Saraci Marsida 4

What Happened
Saraci Marsida, Vice President and Chief Accounting Officer of Alphabet, reported conversion of multiple Google Stock Units (GSUs) on June 25, 2026. A portion of the vested shares were withheld to satisfy tax obligations, and 449 Class C shares were sold in the open market on June 26, 2026 for a weighted average price of $341.72, yielding about $153,432. The sale was executed under a pre-established Rule 10b5‑1 trading plan.

Key Details

• Transaction types: multiple GSU conversions (derivative code C) on 2026-06-25; shares withheld to pay taxes (code F); open-market sale (code S) on 2026-06-26.
• Open-market sale: 449 shares at a weighted average price $341.72, total proceeds ≈ $153,432. Reported sale prices ranged $341.72–$342.72.
• Tax withholding: multiple F entries show shares withheld to satisfy taxes (total ~453 shares withheld, representing roughly $156k at ~$345.04 per share as reported for withholding).
• Footnotes: GSUs convert to one Class C share per unit as they vest (various vesting schedules noted). Footnote F3 specifically denotes shares withheld to satisfy tax obligations.
• 10b5‑1 plan: Sale reported as executed pursuant to a Rule 10b5‑1 plan adopted May 19, 2025.
• Filing/timeliness: Form 4 filed 2026-06-29 covering transactions dated 2026-06-25 and 06-26; filing appears timely based on reported dates.
• Shares owned after transaction: not stated in the excerpt provided.

Context

• These were vesting/conversion events of restricted GSUs, not open-market purchases; tax withholding using shares is common when RSUs/GSUs vest.
• The 10b5‑1 plan indicates the open-market sale was preplanned; such pre-established plans are used to avoid allegations of trading on inside information.
• For retail investors: purchases are generally more informative as bullish signals; this filing mainly documents routine vesting, tax-withholding, and a planned sale rather than a discretionary market-timed trade.