Alphabet (GOOGL) SVP Philipp Schindler Receives 13,442 Shares

What Happened

• Philipp Schindler, SVP & Chief Business Officer of Alphabet (GOOGL), had Google Stock Units (GSUs) convert into Class C shares on September 25, 2026. The filing shows conversions of GSUs and tax-withholding transactions: a net 13,442 Class C shares were acquired/issued to him.
• To satisfy tax obligations, 13,566 shares were withheld/sold at $339.01 per share, generating approximately $4,599,009 in tax withholding proceeds (three withholding transactions of $2,075,080; $1,840,485; $683,444).
• Transaction types: C = conversion of derivative security (GSU -> share); F = shares withheld/sold to pay tax obligations.

Key Details

• Transaction date: September 25, 2026. Form 4 filed September 29, 2026 (timely).
• Price used for tax withholding: $339.01 per share.
• Shares acquired/issued (net retained): 13,442 Class C shares (reported as "Acquired").
• Shares withheld to cover taxes: 13,566 shares (sold/forfeited) for ~$4.60M total.
• Footnotes: These were GSUs that vested (see footnotes F1–F5 for vesting schedules); F3 confirms shares were withheld to meet tax obligations.
• Shares owned after transaction: Not specified in the provided excerpt of the filing—see the full Form 4 for total holdings.

Context

• This was a vesting/conversion of restricted stock units (GSUs), not an open-market purchase or a voluntary sale; withholding of shares to cover taxes is routine and does not necessarily indicate a change in sentiment.
• Because some converted shares were withheld/sold to pay taxes (a "sell-to-cover" style action), the filing shows both conversion (C) and tax-withholding (F) entries rather than a market sale (S) by the insider.