Porat Ruth 4

What Happened

• Ruth Porat, President and Chief Investment Officer of Alphabet Inc. (GOOGL), had Google Stock Units (GSUs) vest on March 25, 2026. The vesting resulted in the conversion of GSUs into shares: 8,994 shares were issued to her and 9,078 shares were surrendered/withheld to satisfy tax obligations.
• The withheld shares were recorded as disposals at $289.20 per share, totaling $1,383,822 (4,785 shares) and $1,241,536 (4,293 shares), for a combined tax withholding of $2,625,358. This was vesting and tax-withholding activity, not an open-market sale or purchase.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely).
• Price used for tax withholding: $289.20 per share.
• Shares acquired: 8,994 (conversion of GSUs). Shares withheld/disposed to cover taxes: 9,078 (4,785 + 4,293), total value ~$2.63M.
• Transaction codes: C = conversion of derivative security (GSU vesting to shares); F = shares withheld to satisfy tax liability.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Relevant footnotes: F1–F2 describe the GSU vesting schedule; F6 notes these GSUs were previously reported as granted; F7 confirms shares were withheld to satisfy tax obligations. Other footnotes (F3–F5) reference trust roles.

Context

• This was a routine vesting and tax-withholding event (GSUs converting to common stock), effectively a cashless/net-share settlement to cover taxes. It is not an open-market purchase or directional sale and should be interpreted as compensation vesting rather than a personal buy/sell decision.