GOOGL insider report: GSUs vest, shares withheld at $206.72
Rhea-AI Filing Summary
Amie Thuener O'Toole, VP and Chief Accounting Officer at Alphabet Inc. (GOOGL), reported routine equity activity tied to previously granted Google Stock Units (GSUs). Multiple GSUs vested and were either withheld to satisfy tax obligations or converted to Class C capital stock. Several dispositions at an indicated tax-withholding price of $206.72 reduced her direct GSU balances, while a separate acquisition of 954 shares of Class C capital stock was recorded at no cash price. Following the reported transactions the filing shows direct beneficial ownership including approximately 20,071 Class C shares and 8,940 Class A shares. The filing restates the GSU vesting timetable: monthly vesting beginning March 25, 2025, then monthly schedules through March 1, 2027, subject to continued employment.
Positive
- Recorded conversion of GSUs into Class C capital stock, reflecting compensation realization without cash outlay (954 Class C shares acquired at $0).
- Vesting schedule disclosed clearly, providing transparency on timing and conditions of equity compensation.
Negative
- Shares were withheld to satisfy tax obligations at an indicated withholding price of $206.72, reducing the reporting person's net share count.
- Multiple disposals recorded (tax withholdings), which modestly decrease direct beneficial ownership compared with pre-vesting balances.
Insights
TL;DR: Insider recorded routine compensation vesting and tax-withholding sales; no clear material change to ownership concentration.
The reported transactions are consistent with standard executive equity compensation mechanics: GSUs vest according to a published schedule, resulting in conversions to Class C stock and contemporaneous share withholding to meet tax obligations at an indicated withholding price of $206.72. A net acquisition of 954 Class C shares was recorded at $0 (conversion on vesting). Post-transaction holdings show direct beneficial ownership in the low tens of thousands of Class C and several thousand Class A shares, which suggests these movements are administrative rather than strategic market actions. Absent larger, off-schedule sales or new grants, the disclosure is informational and not a material corporate event.
TL;DR: Disclosure matches expected governance practice for executive compensation vesting and tax withholding; properly reported.
The Form 4 details periodic vesting increments and corresponding withholding, including explicit vesting fractions and timing. The explanation clarifies the nature of the GSUs and withholding treatment, which aligns with standard SEC reporting obligations for insiders. The presence of both dispositions (withholdings) and a conversion/acquisition entry is normal for GSU programs and signals compliance with Section 16 reporting rather than a change in governance or control.