ARNOLD FRANCES 4
Research Summary
AI-generated summary
Alphabet (GOOGL) Director Frances Arnold Sells 102 Shares
What Happened
- Frances Arnold, a director of Alphabet Inc. (GOOGL), sold 102 shares in an open-market/private sale on April 30, 2026 at $371.00 per share, generating proceeds of $37,842. This was a disposition (sale), which is often routine for insiders and does not by itself indicate a change in company outlook.
Key Details
- Transaction date and price: 2026-04-30, 102 shares at $371.00 each.
- Proceeds: $37,842 (102 × $371.00).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Plan/footnotes: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2025 (per the Form 4 remarks). Footnotes F1–F4 in the filing describe Google Stock Unit (GSU) vesting schedules that can convert to Class C shares over time.
- Filing timeliness: Report filed on May 1, 2026 for an April 30, 2026 transaction — appears to have been filed promptly (within standard Form 4 timing).
Context
- A 10b5-1 plan allows insiders to prearrange trades; sales under such plans are typically automatic and may reflect pre-set rules rather than active market timing.
- Footnotes indicate the reporter holds GSUs that vest over monthly schedules; such vested units can result in share receipts that are then sold. This filing reports the sale itself, not the underlying grant timing.