Alphabet Inc SEC Filings

Alphabet Inc. (GOOGL) – Form 144 Filing

The Lawrence Page Trusts have filed a Form 144 giving notice of their intent to sell Alphabet shares under Rule 144 on or about 10 July 2025. The filing covers:

• Class A Common Stock: 16,480 shares, estimated aggregate market value ≈ $2.91 million.
• Class C Capital Stock: 16,480 shares, estimated aggregate market value ≈ $2.93 million.
• Broker: J.P. Morgan Securities LLC, NASDAQ execution.
• Shares outstanding: 5.82 billion (Class A) and 5.46 billion (Class C); the planned sale represents ~0.0003 % of each class.

Historical activity (past 3 months)

• Across three Page family trusts, a cumulative 176,800 shares of Class A and 176,800 shares of Class C were sold on 8 May 2025 and 12 Jun 2025 for combined gross proceeds of roughly $38.0 million.

Ownership & source of shares

• Class A shares were originally received in a 2006 GRAT distribution at no cost.
• Class C shares originated from a 2014 stock dividend.

Materiality assessment: Although the filer is Alphabet’s co-founder Larry Page, the absolute size of the proposed sale is negligible relative to Alphabet’s float. The disclosure is primarily procedural, signalling continued diversification but carrying minimal direct impact on Alphabet’s capital structure or governance.

Alphabet Inc. (GOOGL) co-founder Larry Page, through several family trusts, has filed a Form 144 indicating an intention to sell up to 220,320 Class A shares and 220,320 Class C shares on or about 10 July 2025 via J.P. Morgan Securities. The combined market value of the proposed sale is roughly $78 million—$38.9 million for Class A and $39.1 million for Class C—representing only about 0.004 % of each class outstanding (5.82 billion Class A and 5.46 billion Class C shares).

The filing also lists recent transactions: Page-related trusts disposed of approximately 241,680 shares of each class between 8 May and 12 June 2025, generating gross proceeds near $39 million per class. No corporate proceeds are involved; this is a personal liquidity event, not a company capital-raising activity.

Because the volume is immaterial relative to Alphabet’s market capitalization and does not affect operations, dilution, or strategic direction, the disclosure is viewed as a routine insider sale notice with limited market impact.

Alphabet Inc. (GOOGL) co-founder Larry Page, through several family trusts, has filed a Form 144 indicating an intention to sell up to 220,320 Class A shares and 220,320 Class C shares on or about 10 July 2025 via J.P. Morgan Securities. The combined market value of the proposed sale is roughly $78 million—$38.9 million for Class A and $39.1 million for Class C—representing only about 0.004 % of each class outstanding (5.82 billion Class A and 5.46 billion Class C shares).

The filing also lists recent transactions: Page-related trusts disposed of approximately 241,680 shares of each class between 8 May and 12 June 2025, generating gross proceeds near $39 million per class. No corporate proceeds are involved; this is a personal liquidity event, not a company capital-raising activity.

Because the volume is immaterial relative to Alphabet’s market capitalization and does not affect operations, dilution, or strategic direction, the disclosure is viewed as a routine insider sale notice with limited market impact.

Alphabet Inc. (GOOGL) – Form 4 insider transaction

Chief Executive Officer Sundar Pichai disclosed the sale of 32,500 Class C shares on 07/02/2025 through a pre-arranged Rule 10b5-1 trading plan adopted on 12/02/2024. The shares were sold in four tranches:

• 4,546 shares at a weighted-average price of $176.69
• 7,900 shares at $177.74
• 9,102 shares at $178.91
• 10,952 shares at $179.52

Following the transactions, Pichai’s beneficial ownership stands at 2,559,892 Class C shares, 149,622 Class C Google Stock Units (GSUs), and 227,560 Class A shares, indicating that the sale represents ~1.3% of his Class C holdings and a markedly smaller fraction of Alphabet’s total shares outstanding.

The filing contains no derivative activity and provides weighted-average price ranges for each tranche, with the company committing to supply detailed price breakdowns upon request. All sales were executed directly by Pichai and reported within two business days, satisfying Section 16 reporting requirements.

Paymentus Holdings, Inc. (PAY) has filed a Form 4 disclosing that its Chairman, President & CEO, Dushyant Sharma, received 1,100,000 Class A RSUs on 07/02/2025 under the company’s 2021 Equity Incentive Plan. Each RSU converts into one share of Class A common stock as it vests. Vesting schedule: one-sixteenth of the award will vest on each quarterly vesting date beginning 15 Aug 2025 (Feb 15, May 15, Aug 15, Nov 15 thereafter), subject to continued service. Following the grant, the reporting person shows 1,100,000 shares owned directly and an additional 1 share held indirectly through Ashigrace LLC, where Sharma holds sole voting and dispositive power. No price was paid for the RSUs, indicating a standard equity-based compensation grant designed to align executive incentives with shareholder value over time.

UBS AG is offering Contingent Income Auto-Callable Securities linked to the common stock of PayPal Holdings, Inc. (PYPL). The notes are senior unsecured obligations of UBS AG London Branch, priced at $1,000 per security, with expected issuance on 16 July 2025 and maturity on or about 14 July 2028 (≈36 months).

Coupon mechanics: investors receive a fixed contingent payment of $27.875 per quarter (≈11.15 % p.a.) for any determination date on which PYPL’s closing price is at least 65 % of the initial price (“downside threshold”). If, on any determination date other than the final one, PYPL closes at or above 100 % of the initial price (“call threshold”), the notes are automatically redeemed for $1,000 + the current coupon.

Principal repayment: • If the final price on 11 July 2028 is ≥65 % of the initial price, holders receive principal plus the final coupon. • If it is <65 %, UBS will pay a cash value equal to the percentage decline in PYPL, exposing investors to a 1-for-1 loss below the threshold and up to 100 % loss of principal. There is no upside participation in PYPL shares.

Key economics & costs: • Estimated initial value: $937.30 – $967.30 (3.3 %-6.3 % below issue price), reflecting dealer margins, hedging and funding costs. • Up-front fees total 2.25 % of principal (1.75 % sales commission, 0.50 % structuring fee). • Securities will not be listed; UBS Securities LLC intends, but is not obligated, to provide a secondary market.

Risk highlights: investors face (i) issuer credit risk of UBS AG, (ii) equity risk in PYPL, (iii) liquidity risk given the unlisted nature, (iv) early-call reinvestment risk, and (v) tax uncertainty; the notes are treated as prepaid derivatives with ordinary-income coupons.

Investor profile: suitable only for sophisticated investors who can tolerate loss of principal, limited upside, and illiquidity in exchange for above-market contingent income.

Alphabet Inc. (GOOGL) – Form 4 insider transaction

Director Frances H. Arnold reported the sale of 121 Class C shares of Alphabet on 30 June 2025 at an average price of $180.72 per share, generating proceeds of approximately $21.9 thousand. After the transaction, Arnold directly owns 17,389 Class C shares and continues to hold an aggregate 3,687 Google Stock Units (GSUs) that vest monthly, subject to continued service. The disposition was executed under a Rule 10b5-1 trading plan adopted on 26 July 2024. No derivative securities were transacted in this filing.

The trade represents a small fraction of both the director’s total beneficial holdings and Alphabet’s daily trading volume, suggesting limited strategic or financial impact on the company.

Streamline Health Solutions, Inc. (Nasdaq: STRM) has filed a preliminary Schedule 14A seeking stockholder approval for its $5.34-per-share all-cash merger with Mist Holding Co., the parent of MDaudit. At closing, Merger Sub will merge into Streamline, which will become a wholly-owned subsidiary of MDaudit and cease to be publicly traded.

Key economic terms

• Cash consideration of $5.34 per share, representing a 138 % premium to the 5/28/25 close and 117 % to the 30-day VWAP.
• No financing contingency; Parent states it has sufficient cash on hand to fund the deal and related costs.
• Options and warrants with exercise prices below $5.34 will be cashed-out; all currently outstanding options and warrants are “out-of-the-money” and will be cancelled for no consideration.
• Termination fee payable by Streamline to Parent is $950 K; no reverse termination fee disclosed.

Governance & process

• The Streamline Board unanimously approved the merger, deemed it fair, and recommends voting “FOR” all proposals.
• Cain Brothers rendered a fairness opinion to the Board on 5/28/25.
• Certain directors and officers entered into Voting & Support Agreements, committing their shares to support the transaction (exact percentage not yet specified).
• Completion requires the affirmative vote of at least 66 2/3 % of outstanding shares. Failure to vote counts as an “AGAINST.”

Timeline & conditions

• Special Meeting will be held virtually on a date to be set; record date also to be set.
• Expected closing is Q3 2025, subject to stockholder approval and customary conditions (no financing or regulatory conditions highlighted).
• Outside date for termination is 12/31/25.

Post-closing the STRM shares will be delisted from Nasdaq and deregistered under the Exchange Act. Stockholders who properly perfect appraisal rights under Delaware law may seek a court-determined “fair value” instead of the $5.34 cash payment.

Form 4 overview: Alphabet Inc. (GOOGL) reported insider activity for John Kent Walker, President, Global Affairs & Chief Legal Officer, covering transactions on 25 June 2025. The filing documents routine vesting of Google Stock Units (GSUs) and related share withholding for taxes, rather than open-market trades.

Key transactions (Table I):

• GSU vesting (Code C): 7,054 + 4,726 + 6,025 Class C GSUs converted into the same number of Class C shares at $0 cost.
• Tax withholding (Code F): 7,133 + 4,779 + 6,092 shares automatically withheld and delivered back to the company at a reference price of $167.74 to cover statutory tax obligations.
• Additional conversion: 17,804 Class C shares were issued directly at $0, increasing Walker’s direct share count.

Post-transaction ownership:

• Direct: 98,543 Class C GSUs/shares (aggregate of the three grants after vesting and withholding) plus 41,305 Class C shares.
• Indirect: 66,819 Class C shares held by the Arete Trust (Walker & Diana Ruth Walsh, Trustees).

Vesting schedules disclosed: Footnotes detail multi-year vesting for three GSU grants, with quarterly vesting through 2028, contingent on continued employment.

Investor takeaway: The filing reflects scheduled equity vesting and obligatory tax-related share dispositions. No discretionary purchase or sale was reported, signalling a routine, non-market-moving event.