4Accepted Aug 27, 7:56 PM ET
Alphabet (GOOGL) SVP Philipp Schindler Receives Vesting Shares
Accepted (ET)
7:56 PM
Aug 27, 2026
Filed
Aug 27, 2026
Documents
1
Size
11.2 KB
Summary
Alphabet (GOOGL) SVP Philipp Schindler Receives Vesting Shares
What Happened
Philipp Schindler, SVP and Chief Business Officer of Alphabet (GOOGL), had Google Stock Units (GSUs) vest on August 25, 2026. The filing shows 1,996 shares converted/issued to him (reported at $0, reflecting vesting rather than a purchase) and 2,015 shares were withheld/disposed to satisfy tax obligations, valued at $344.59 per share for a total tax-withholding value of $694,349. The Form 4 was filed on August 27, 2026.
Key Details
- Transaction date: August 25, 2026; Form 4 filed August 27, 2026 (no late filing indicated).
- Conversion (vesting) reported: 1,996 shares @ $0.00 (acquired via conversion of GSUs).
- Tax withholding (disposition): 2,015 shares @ $344.59 = $694,349 (shares withheld to cover taxes).
- Filing also shows a paired conversion/disposition entry of 1,996 shares at $0 (technical entry tied to the GSU conversion).
- Shares owned after the transaction are not specified in the provided excerpt.
- Notable footnotes: F3 confirms shares were withheld to satisfy tax obligations; F2/F1/F4/F5 describe the original GSU grant and vesting schedule (previously reported grants and staged vesting).
Context
This was a routine vesting of previously granted GSUs, not an open-market buy or directional sale by the insider. The $0 acquisition price indicates shares were issued on vesting; the disposition code (F) reflects shares withheld to pay taxes (a common cashless-style settlement), not an active sale of additional shares for cash. Such vesting and withholding transactions are typical for equity compensation and do not by themselves indicate bullish or bearish insider trading.