Schindler Philipp 4

What Happened

• Philipp Schindler, SVP & Chief Business Officer of Alphabet (GOOGL), had Google Stock Units (GSUs) convert into 11,430 Class C shares on 2026-03-25.
• To satisfy tax liabilities related to the vesting, portions of the converted shares were withheld/disposed: two conversion-related disposals (6,057 and 5,373 shares at $0.00) and two tax-withholding/disposal entries of 6,114 and 5,422 shares at $289.20 per share, totaling $1,768,169 and $1,568,042 respectively (combined ~$3.34M).
• This was a vesting/conversion of derivative awards (GSUs) with shares withheld to cover taxes — not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-25; Form 4 filed 2026-03-27 (timely filing).
• Prices reported: conversion entries $0.00; tax-withholding entries at $289.20 per share.
• Tax withholding/disposed shares: 6,114 shares ($1,768,169) and 5,422 shares ($1,568,042); combined value ≈ $3,336,211.
• Conversion (acquired) entry: 11,430 Class C shares (from GSUs). Other conversion entries show 6,057 and 5,373 shares as disposed (see filing).
• Shares owned after the transactions: not specified in the excerpt of the filing provided.
• Relevant footnotes: F1/F2 explain GSUs convert 1:1 to Class C shares as they vest; F3 indicates shares were withheld to satisfy tax obligations; F4 lists the remaining GSU vesting schedule.
• Transaction codes: C = conversion of derivative security (GSU vesting); F = payment of exercise price or tax liability (shares withheld).

Context

• This is routine vesting of equity awards, not an indication of a deliberate open-market sale or buy. The withholding of shares to cover taxes is a common cashless way to satisfy tax obligations when awards vest.
• Because the filing reports conversions of GSUs and related tax-withholding, there is no direct buy/sell signal about Schindler’s market view; it documents compensation vesting and tax settlement.