[Form 4] Alphabet Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 overview: On 26 Jun 2025, Alphabet Inc. (GOOGL) filed a Form 4 disclosing equity transactions by its newly appointed SVP & Chief Financial Officer, Anat Ashkenazi. All transactions occurred on 25 Jun 2025 and relate to the scheduled vesting of previously granted Class C Google Stock Units (GSUs).

Key transactions

• 18,346 shares of Class C capital stock acquired upon conversion of vested GSUs (Code C, price $0).
• Total of 24,435 GSUs converted to Class C shares (11,652 from grant #1 & 6,694 from grant #4, plus the 18,346 reported separately).
• 18,553 shares withheld to satisfy tax obligations (Codes F) at a reported price of $167.74 per share.

Post-transaction ownership

• Class C capital stock: 72,410 shares directly held.
• Unvested / deferred GSUs: 95,142 units from grant #4 and 33,084 units from grant #5, plus 46,870 units from grant #1, for a combined 175,096 GSUs subject to future vesting.

Vesting schedules: Remaining GSUs from the reported grants vest in quarterly tranches through 1 Jan 2028, contingent on continued employment. No open-market purchases or discretionary sales were reported; all disposals were automatic tax withholdings.

Investor takeaway: The filing reflects routine equity-compensation vesting by a senior executive, increasing her net share ownership and aligning incentives with shareholders. Because sales were limited to tax withholding, the activity is generally regarded as neutral for valuation sentiment.

Insights

Financial Analyst

TL;DR – Routine CFO vesting; no discretionary selling; neutral impact.

Alphabet’s new CFO converted 24.4 k GSUs into 18.3 k Class C shares and had 18.6 k shares automatically withheld for taxes. Her direct stake rose to 72.4 k shares, while 175 k GSUs remain unvested, providing multi-year alignment. Because the transactions were pre-scheduled, cash-neutral to the company, and involved no open-market disposition, they do not alter Alphabet’s fundamental outlook or float. Investors should view the filing as administrative rather than a signal of insider sentiment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ashkenazi Anat

(Last) (First) (Middle)

C/O ALPHABET INC.

1600 AMPHITHEATRE PRKW

(Street)

MOUNTAIN VIEW CA 94043

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Alphabet Inc. [ GOOGL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class C Google Stock Units(1)	06/25/2025		C(2)		11,652	D	$0	58,653	D
Class C Google Stock Units(1)	06/25/2025		F(3)		11,783	D	$167.74	46,870	D
Class C Google Stock Units(4)	06/25/2025		C(2)		6,694	D	$0	101,912	D
Class C Google Stock Units(4)	06/25/2025		F(3)		6,770	D	$167.74	95,142	D
Class C Capital Stock	06/25/2025		C(2)		18,346	A	$0	72,410	D
Class C Google Stock Units(5)								33,084	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 GSU vests. 25% of the GSUs will vest on each March 25, 2025, June 25, 2025, September 25, 2025, and December 25, 2025, subject to continued employment on such vesting dates.

2. Vesting of GSUs grant of which was previously reported in Form 4.

3. Shares withheld to satisfy tax obligations arising out of vesting of GSUs.

4. The GSUs vest as follows: (i) 15/136th of the grant will vest on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; (ii) 19/272nd of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026, and on the 1st day of the month from April 1, 2027 through January 1, 2028, subject to continued employment on the applicable vesting dates.

5. The GSUs will vest as follows: 25% of the GSUs will vest on each March 25, 2026, June 25, 2026, September 25, 2026 and December 25, 2026, subject to continued employment on such vesting dates.

	/s/ Valentina Margulis, as Attorney-in-Fact for Anat Ashkenazi	06/26/2025
	** Signature of Reporting Person	Date
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