Schindler Philipp 4
4 · Alphabet Inc. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Alphabet SVP Philipp Schindler Receives Shares; 2,013 Withheld
What Happened Philipp Schindler, SVP & Chief Business Officer of Alphabet (GOOGL), had GSUs vest on May 25, 2026. Those GSUs converted into 1,995 Class C shares (conversion price $0.00). To satisfy tax withholding on the vesting, 2,013 shares were withheld/disposed at $379.38 per share, valued at $763,692. This transaction represents vesting of an award and routine tax withholding, not an open-market purchase.
Key Details
- Transaction date: 2026-05-25; Form 4 filed 2026-05-27 (marked late, "L").
- Conversion (code C): 1,995 shares acquired at $0.00 (GSU conversion upon vesting).
- Tax withholding (code F): 2,013 shares disposed at $379.38 each, total value $763,692, to satisfy tax obligations.
- Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
- Relevant footnotes: F1–F5 describe GSU vesting schedules; F2 notes the grant was previously reported; F3 confirms shares were withheld to satisfy tax liabilities.
- Transaction codes: C = conversion of derivative security (GSU → shares); F = payment/tax withholding (often a sell-to-cover).
Context This was a vesting event (receipt of shares through GSUs) with routine tax withholding — not an insider purchasing or selling shares to express a market view. The withheld shares slightly exceed the newly converted shares (2,013 withheld vs. 1,995 converted); the filing does not explain whether the excess withholding was covered by other holdings. The Form 4 was filed late, which reduces timeliness of public disclosure but does not change the nature of the transactions.
Insider Transaction Report
- Conversion
Class C Google Stock Units
[F1][F2]2026-05-25−1,995→ 88,243 total - Tax Payment
Class C Google Stock Units
[F1][F3]2026-05-25$379.38/sh−2,013$763,692→ 86,230 total - Conversion
Class C Capital Stock
[F2]2026-05-25+1,995→ 907,893 total
- 36,516
Class C Google Stock Units
[F4] - 75,562
Class C Google Stock Units
[F5] - 23(indirect: By Trust)
Class C Capital Stock
Footnotes (5)
- [F1]Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSUs as each GSU vests. 43/285 of GSUs will vest on the 25th of the month of the Grant Date; 43/1140 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 43/1140 every 1 month(s) for 8 event(s); 13/570 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 13/285 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 13/570 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 13/570 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).
- [F2]Vesting of GSUs grant of which was previously reported in Form 4.
- [F3]Shares withheld to satisfy tax obligations arising out of vesting of GSUs.
- [F4]1/6th of the GSU grant vested on June 25, 2024; 1/12th of the GSU grant vested on September 25, 2024, and an additional 1/12th of the grant vests quarterly thereafter on the 25th day of the month until fully vested, subject to continued employment on the applicable vesting dates.
- [F5]The GSUs will vest as follows: (i) 1/10th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; and (ii) 3/40th of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026, and on the 1st day of the month from April 1, 2027 through January 1, 2028, subject to continued employment on the applicable vesting dates.