Schindler Philipp 4

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.