JOHN KENT WALKER - 27 Mar 2024 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
27 Mar 2024
Net transactions value
-$1,826,930
Form type
4
Filing time
29 Mar 2024, 13:33:38 UTC
Previous filing
26 Mar 2024
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale $1,826,930 -12,084 -20% $151.19 48,717 27 Mar 2024 By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees
holding GOOG Class C Capital Stock 35,579 27 Mar 2024 Direct
holding GOOG Class C Google Stock Units 30,900 27 Mar 2024 Direct F1
holding GOOG Class C Google Stock Units 98,731 27 Mar 2024 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 (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest. 1/12th of the GSU grant vested on March 25, 2022 and an additional 1/12th will vest 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 will vest quarterly thereafter until fully vested, in each case subject to continuing employment on the applicable vesting dates.

Remarks:

Transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Arete Trust on May 31, 2023.