WALKER JOHN KENT 4
Research Summary
AI-generated summary
Alphabet (GOOGL) John K. Walker Receives GSUs; Shares Withheld for Taxes
What Happened
- John K. Walker, President, Global Affairs and Chief Legal Officer of Alphabet Inc., had Google Stock Units (GSUs) vest and convert into Class C shares on June 25, 2026. The filing shows a conversion (code C) of 10,625 GSUs into 10,625 Class C shares (acquired).
- To satisfy tax withholding obligations (code F), a total of 10,723 Class C shares were disposed/withheld across three withholding events at $345.04 per share, generating tax withholding payments of $1,652,052; $1,481,947; and $565,866 — total approximately $3,699,865.
- Net effect reported in this filing: Walker received 10,625 shares and had 10,723 shares withheld for taxes (net change of -98 shares).
Key Details
- Transaction date: June 25, 2026; Form 4 filed: June 29, 2026 (appears timely — filed within the typical 2 business‑day window).
- Conversion entries recorded at $0.00 per share (GSU conversion); tax withholding disposals recorded at $345.04 per share.
- Withholding amounts by event: $1,652,052 (4,788 shares), $1,481,947 (4,295 shares), $565,866 (1,640 shares); total withholding ≈ $3,699,865.
- Shares owned after the transactions: not disclosed in this filing.
- Footnotes indicate these were vesting GSUs (see F1–F4 for vesting schedule) and that shares were withheld to satisfy tax obligations (F5).
Context
- This was a routine vesting/conversion of equity compensation (GSUs) and not an open‑market sale or purchase. The withholding of shares to cover taxes is common with equity awards and does not by itself indicate insider buying or selling for investment reasons.
- Transaction codes: C = conversion of derivative security (GSU to shares); F = shares withheld to satisfy tax liability.