Quick Takeaways
- This page summarizes John Kent Walker's Form 4 filing for Alphabet Inc. (GOOGL).
- 1 reported transaction and 0 derivative rows are listed below.
- Filing timestamp: 29 Dec 2023, 20:06.
John Kent Walker - 28 Dec 2023 Form 4 Insider Report for Alphabet Inc. (GOOGL)
- Signature
- /s/ Valentina Margulis, as Attorney-in-Fact for John Kent Walker
- Issuer symbol
- GOOGL
- Transactions as of
- 28 Dec 2023
- Net transactions value
- -$3,999,004
- Form type
- 4
- Filing time
- 29 Dec 2023, 20:06:51 UTC
- Previous filing
- 27 Dec 2023
- Next filing
- 04 Jan 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"John Kent Walker filed Form 4 for Alphabet Inc. (GOOGL) on 29 Dec 2023."
What Changed
- Previous filing in this sequence was filed on 27 Dec 2023.
- Current net transaction value: -$3,999,004.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GOOG | Class C Capital Stock | Sale | $3,999,004 | -28,281 | -53% | $141.40 | 25,002 | 28 Dec 2023 | By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees | |
| holding | GOOG | Class C Capital Stock | 59,292 | 28 Dec 2023 | Direct | ||||||
| holding | GOOG | Class C Google Stock Units | 41,200 | 28 Dec 2023 | Direct | F1 | |||||
| holding | GOOG | Class C Google Stock Units | 112,836 | 28 Dec 2023 | Direct | F2 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
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 Class C Google Stock Units (GSUs) 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 grant vested on March 25, 2022 and an additional 1/12th vests quarterly thereafter until fully vested, in each case subject to continued employment on the applicable vesting dates. |
| F2 | 1/6th of the GSU grant vested on June 25, 2023 and an additional 1/12th of the grant vests quarterly thereafter until fully vested, in each case subject to continuing employment on the applicable vesting dates. |
Remarks:
Transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on May 31, 2023.