Ashkenazi Anat 4
Research Summary
AI-generated summary
Alphabet (GOOGL) CFO Anat Ashkenazi Converts GSUs; Shares Withheld
What Happened
Anat Ashkenazi, Chief Financial Officer of Alphabet Inc. (GOOGL), had GSUs vest on April 25, 2026. The filing shows conversion of 7,051 derivative GSUs into Class C shares (acquired at $0.00) and related disposals recorded at $0.00. In addition, 7,117 shares were surrendered/withheld to satisfy tax withholding obligations (no cash proceeds shown).
Key Details
- Transaction dates: April 25, 2026 (reported on Form 4 filed April 28, 2026).
- Conversions: 7,051 shares converted (code C) at $0.00 per share (acquired then recorded disposed at $0.00).
- Tax withholding: 7,117 shares disposed (code F) at $0.00 to satisfy tax liabilities; these shares were withheld rather than sold on the open market.
- Shares owned after the transaction: not specified in the provided filing details.
- Relevant footnotes: F1 indicates vesting of a previously reported GSU grant; F3/F4 describe the GSU vesting schedules; F5 confirms shares were withheld to satisfy tax obligations.
- Transaction codes explained: C = conversion of derivative security (GSU → Class C share); F = shares withheld for tax payment.
Context
This was a routine vesting/conversion of restricted equity (GSUs) and withholding to cover taxes — common for executives when awards vest. No open-market sale or cash purchase is indicated, so this filing does not represent a directional buy or sell in the open market. These actions are administrative (vesting and tax withholding) rather than a discretionary sale or purchase signal.