Alphabet (GOOGL) Director John L. Hennessy Gifts 1,738 Shares

What Happened

• John L. Hennessy, a director of Alphabet Inc. (GOOGL), reported a gift transaction on 2026-08-05 involving 1,738 Class C shares (reported as $0.00 per share). The Form 4 shows both a disposition by gift and an acquisition by gift for 1,738 shares at $0, indicating a non‑cash transfer (total reported value $0).

Key Details

• Transaction date: 2026-08-05; Filing date (Accession): 2026-08-06.
• Reported price: $0.00 per share (transaction code G = Gift).
• Shares involved: 1,738 shares (disposed) and 1,738 shares (acquired) as recorded.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: Several footnotes (F1–F4) explain GSU (Class C Google Stock Unit) vesting schedules—GSUs convert to one Class C share per unit as they vest on scheduled dates.
• Timeliness: Filing appears timely (filed the day after the reported transaction); no late‑filing flag indicated.

Context

• Gifts are transfers of shares (often to family members, trusts, or charities) and do not necessarily indicate the insider’s view of the company’s stock; they involve no cash consideration at the recorded price.
• The footnotes clarify these holdings relate to GSUs that vest over time and convert to Class C shares upon vesting; this filing records a gift/transfer of shares rather than an open‑market buy or sell.