Alphabet Inc. (GOOGL) director shifts Class C stake via gift
Rhea-AI Filing Summary
Alphabet Inc. director John L. Hennessy reported bona fide gift transfers of Class C Capital Stock. On August 5, 2026 he gifted 1,738 Class C shares from direct ownership and a trust received 1,738 shares, leaving 0.071 Class C shares held directly and 3,219 held indirectly by a trust. Separate holdings show the trust also holds 20,624 Class A shares. In addition, several Class C Google Stock Unit awards each entitle him to one Class C share as they vest in monthly installments, subject to continued service. The report’s Rule 10b5-1 trading plan checkbox is unchecked.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,476 shares gifted
Gift
7 txns
Insider
Hennessy John L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class C Capital Stock | 1,738 | $0.00 | $0.00 |
| Gift | Class C Capital Stock | 1,738 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class C Google Stock Units F1 | -- | -- | -- |
| holding | Class C Google Stock Units F2 | -- | -- | -- |
| holding | Class C Google Stock Units F3 | -- | -- | -- |
| holding | Class C Google Stock Units F4 | -- | -- | -- |
Holdings After Transaction:
Class C Capital Stock — 0.071 shares (Direct);
Class C Capital Stock — 3,219 shares (Indirect, By Trust);
Class A Common Stock — 20,624 shares (Indirect, By Trust);
Class C Google Stock Units — 5,762 shares (Direct)
Footnotes (4)
- F1. The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest. 1/48th of GSU grant vested on July 25, 2022 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
- F2. 1/48th of GSU grant vested on July 25, 2023 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
- F3. 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 employment on such vesting dates.
- F4. 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
Class C shares gifted from direct holding: 1,738 shares
Total Class C shares gifted that day: 3,476 shares
Direct Class C shares after gift: 0.071 shares
+2 more
5 metrics
Class C shares gifted from direct holding
1,738 shares
Bona fide gift of Class C Capital Stock on August 5, 2026
Total Class C shares gifted that day
3,476 shares
Aggregate Class C shares transferred as gifts on August 5, 2026
Direct Class C shares after gift
0.071 shares
Direct Alphabet Class C holdings remaining after reported gift
Indirect Class C shares after gift
3,219 shares
Alphabet Class C shares held indirectly by trust after gift
Indirect Class A shares held by trust
20,624 shares
Alphabet Class A Common Stock held indirectly by trust
Key Terms
bona fide gift, Google Stock Units (GSU), indirect ownership, vesting
4 terms
bona fide gift regulatory
"Transaction code G is described as a "bona fide gift" of stock."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Google Stock Units (GSU) financial
"The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share."
indirect ownership financial
"Certain shares are reported as indirect ownership "By Trust"."
vesting financial
"1/48th of GSU grants vest monthly on specified dates, subject to continued service."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How do John L. Hennessy’s Alphabet (GOOG) Google Stock Units (GSUs) work?
Each Google Stock Unit (GSU) entitles Hennessy to receive one Alphabet Class C share as it vests. Footnotes describe GSU grants vesting in 1/48 monthly installments, with vesting contingent on his continued service on specified vesting dates.