD Ameritrade integration synergies; plans include closing or downsizing certain corporate offices.","Management cites post-integration streamlining as driver; forward-looking statements subject to risks."],"urls":{"canonical":"https://secwatch.observer/filing/0000316709-23-000040","json":"https://secwatch.observer/filing/0000316709-23-000040.json","markdown":"https://secwatch.observer/filing/0000316709-23-000040.md","text":"https://secwatch.observer/filing/0000316709-23-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000040/0000316709-23-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/316709/000031670923000040/schw-20230821.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:33:29.135155+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}