WALKER JOHN KENT 4
Research Summary
AI-generated summary
Alphabet (GOOGL) CLO John Walker Receives 8,994 Shares
What Happened
John K. Walker, President, Global Affairs and Chief Legal Officer of Alphabet Inc., had Class C Google Stock Units (GSUs) convert/vest on March 25, 2026. The Form 4 shows a conversion resulting in 8,994 Class C shares acquired (conversion code C, $0.00 per share). In connection with vesting, 9,078 shares were withheld to satisfy tax liabilities (reported as dispositions under code F) at $289.20 per share, generating two cash amounts of $1,383,822 and $1,241,536 (total $2,625,358). These transactions reflect vesting and tax withholding rather than an open-market sale.
Key Details
- Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely within the typical 2-business-day window).
- Conversions reported: 4,740 shares (C, disposed), 4,254 shares (C, disposed), and 8,994 shares (C, acquired) — all reported as GSUs converting to Class C stock.
- Tax withholding: 4,785 shares and 4,293 shares withheld at $289.20/share (F), totaling $1,383,822 and $1,241,536; combined withholding ≈ $2,625,358.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Footnotes: GSUs convert to one Class C share per unit as they vest; vesting schedule and that this grant was previously reported are noted (see F1–F4). Footnote F3 confirms shares were withheld to satisfy tax obligations.
- Transaction codes: C = conversion of derivative security (GSU vesting); F = shares withheld/used to pay tax obligations.
Context
GSUs are a form of equity award that convert to shares as they vest. Withholding shares to cover taxes (code F) is a common, routine outcome of vesting — effectively a cashless way to pay the tax bill — and does not indicate an open-market sale or a directional bet on the stock. This filing documents vesting and tax-related dispositions rather than discretionary selling or buying by the insider.