Alphabet SVP Philipp Schindler Receives GSUs; Shares Withheld

What Happened

• Philipp Schindler, Senior Vice President & Chief Business Officer of Alphabet (GOOGL), had Class C Google Stock Units (GSUs) convert into shares on July 25, 2026. The filing shows 1,996 shares acquired via conversion of GSUs and, to satisfy tax withholding obligations tied to the vesting, 2,014 shares were disposed at $319.09 per share for a total value of $642,647. The filing also records a procedural conversion/disposition entry for 1,996 shares at $0.00.

Key Details

• Transaction date: July 25, 2026; Filing date: July 28, 2026.
• Withheld shares: 2,014 shares disposed at $319.09/share = $642,647 (tax withholding, code F).
• GSUs converted: 1,996 shares (conversion of derivative security, code C; some conversion entries reported as acquired and disposed at $0.00 in the filing).
• Shares owned after transaction: not specified in the provided filing details.
• Notable footnotes: F2 indicates these GSUs were a previously reported grant that vested; F3 confirms shares were withheld to satisfy tax obligations; other footnotes describe the GSU vesting schedule.
• Timeliness: Transactions dated 7/25/2026 were filed on 7/28/2026 (filed three days later); investors may check whether this meets the SEC’s 2-business-day Form 4 filing rule.

Context

• This was a routine vesting/conversion of compensation GSUs, not an open-market purchase or sale for investment. The disposal of shares here reflects tax withholding (a common cashless mechanism) rather than an outright sale for cash by the insider. Transaction codes in the filing: C = conversion of derivative security (GSUs → shares); F = payment of exercise price or tax liability (shares withheld).