Alphabet director reports gifts from two trusts
Two family trusts made separate annuity distributions to the director and his spouse before distributing their remaining shares as gifts.
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Rhea-AI Filing Summary
Alphabet Inc. director Kavitark Ram Shriram reported trust distributions on October 13, 2026. The 2021 RS Irrevocable Trust distributed 199,100 shares each of Class A Common Stock and Class C Capital Stock as bona fide gifts; the 2021 VS Irrevocable Trust distributed 197,600 shares of each class as gifts to beneficiaries. Each trust also made an annuity distribution of 86,550 shares of each class—to Shriram from the RS trust and to his spouse from the VS trust—which the footnotes describe as a change in the form of beneficial ownership.
Reported post-transaction positions included 457,314 Class A and 664,235 Class C shares held directly by Shriram, and 456,294 Class A and 572,772 Class C shares held indirectly by his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock F1 | 199,100 | $0.00 | $0.00 |
| Gift | Class A Common Stock F2 | 197,600 | $0.00 | $0.00 |
| Gift | Class A Common Stock F1 | 86,550 | $0.00 | $0.00 |
| Gift | Class A Common Stock F2 | 86,550 | $0.00 | $0.00 |
| Gift | Class C Capital Stock F1 | 199,100 | $0.00 | $0.00 |
| Gift | Class C Capital Stock F2 | 197,600 | $0.00 | $0.00 |
| Gift | Class C Capital Stock F1 | 86,550 | $0.00 | $0.00 |
| Gift | Class C Capital Stock F2 | 86,550 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Capital Stock F3 | -- | -- | -- |
| holding | Class C Capital Stock F4 | -- | -- | -- |
| holding | Class C Capital Stock F5 | -- | -- | -- |
| holding | Class C Capital Stock F6 | -- | -- | -- |
| holding | Class C Google Stock Units F7 | -- | -- | -- |
| holding | Class C Google Stock Units F8 | -- | -- | -- |
| holding | Class C Google Stock Units F9 | -- | -- | -- |
| holding | Class C Google Stock Units F10 | -- | -- | -- |
Footnotes (10)
- F1. Reflects an annuity distribution on October 13, 2026, of 86,550 shares of Class A Common Stock and 86,550 shares of Class C Capital Stock from the 2021 RS Irrevocable Trust UAD 9/10/2021 (the '2021 GRAT') to the Reporting Person, who is the trustee and sole annuitant of the 2021 GRAT. This annuity payment constitutes a mere change in the form of beneficial ownership exempt from Section 16(a) and Section 16(b) pursuant to Rule 16a-13. Following the annuity payment, the remaining shares held by the 2021 GRAT were distributed to the beneficiary pursuant to the terms of the trust, which constitutes a disposition by bona fide gift exempt from Section 16(b) pursuant to Rule 16b-5.
- F2. Reflects an annuity distribution on October 13, 2026, of 86,550 shares of Class A Common Stock and 86,550 shares of Class C Capital Stock from the 2021 VS Irrevocable Trust UAD 9/10/2021 (the '2021 VS GRAT') to the Reporting Person's spouse, who is the trustee and sole annuitant of the 2021 VS GRAT. This annuity payment constitutes a mere change in the form of beneficial ownership exempt from Section 16(a) and Section 16(b) pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. Following the annuity payment, the remaining shares held by the 2021 VS GRAT were distributed to the beneficiary pursuant to the terms of the trust, which constitutes a disposition by bona fide gift exempt from Section 16(b) pursuant to Rule 16b-5.
- F3. The Reporting Person is trustee and beneficiary of the 2022 RS Irrevocable Trust UAD 10/28/2022.
- F4. The Reporting Person's spouse is trustee and beneficiary of the 2022 VS Irrevocable Trust UAD 10/28/2022.
- F5. The Reporting Person is both trustee and sole annuitant of the 2025 RS Irrevocable Trust dated 4/10/25.
- F6. The Reporting Person's spouse is both trustee and sole annuitant of the 2025 VS Irrevocable Trust dated 4/10/25.
- F7. The 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. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 19 months and on the 1st day of each month for the following 29 months, subject to continued service on the Board on the applicable vesting dates.
- F8. 1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
- F9. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 31 months and on the 1st day of each month for the following 17 months, subject to continued service on the Board on the applicable vesting dates.
- F10. 1/48 of GSUs shall vest on the 25th of the month of the Grant Date, vesting 1/48 every 1 month(s) for 7 event(s); 1/48 of GSUs shall vest on the 1st of the month 7 month(s) after the Grant Date, vesting 1/48 every 1 month(s) for 41 event(s), subject to continued employment on such vesting date(s).
Key Figures
Key Terms
annuity distribution financial
bona fide gift regulatory
mere change in the form of beneficial ownership regulatory
Rule 16a-13 regulatory
Rule 16b-5 regulatory
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