Alphabet (GOOGL) Director Shriram Kavitark Ram Receives 87,652 Shares as Gift

What Happened

• Shriram Kavitark Ram, a director of Alphabet Inc. (GOOGL), reported gifts/annuity payments on May 29, 2026. The filing shows transfers of 87,652 shares of Class C capital stock (reported at $0.00 per share) that the reporting person characterizes as annuity payments from family irrevocable trusts.
• The filing records these as gift (G) transactions with total reported value $0.00. The reporting person and his spouse each received an annuity payment of 87,652 shares from separate 2025 GRATs (per footnotes), and the reporting person asserts the transfers are a mere change in form of beneficial ownership and exempt under Rule 16a-13.

Key Details

• Transaction date: May 29, 2026; Filing date: June 1, 2026 (appears timely).
• Transaction type: Gift / annuity payment (SEC code G); price reported $0.00 per share.
• Shares transferred: 87,652 shares (reported per annuity) — appears for both the reporting person and the reporting person’s spouse in related trust transfers.
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Notable footnotes: F1 and F2 state the transfers are annuity payments from 2025 GRATs and the filer believes they qualify as a mere change in form of beneficial ownership exempt from Section 16(a) and 16(b) under Rule 16a-13.
• No indication in this filing of a sale, purchase for cash, or market-directed trade.

Context

• Gifts/annuity transfers to or from trusts are generally administrative and do not necessarily reflect the insider’s view of the stock; the filer explicitly treats these as changes in form of ownership and claims an exemption under Rule 16a-13.
• Because these were reported as gifts/annuity payments at $0.00, they do not represent a cash purchase or sale that would indicate a trading signal for investors.