Alphabet Inc.·4

Apr 29, 7:10 PM ET

Schindler Philipp 4

Research Summary

AI-generated summary

Updated

Alphabet (GOOGL) SVP Philipp Schindler Receives GSUs; Shares Withheld

What Happened

  • Philipp Schindler, SVP & Chief Business Officer of Alphabet Inc., had Class C Google Stock Units (GSUs) vest and convert into Class C shares on 2026-04-25. The filing shows conversion of 7,980 GSUs into shares and a separate withholding/disposition of 8,054 shares to satisfy tax obligations valued at $342.32 per share, totaling $2,757,045.
  • Transaction codes: C = conversion of derivative security (GSUs) into shares; F = shares withheld/used to pay tax liability. This is a vesting/settlement event rather than an open-market buy or sell.

Key Details

  • Transaction date: April 25, 2026. Filing date (Accession): April 29, 2026.
  • Conversion: 7,980 shares reported as acquired via conversion (price $0.00). Withholding: 8,054 shares disposed at $342.32 per share for $2,757,045 to cover taxes (footnote F3 indicates shares were withheld to satisfy tax obligations).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Notable footnotes: F1 describes the GSU vesting schedule; F2 notes these GSUs were from a previously reported grant; F3 confirms share withholding for taxes. No 10b5-1 plan or late-filing flag was indicated in the excerpt.

Context

  • This was a vesting/settlement of restricted-equity units (GSUs). The withholding of shares to cover taxes is a common "sell-to-cover" or share-withholding practice and does not necessarily signal a voluntary sale for cash.
  • For retail investors: purchases are typically more informative as a bullish signal. This filing documents routine compensation vesting and tax-related withholding rather than an opportunistic insider sale.