Schindler Philipp 4/A

What Happened Philipp Schindler, SVP & Chief Business Officer of Alphabet (GOOGL), received 227,313 shares on 2026-01-13 as the settlement of performance stock units (PSUs) granted May 3, 2023. The award was settled at $0 per share (award settlement). To satisfy tax obligations, 113,745 of those shares were withheld/disposed at $332.73 per share, resulting in proceeds of $37,846,374.

Key Details

• Transaction date: January 13, 2026 (reporting period 2026-01-13). Amendment filed 2026-02-20 to correct the number of shares acquired.
• Award: 227,313 shares (PSU settlement at 200% of target). Originally misreported as 113,568 shares on the Form 4 filed 2026-01-15; this filing corrects that error.
• Tax withholding: 113,745 shares withheld/disposed at $332.73 each for $37,846,374 (code F — tax withholding).
• Why 200% payout: Alphabet’s total shareholder return (TSR) for the three-year period ending 12/31/2025 was 203.65%, ranking 92.86th percentile vs. the S&P 100, triggering the maximum 200% PSU payout (including share-settled dividends).
• Shares owned after transaction: not specified in the provided filing.
• Filing status: This is an amended Form 4 correcting the previously reported share count.

Context These were PSUs that vested based on performance, not an open-market purchase or exercise for cash; the award was settled in shares and a portion was withheld to cover taxes (a common practice). The disposal listed is solely the withholding to satisfy tax liabilities and does not necessarily indicate a discretionary sale by the insider.