GOOGL Rule 144 Notice: UBS to Sell 600 Class C Shares Worth $122,988
Rhea-AI Filing Summary
The filing is a Form 144 notice reporting a proposed sale of 600 Class C common shares through UBS Financial Services with an aggregate market value of $122,988. The sale is listed with an approximate date of 08/13/2025 and the filing reports 5,430,000,000 Class C shares outstanding.
The securities to be sold were acquired as stock awards on 11/25/2023 (323 shares) and 12/25/2023 (277 shares); the table lists Date of Payment: N/A for those awards. The filing also discloses prior sales by the John L Hennessy and Andrea J Hennessy Revocable Trust totaling 2,600 shares between 05/13/2025 and 08/08/2025 with gross proceeds shown. The filer attests they have no undisclosed material adverse information.
Positive
- Form 144 discloses a planned sale of 600 Class C shares with an aggregate market value of $122,988.
- Filing provides acquisition details showing the 600 shares resulted from stock awards on 11/25/2023 and 12/25/2023, and lists prior sales with gross proceeds, supporting transparency.
Negative
- The filing shows the John L Hennessy and Andrea J Hennessy Revocable Trust sold a total of 2,600 Class C shares between 05/13/2025 and 08/08/2025.
- The proposed sale is scheduled for 08/13/2025, indicating continued dispositions within the reported period.
Insights
TL;DR: Routine Rule 144 notice for 600 Class C shares; prior trust sales of 2,600 shares reported.
The filing documents a planned sale of 600 Class C shares valued at $122,988 scheduled approximately for 08/13/2025 and identifies UBS as the broker. It also provides a clear ledger of acquisitions (323 and 277 shares from stock awards in Nov/Dec 2023) and lists recent disposals by the named trust totaling 2,600 shares across May–August 2025 with gross proceeds shown. Relative to the reported 5.43 billion Class C shares outstanding, the quantities disclosed are immaterial to capitalization metrics; the filing is therefore informational rather than market-moving.
TL;DR: Disclosure is procedurally complete and includes the required attestation; shows ongoing trust-level dispositions.
The Form 144 contains the standard attestation that no undisclosed material adverse information exists and itemizes both the acquisition details (stock awards on 11/25/2023 and 12/25/2023) and prior sales by the John L Hennessy and Andrea J Hennessy Revocable Trust. The broker is identified and gross proceeds for prior sales are provided, meeting customary Rule 144 transparency requirements. From a governance perspective the filing documents transparent reporting of insider/trust transactions without additional disclosures of material events.