ARNOLD FRANCES 4
Research Summary
AI-generated summary
Alphabet (GOOGL) Director Arnold Frances Sells 112 Shares
What Happened
Arnold Frances, a director of Alphabet Inc. (GOOGL), sold 112 shares in an open-market transaction on 2026-06-30 at $351.28 per share, for a total of $39,343. This was a sale (S) reported on Form 4 and was executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-06-30. Price: $351.28 per share. Shares sold: 112. Total value: $39,343.
- Transaction type: Open market sale (Code S). Reported on Form 4 filed 2026-06-30 (no late filing indicated).
- Plan disclosure: Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2025.
- Shares owned after transaction: Not reported in the provided filing details.
- Footnotes of note: GSUs (Google Stock Units) convert to one share of Alphabet Class C stock as they vest; vesting occurs monthly in 1/48 increments under the schedules described in footnotes F1–F3 (different start/end month patterns tied to service/board tenure).
Context
- Sales under a pre-established 10b5-1 plan are typically routine and structured to avoid trading on material nonpublic information; they do not by themselves indicate the director’s view on the company’s prospects.
- The reported transaction is a straightforward open-market sale of existing holdings (not an option exercise or gift).