Hennessy John L. 4

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.