Alphabet (GOOG) VP records small share sale as multiple GSUs vest
Rhea-AI Filing Summary
Alphabet Inc. VP and Chief Accounting Officer Marsida Saraci reported a mix of stock sales, vesting, and tax-related share withholdings. On Class C capital stock, she completed an open-market sale of 449 shares at a weighted average price around $341.72 per share, leaving 27,348 Class C shares held directly.
Multiple tranches of Class C Google Stock Units vested, converting into Class C capital stock as part of previously granted equity awards, while 453 shares were withheld to cover tax obligations tied to these vestings. She also reports holding 3,660 Class A common shares directly after the transactions.
Positive
- None.
Negative
- None.
Insights
Routine equity vesting with a modest stock sale and tax withholding.
Marsida Saraci’s Form 4 combines routine compensation events with a relatively small open-market sale. Several tranches of Class C Google Stock Units vested and converted into Class C capital stock, consistent with pre-set vesting schedules described in the footnotes.
To cover tax obligations from these vestings, 453 shares were delivered back to the issuer as tax-withholding dispositions, which are not market sales. The 449-share open-market sale at prices around $341.72 leaves her with 27,348 Class C and 3,660 Class A shares, suggesting a minor portfolio adjustment rather than a large directional move.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Capital Stock | 449 | $341.72 | $153K |
| Conversion | Class C Google Stock Units | 121 | $0.00 | -- |
| Tax Withholding | Class C Google Stock Units | 122 | $345.04 | $42K |
| Conversion | Class C Google Stock Units | 101 | $0.00 | -- |
| Tax Withholding | Class C Google Stock Units | 101 | $345.04 | $35K |
| Conversion | Class C Google Stock Units | 69 | $0.00 | -- |
| Tax Withholding | Class C Google Stock Units | 69 | $345.04 | $24K |
| Conversion | Class C Google Stock Units | 106 | $0.00 | -- |
| Tax Withholding | Class C Google Stock Units | 107 | $345.04 | $37K |
| Conversion | Class C Google Stock Units | 27 | $0.00 | -- |
| Tax Withholding | Class C Google Stock Units | 27 | $345.04 | $9K |
| Conversion | Class C Google Stock Units | 26 | $0.00 | -- |
| Tax Withholding | Class C Google Stock Units | 27 | $345.04 | $9K |
| Conversion | Class C Capital Stock | 449 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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 GSUs vests. 1/18 of GSUs shall vest on the 25th of the month 12 month(s) after the Grant Date, vesting 1/18 every 1 month(s) for 12 event(s); 1/36 of GSUs shall vest on the 25th of the month 24 month(s) after the Grant Date, vesting 1/36 every 1 month(s) for 11 event(s); 1/36 of GSUs shall vest on the 1st of the month 35 month(s) after the Grant Date, subject to continued employment on such vesting date(s). Vesting of GSUs grant of which was previously reported in Form 4. Shares withheld to satisfy tax obligations arising out of vesting of GSUs. 1/36 of GSUs shall vest on the 25th of the month of the Vesting Start Date, vesting 1/36 every 1 month(s) for 23 event(s); 1/36 of GSUs shall vest on the 1st of the month 23 month(s) after the Vesting Start Date, vesting 1/36 every 1 month(s) for 13 event(s), subject to continued employment on such vesting date(s). 1/36 of GSUs shall vest on the 25th of the month of the Grant Date, vesting 1/36 every 1 month(s) for 11 event(s); 1/36 of GSUs shall vest on the 1st of the month 11 month(s) after the Grant Date, vesting 1/36 every 1 month(s) for 25 event(s), subject to continued employment on such vesting date(s). 1/10 of GSUs shall vest on the 25th of the month of the Grant Date, vesting 1/10 every 1 month(s) for 9 event(s); 1/10 of GSUs shall vest on the 1st of the month 9 month(s) after the Grant Date, subject to continued employment on such vesting date(s). 1/34 of GSUs shall vest on the 25th of the month of the Grant Date, vesting 1/34 every 1 month(s) for 9 event(s); 1/34 of GSUs shall vest on the 1st of the month 9 month(s) after the Grant Date, vesting 1/34 every 1 month(s) for 25 event(s), subject to continued employment on such vesting date(s). 1/22 of GSUs shall vest on the 25th of the month of the Grant Date, vesting 1/22 every 1 month(s) for 9 event(s); 1/22 of GSUs shall vest on the 1st of the month 9 month(s) after the Grant Date, vesting 1/22 every 1 month(s) for 13 event(s), subject to continued employment on such vesting date(s). The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $341.72 to $342.72, inclusive.