Sundar Pichai's Latest Stock Sale Continues Regular Trading Pattern at Google
Rhea-AI Filing Summary
Alphabet CEO Sundar Pichai has filed a Form 144 notice indicating a proposed sale of 32,500 shares of Class C common stock through Morgan Stanley, with an aggregate market value of $5,759,975. The shares were originally acquired as Restricted Stock Units on January 12, 2022.
The filing reveals a pattern of consistent stock sales over the past 3 months through 10b5-1 trading plans by both Pichai and the Pichai Family Foundation:
- Pichai has executed four previous sales of 32,500 shares each, ranging from $5.07M to $5.55M
- The Pichai Family Foundation has made concurrent sales of 4,000 shares each, ranging from $624K to $683K
With 5.46 billion shares outstanding, this planned transaction represents a minimal portion of Alphabet's total shares. The proposed sale is scheduled for June 18, 2025 on the NASDAQ exchange, executed under an established 10b5-1 trading plan which helps prevent insider trading concerns.
Positive
- None.
Negative
- CEO Sundar Pichai has executed consistent large-scale 10b5-1 sales totaling approximately $26.3M over the past 3 months, with plans for another $5.8M sale