Hennessy John L. 4

What Happened

• John L. Hennessy, a director of Alphabet Inc. (GOOGL), sold a total of 1,050 shares in open-market transactions on June 15, 2026, generating aggregate proceeds of approximately $387,064. The disposals were reported in multiple lots with weighted-average prices; individual lots were reported at prices in the mid-$360s to about $370 (see footnotes for ranges).
• The filing also shows small acquisitions on the same date totaling 3.1 shares (recorded as awards/units at $0.00); these relate to Google Stock Units (GSUs) and dividend equivalent units (DEUs) that vest according to the schedules in the footnotes.

Key Details

• Transaction date: June 15, 2026 (filed on June 18, 2026 — the filing appears one business day late under standard Form 4 timing rules).
• Total sold: 1,050 shares for total proceeds ≈ $387,064 across multiple trades; per-lot quantities and reported amounts are listed in the filing.
• Prices: weighted-average prices reported per lot; sale price ranges across lots roughly between $365.91 and $370.34 (see footnotes F1–F12 for specific ranges).
• Awards: Acquired 0.1, 1, 1, and 1 share-equivalents (total ~3.1) from GSUs/DEUs; GSUs/DEUs vest monthly per the footnotes.
• Plan/Reason: All sales were executed pursuant to a Rule 10b5-1 trading plan adopted November 10, 2025 (reported in the filing’s remarks).
• Shares owned after transaction: not specified in the excerpt of the filing provided.

Context

• Sales made under a 10b5-1 trading plan are typically pre-arranged and are considered routine rather than an immediate signal of management sentiment; the small award entries reflect vesting of GSUs/DEUs rather than open-market purchases.
• For retail investors, purchases by insiders can be more informative than routine plan-driven sales; here, the activity appears to be plan-based disposals and vesting-related awards.