[Form 4] Alphabet Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 07/02/2025 Alphabet Inc. (GOOGL) director K. Ram Shriram filed a Form 4 disclosing the receipt of 2,016 Class C Google Stock Units (GSUs) as his annual director equity award. The GSUs carry a zero-dollar purchase price and convert 1-for-1 into Class C shares as they vest—1/48th each month over a four-year schedule, contingent on continued board service.

After the award, Shriram reports direct ownership of 345,683 Class C and 261,966 Class A shares, plus additional direct GSUs and previously issued units. Indirectly, he and related family trusts, a limited partnership, and spouse accounts hold more than 4.5 million Class A and Class C shares. The filing shows no open-market purchases or sales and represents routine compensation rather than a change in insider sentiment or corporate control.

Insights

Financial Analyst

TL;DR: Routine director grant of 2,016 GSUs; no buying/selling signal; negligible impact on Alphabet’s float.

The July 2, 2025 Form 4 for director Ram Shriram documents a standard annual equity grant—2,016 GSUs vesting monthly over 48 months. Because the shares are issued at no cost and the amount is immaterial relative to Alphabet’s 12.6 billion diluted share count, dilution is de minimis. The filing also reconfirms Shriram’s substantial long-term stake (≈4.8 million shares across classes and entities), but does not indicate net accumulation or divestiture. From a governance and signaling perspective the transaction is neutral: it neither strengthens nor weakens insider confidence and has no foreseeable earnings or cash-flow implications. Accordingly, the disclosure is classified as not impactful for investors.

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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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^*

Shriram Kavitark Ram

(Last) (First) (Middle)

C/O ALPHABET INC.

1600 AMPHITHEATRE PKWY

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

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)	07/02/2025		A(2)		2,016	A	$0	2,016	D
Class A Common Stock								320,864	I	Ram Shriram TR UA 09/10/2021 2021 RS Irrevocable Trust(3)
Class A Common Stock								319,344	I	Vijay Shriram TR UA 09/10/2021 2021 VS Irrevocable Trust(4)
Class A Common Stock								187,710	I	Ram Shriram TR UA 10/28/2022 2022 RS Irrevocable Trust(5)
Class A Common Stock								187,710	I	Vijay Shriram TR UA 10/28/2022 2022 VS Irrevocable Trust(6)
Class C Capital Stock								187,710	I	Ram Shriram TR UA 10/28/2022 2022 RS Irrevocable Trust(5)
Class C Capital Stock								187,710	I	Vijay Shriram TR UA 10/28/2022 2022 VS Irrevocable Trust(6)
Class C Capital Stock								319,344	I	Vijay Shriram TR UA 09/10/2021 2021 VS Irrevocable Trust(4)
Class C Capital Stock								320,864	I	Ram Shriram TR UA 09/10/2021 2021 RS Irrevocable Trust(3)
Class C Google Stock Units(7)								785	D
Class C Google Stock Units(8)								1,429	D
Class C Google Stock Units(9)								1,472	D
Class C Capital Stock								500,000	I	Ram Shriram TR UA 04/10/2025 2025 RS Irrevocable Trust(10)
Class C Capital Stock								500,000	I	Vijay Shriram TR UA 04/10/2025 2025 VS Irrevocable Trust(11)
Class C Capital Stock								345,683	D
Class C Capital Stock								257,226	I	By Spouse
Class C Capital Stock								338,600	I	By Limited Partnership
Class A Common Stock								261,966	D
Class A Common Stock								337,680	I	By Limited Partnership
Class A Common Stock								255,400	I	By Spouse

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. The Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vests. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 19 months and on the 1st day of each month for the following 29 months, subject to continued service on the Board on the applicable vesting dates.

2. Annual Director grant.

3. The Reporting Person is both trustee and sole annuitant of the Ram Shriram Trust UA 09/10/2021.

4. The Reporting Person's spouse is both trustee and sole annuitant of the Vijay Shriram Trust UA 09/10/2021.

5. The Reporting Person is trustee and beneficiary of the 2022 RS Irrevocable Trust UAD 10/28/2022.

6. The Reporting Person's spouse is trustee and beneficiary of the 2022 VS Irrevocable Trust UAD 10/28/2022.

7. 1/48th of GSUs vested on July 25, 2022 and an additional 1/48th of GSUs vests on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.

8. 1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.

9. 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 service on the Board on the applicable vesting dates.

10. The Reporting Person is both trustee and sole annuitant of the 2025 RS Irrevocable Trust dated 4/10/25.

11. The Reporting Person's spouse is both trustee and sole annuitant of the 2025 VS Irrevocable Trust dated 4/10/25.

	/s/ Valentina Margulis, as Attorney-in-Fact for K. Ram Shriram	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Alphabet (GOOGL) director Ram Shriram report in the latest Form 4?

He received 2,016 Class C Google Stock Units on 07/02/2025 as an annual director grant, priced at $0.

How do the 2,016 GSUs vest?

1⁄48th vests on the 25th of each month for 19 months and on the 1st of each month for the next 29 months, subject to board service.

What are Shriram’s direct Alphabet share holdings after the transaction?

He directly holds 345,683 Class C and 261,966 Class A shares, plus the newly granted GSUs.

How large is Shriram’s total beneficial ownership including trusts and family entities?

The filing lists indirect holdings that push total ownership above 4.5 million shares across Class A and Class C stock.

Does the Form 4 indicate insider buying or selling of Alphabet shares?

No. The reported activity is a routine, cost-free equity grant, not an open-market transaction.

Is the transaction expected to affect GOOGL’s share count materially?

No. 2,016 shares are immaterial relative to Alphabet’s multibillion-share float, resulting in negligible dilution.