Sundar Pichai - May 15, 2024 Form 4 Insider Report for Alphabet Inc. (GOOG)

Role
Chief Executive Officer, Director
Signature
/s/ Valentina Margulis, as Attorney-in-Fact for Sundar Pichai
Stock symbol
GOOG
Transactions as of
May 15, 2024
Transactions value $
-$3,897,497
Form type
4
Date filed
5/15/2024, 07:24 PM
Previous filing
May 1, 2024
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock -Sell -$1,728,535 -10,004 -0.44% $172.78 2,270,507 May 15, 2024 Direct F1
transaction GOOG Class C Capital Stock -Sell -$2,168,962 -12,496 -0.55% $173.57 2,258,011 May 15, 2024 Direct F2
holding GOOG Class A Common Stock 227,560 May 15, 2024 Direct
holding GOOG Class C Google Stock Units 520,668 May 15, 2024 Direct F3

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.16 to $173.15, inclusive. The Reporting Person undertakes to provide to any security holder of Alphabet Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.16 to $174.15, inclusive.
F3 Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSU as GSU vests. 1/12th of the GSU vested on March 25, 2023 and an additional 1/12th of the GSU will vest quarterly thereafter until the GSUs are fully vested, subject to continuing employment on the applicable vesting dates.

Remarks:

All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on August 31, 2023.