Ashkenazi Anat 4
Research Summary
AI-generated summary
Alphabet (GOOGL) CFO Anat Ashkenazi Receives Award; Shares Withheld
What Happened
Anat Ashkenazi, Chief Financial Officer of Alphabet Inc. (GOOGL), had Google Stock Units (GSUs) vest on March 25, 2026. The Form 4 shows conversion of GSUs into Class C shares: 8,870 shares were delivered to her (acquired) and a total of 7,964 shares were withheld/disposed to satisfy tax obligations. The withheld shares were valued at $289.20 per share, totaling $1,203,940 and $1,099,249 respectively (combined ≈ $2,303,189). These transactions reflect vesting and tax-withholding, not an open-market sale or purchase.
Key Details
- Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (filed within the standard reporting window).
- Reported entries: conversions of GSUs (transaction code C) and shares withheld for taxes (transaction code F).
- Withheld shares: 4,163 shares ($1,203,940) and 3,801 shares ($1,099,249) — total withheld = 7,964 shares.
- Shares delivered/retained: 8,870 Class C shares were reported as acquired.
- Price used for valuation of withheld shares: $289.20 per share.
- Footnotes indicate these were GSUs vesting per the grant schedule and that shares were withheld to satisfy tax obligations (cashless withholding).
- Post-transaction total beneficial ownership is not specified in the supplied summary of the filing.
Context
This is a routine vesting of equity compensation (GSUs) with the company withholding shares to cover tax liabilities — a common administrative step that does not indicate a market-driven sale or purchase decision by the insider. Transaction codes: C = conversion of derivative security (GSU → share); F = shares withheld to satisfy tax liability.