Alphabet CLO reports GSU vesting, tax withholding
Alphabet Inc. President, Global Affairs and CLO John Kent Walker reported routine equity compensation activity involving Class C shares.
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Rhea-AI Filing Summary
Alphabet Inc. President, Global Affairs and CLO John Kent Walker reported routine equity compensation activity involving Class C shares. Several tranches of Class C Google Stock Units converted into Class C capital stock as they vested, with no open-market purchases or sales disclosed.
The company withheld 9,078 Class C shares at 289.20 per share to satisfy tax obligations arising from GSU vesting. Following these transactions, Walker holds 59,820 Class C shares directly and 60,801 Class C shares indirectly through Arete Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class C Google Stock Units | 4,740 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class C Google Stock Units | 4,785 | $289.20 | $1.38M |
| Conversion | Class C Google Stock Units | 4,254 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class C Google Stock Units | 4,293 | $289.20 | $1.24M |
| Conversion | Class C Capital Stock | 8,994 | $0.00 | $0.00 |
| holding | Class C Capital Stock | -- | -- | -- |
Footnotes (4)
- 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. 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.
- F2. Vesting of GSUs grant of which was previously reported in Form 4.
- F3. Shares withheld to satisfy tax obligations arising out of vesting of GSUs.
- F4. The GSUs vest as follows: (i) 27/260th of the grant will vest 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.
FAQ
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What did Alphabet (GOOG) executive John Kent Walker report in this Form 4?
What are Class C Google Stock Units (GSUs) reported by Alphabet (GOOG)?
Do the reported Alphabet (GOOG) transactions indicate option exercises or GSU vesting?
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