Schindler Philipp 4
4 · Alphabet Inc. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Alphabet SVP Philipp Schindler Receives Vested Shares
What Happened
Philipp Schindler, SVP and Chief Business Officer at Alphabet (GOOGL), had Google Stock Units (GSUs) convert to Class C shares on June 25, 2026. The filing shows he acquired 13,433 shares from GSU vesting and that 13,557 shares were withheld to satisfy tax obligations, valued at $345.04 per share for a total withholding of $4,677,708. These transactions reflect vesting and tax-withholding (not an open-market sale or purchase).
Key Details
- Transaction date: June 25, 2026. Filing date: June 29, 2026 (filed within the normal Form 4 timeframe).
- Price used for tax withholding valuation: $345.04 per share.
- Shares acquired: 13,433 (reported as conversion of GSUs).
- Shares withheld to cover taxes: 13,557, total value $4,677,708 (three withholding events: 6,117; 5,425; 2,015 shares).
- Transaction codes: C = conversion of derivative security (GSU → share); F = shares withheld to pay tax liability.
- Shares owned after the transaction: not specified in the summary data from the filing.
- Relevant footnotes: GSUs convert 1:1 into Class C shares as they vest (footnote F1). Footnote F3 confirms shares were withheld to satisfy tax obligations. Other footnotes describe the vesting schedule.
Context
This was vesting of previously granted GSUs with shares withheld for taxes (a routine, cashless withholding action). Such tax-withholding dispositions are common and do not represent an open-market sale or a purchase signal. No 10b5-1 plan or gift was indicated in these entries.
Insider Transaction Report
- Conversion
Class C Google Stock Units
[F1][F2]2026-06-25−6,061→ 30,476 total - Tax Payment
Class C Google Stock Units
[F1][F3]2026-06-25$345.04/sh−6,117$2,110,610→ 24,359 total - Conversion
Class C Google Stock Units
[F4][F2]2026-06-25−5,376→ 70,232 total - Tax Payment
Class C Google Stock Units
[F4][F3]2026-06-25$345.04/sh−5,425$1,871,842→ 64,807 total - Conversion
Class C Google Stock Units
[F5][F2]2026-06-25−1,996→ 84,285 total - Tax Payment
Class C Google Stock Units
[F5][F3]2026-06-25$345.04/sh−2,015$695,256→ 82,270 total - Conversion
Class C Capital Stock
[F2]2026-06-25+13,433→ 921,326 total
- 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. 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.
- [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]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.
- [F5]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).