Ashkenazi Anat 4

What Happened

• Anat Ashkenazi, Chief Financial Officer of Alphabet Inc. (GOOGL), had restricted Google Stock Units (GSUs) vest on May 25, 2026. The GSUs converted into Class C shares. After withholding 1,780 shares to satisfy tax obligations (valued at $379.38 each, total $675,296), 1,763 Class C shares were reported as acquired by conversion.
• This was a vesting/tax-withholding event (routine compensation-related) rather than an open-market purchase or a discretionary sale.

Key Details

• Transaction date: 2026-05-25; Form 4 filed: 2026-05-27 (appears to be filed within the normal two-business-day window).
• Conversion price: $0.00 per share for the GSU-to-share conversion (derivative conversion); tax-withheld shares valued at $379.38 each (total $675,296).
• Shares reported acquired by conversion: 1,763 Class C shares; shares withheld for taxes (disposition): 1,780.
• Footnotes of note:
  • F1/F2: GSUs convert 1-for-1 into Class C shares as they vest; this vesting was from a previously reported grant.
  • F3: The 1,780 shares were withheld specifically to satisfy tax obligations arising from vesting.
  • F4/F5: Additional vesting schedules for other GSU grants are described in the filing.
• Shares owned after the transaction: not disclosed in the provided excerpt.
• Transaction codes: C = conversion of derivative security (GSU → shares); F = shares withheld/used to pay tax liability.

Context

• This was a standard vesting and withholding event (not a market buy or sale). The tax-withholding is effectively a cashless settlement—some vested shares are retained/forfeited to cover withholding, and the remainder are delivered to the insider.
• Such vesting events are routine executive compensation and do not necessarily signal a change in insider sentiment. Purchases would typically be more informative about conviction.