Hennessy John L. 4
4 · Alphabet Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Alphabet (GOOGL) Director John L. Hennessy Sells 1,050 Shares
What Happened
John L. Hennessy, a director of Alphabet Inc. (GOOGL), sold a total of 1,050 shares in multiple open-market transactions on May 15, 2026 for aggregate proceeds of $412,919. The sales were executed in 11 lots (sizes and proceeds listed below) at weighted-average prices; individual transaction prices in the filing range roughly from $391.20 to $395.42 per share. These were sales (transaction code "S"), which are typically routine dispositions rather than an affirmative buy signal.
Key Details
- Transaction date: May 15, 2026 (reported on Form 4 filed May 19, 2026). Filing appears timely (filed within the Form 4 two-business-day window).
- Total shares sold: 1,050; Total proceeds: $412,919.
- Price range (per filing): approximately $391.20 to $395.42; reported prices are weighted averages and several footnotes disclose narrower price ranges for specific lots. The filing offers to provide a full breakdown of shares sold at each separate price upon request.
- Lot-by-lot breakdown (as reported):
- 37 shares @ $391.89 = $14,500
- 134 shares @ $392.86 = $52,643
- 90 shares @ $393.75 = $35,438
- 39 shares @ $394.95 = $15,403
- 134 shares @ $392.41 = $52,583
- 171 shares @ $393.54 = $67,295
- 45 shares @ $394.96 = $17,773
- 199 shares @ $392.79 = $78,165
- 138 shares @ $393.79 = $54,343
- 32 shares @ $391.20 = $12,518
- 31 shares @ $395.42 = $12,258
- Shares owned after the transaction: not provided in the excerpt of the filing supplied here.
- Notable footnotes: several notes (F1–F9) state the reported prices are weighted averages and list the price ranges for those lots; F10–F13 describe Class C Google Stock Units (GSUs) vesting schedules and confirm GSUs convert to one share as they vest. The filing does not indicate a 10b5‑1 plan or late filing.
Context
Sales by directors can reflect routine needs (taxes, diversification, liquidity) and do not necessarily signal a change in view on the company; purchases are generally considered more informative about insider confidence. The filing’s footnotes show the reporter has GSUs that vest monthly and GSUs convert to Class C shares as they vest, which can be a routine source of shares that are then sold.
Insider Transaction Report
- Sale
Class C Capital Stock
[F1]2026-05-15$391.89/sh−37$14,500→ 3,544 total(indirect: By Trust) - Sale
Class C Capital Stock
[F2]2026-05-15$392.86/sh−134$52,643→ 3,320 total(indirect: By Trust) - Sale
Class C Capital Stock
[F3]2026-05-15$393.75/sh−90$35,438→ 3,454 total(indirect: By Trust) - Sale
Class C Capital Stock
[F4]2026-05-15$394.95/sh−39$15,403→ 3,281 total(indirect: By Trust) - Sale
Class C Capital Stock
[F5]2026-05-15$392.41/sh−134$52,583→ 3,147 total(indirect: By Trust) - Sale
Class C Capital Stock
[F6]2026-05-15$393.54/sh−171$67,295→ 2,976 total(indirect: By Trust) - Sale
Class C Capital Stock
[F7]2026-05-15$394.96/sh−45$17,773→ 2,931 total(indirect: By Trust) - Sale
Class C Capital Stock
[F8]2026-05-15$392.79/sh−199$78,165→ 2,732 total(indirect: By Trust) - Sale
Class C Capital Stock
[F9]2026-05-15$393.79/sh−138$54,343→ 2,594 total(indirect: By Trust) - Sale
Class C Capital Stock
2026-05-15$391.20/sh−32$12,518→ 2,562 total(indirect: By Trust) - Sale
Class C Capital Stock
2026-05-15$395.42/sh−31$12,258→ 2,531 total(indirect: By Trust)
- 20,624(indirect: By Trust)
Class A Common Stock
- 895
Class C Capital Stock
- 202
Class C Google Stock Units
[F10] - 1,522
Class C Google Stock Units
[F11] - 1,193
Class C Google Stock Units
[F12] - 2,285
Class C Google Stock Units
[F13]
Footnotes (13)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $391.26 to $392.14, inclusive. The Reporting Person undertakes to provide to any security holder of Alphabet Inc. or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (11) to this Form 4.
- [F10]The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest. 1/48th of GSU grant vested on July 25, 2021 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
- [F11]1/48th of GSU grant vested on July 25, 2023 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
- [F12]1/48th of GSU grant vested on July 25, 2022 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
- [F13]1/48 of GSUs will vest on the 25th day of each month following the grant date for 31 months and on the 1st day of each month for the following 17 months, subject to continued employment on such vesting dates.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $392.32 to $393.25 inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $393.36 to $394.18, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $394.76 to $395.08, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $391.97 to $392.88, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $393.08 to $393.91, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $394.53 to $395.23, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $392.30 to $393.22, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $393.42 to $394.06, inclusive.