Hennessy John L. 4

What Happened

• John L. Hennessy, a director of Alphabet Inc. (GOOGL), sold a total of 600 shares in multiple open-market transactions on February 13, 2026, disposing of eight lots. The trades were executed at prices between roughly $305.47 and $307.79 per share, generating aggregate proceeds of approximately $184,038. These transactions are reported as sales (code S).

Key Details

• Transaction date: February 13, 2026; Form 4 filed February 17, 2026 (appears timely).
• Individual lots reported: 92 @ $306.12 ($28,163); 80 @ $306.97 ($24,558); 28 @ $307.77 ($8,618); 79 @ $306.13 ($24,184); 159 @ $306.90 ($48,797); 47 @ $307.64 ($14,459); 78 @ $306.11 ($23,877); 37 @ $307.61 ($11,382).
• Aggregate: 600 shares sold for ≈ $184,038; per-share prices across transactions ranged about $305.47–$307.79 (weighted-average pricing noted in footnotes).
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Notable footnotes: multiple weighted-average price ranges noted (F1–F8); GSUs and vesting schedules referenced (F9–F12) — GSUs convert to Class C shares as they vest.
• All sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the John L. Hennessy and Andrea J. Hennessy Revocable Trust (adopted Nov 5, 2024).

Context

• These were scheduled open-market sales under a 10b5-1 plan, which is a prearranged trading arrangement commonly used by insiders to regularly sell shares and reduce concerns about trading on nonpublic information. Sales under such plans are typically considered routine rather than a direct signal about company outlook.
• The filing shows disposals of vested equity (footnotes reference GSUs and vesting schedules), which is common for director compensation; this is not an option exercise or a gift.