Pichai Sundar 4

What Happened
Sundar Pichai, CEO of Alphabet Inc., had GSUs vest on March 25, 2026. As a result, 10,998 Class C shares were issued to him on conversion of the derivative GSUs (reported as Code C). To satisfy tax withholding obligations, 11,100 shares were withheld/disposed (reported as Code F). All conversion and withholding transactions were reported at $0 per share because they result from vesting and tax withholding rather than an open‑market trade.

Key Details

• Transaction date: 2026-03-25; Form 4 filed 2026-03-27 (timely filing).
• Acquired: 10,998 shares via conversion of GSUs (Code C) at $0.00.
• Disposed: 11,100 shares withheld to satisfy tax liabilities (Code F) and an additional Code C disposition entry for 10,998 shares (reporting artifact of conversion).
• Reported value: $0 for the conversion entries (these reflect vesting/conversion, not cash purchases or sales).
• Shares owned after the transaction: Not specified in the excerpt provided. See full Form 4 for total holdings.
• Footnotes: F1–F3 explain GSU vesting schedule and that shares were withheld for taxes. F4–F5 note related annuity trusts for the reporting person and spouse.

Context
This was a vesting-related conversion of GSUs into Alphabet Class C shares and simultaneous tax‑withholding—not an open‑market sale or purchase. Such transactions are routine compensation actions and do not necessarily indicate insider buying or selling intent.