Ruth Porat (NASDAQ: GOOGL) adds shares via GSU vesting, covers taxes
Rhea-AI Filing Summary
Alphabet Inc. President and CIO Ruth Porat reported compensation-related stock activity involving Google Stock Units (GSUs) and Class C capital stock. She converted 1,624 GSUs into Class C capital stock at $0.00 per share, reflecting vesting of previously granted awards. To cover tax obligations from this vesting, 1,639 GSUs were withheld at $379.38 per share, which is a non-market, tax-withholding disposition rather than an open-market sale.
After these transactions, Porat directly holds 902,564 shares of Alphabet Class C capital stock and 69,225 Class C GSUs. She also has indirect Class C holdings through family trusts, including 921,695 shares in RAPP 2024 GT Trust Two, 135,950 shares in RAPP 2024 GT Trust One, and 120,000 shares in the RAPP 2024 Irrevocable Trust.
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Insights
Porat’s Form 4 shows routine GSU vesting with tax withholding, not open-market trading.
The filing shows Class C Google Stock Units (GSUs) vesting and converting into Alphabet Class C capital stock. Porat acquired 1,624 shares via conversion at $0.00 per share, a standard equity compensation event tied to employment-vesting schedules described in the footnotes.
An additional 1,639 GSUs were disposed of at $379.38 per share to satisfy tax obligations from the vesting, which is labeled as a tax-withholding transaction, not an open-market sale. Following these entries, Porat directly holds 902,564 Class C shares plus 69,225 GSUs, alongside substantial indirect holdings through the RAPP 2024 family trusts, indicating the activity is small relative to her total position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class C Google Stock Units | 1,624 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class C Google Stock Units | 1,639 | $379.38 | $622K |
| Conversion | Class C Capital Stock | 1,624 | $0.00 | $0.00 |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
Footnotes (8)
- F1. 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 GSUs as each GSU vests. 7/45 of GSUs will vest on the 25th of the month of the Grant Date (April 8, 2026); 7/180 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 7/180 every 1 month(s) for 8 event(s); 1/45 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 2/45 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 1/45 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 1/45 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).
- F2. Vesting of GSU grant of which was previously reported in Form 4.
- F3. Shares withheld to satisfy tax obligations arising out of vesting of GSUs.
- F4. The Reporting Person is the settlor, and the Reporting Person's spouse is a trustee of the RAPP 2024 Irrevocable Trust.
- F5. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GT Trust One.
- F6. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GT Trust Two.
- F7. 1/6th of the GSUs vested on June 25, 2024; 1/12th of the GSUs vested on September 25, 2024, and an additional 1/12th of the GSUs vests quarterly thereafter on the 25th day of the month until the GSUs are fully vested, subject to continued employment on the applicable vesting dates.
- F8. The GSUs vest as follows: (i) 27/260th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; and (ii) 19/260th of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026, and on the 1st day of the month from April 1, 2027 through January 1, 2028, subject to continued employment on the applicable vesting dates.
Key Figures
Key Terms
Class C Google Stock Units financial
GSUs financial
conversion of derivative security financial
tax obligations financial
Irrevocable Trust financial
GT Trust financial
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