4/A: Alphabet CBO's Stock Award Corrected to 227,313 Shares

An amended SEC filing reveals Alphabet's Chief Business Officer, Philipp Schindler, received 227,313 Class C shares from a performance stock unit award, correcting a previous report.

Summary

• An amendment to a Form 4 filing for Philipp Schindler, SVP, Chief Business Officer of Alphabet Inc., was filed to correct the number of Class C Capital Stock shares acquired.
• The original Form 4, filed on January 15, 2026, inadvertently reported 113,568 shares acquired; the corrected amount is 227,313 shares.
• The shares were acquired on January 13, 2026, upon the certification of performance criteria for performance stock units (PSUs) granted on May 3, 2023.
• Alphabet's Total Shareholder Return (TSR) for the three-year performance period ending December 31, 2025, was 203.65%, ranking at the 92.86th percentile relative to S&P 100 companies.
• This performance resulted in a maximum payout of 200% of the target PSUs, totaling 227,313 shares, including share-settled dividends.
• Concurrently, 113,745 shares of Class C Capital Stock were disposed of at a price of $332.73 per share to satisfy tax obligations arising from the PSU vesting.
• Following these transactions, Philipp Schindler beneficially owns 886,939 shares of Class C Capital Stock.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this filing positively, as it confirms Alphabet's strong performance relative to its S&P 100 peers, leading to a maximum executive compensation payout tied to shareholder value. The amendment is a correction, not an indication of new issues.

Positives

• Alphabet's Total Shareholder Return (TSR) of 203.65% over the three-year performance period significantly outperformed its peers, ranking at the 92.86th percentile relative to S&P 100 companies.
• The strong performance led to a maximum 200% payout of performance stock units (PSUs) for the Chief Business Officer, indicating successful achievement of executive compensation targets tied to shareholder value.

Negatives

• A significant number of shares (113,745) were withheld to cover tax obligations related to the vesting of the performance stock units, representing a disposition of equity.

Future Outlook

This filing does not contain explicit forward-looking statements or guidance, as it primarily reports a past insider transaction and a correction to a previous filing.

Management Comments

• The shares were acquired upon the certification by the Leadership Development, Inclusion and Compensation Committee of the Board of Directors for the satisfaction of performance criteria underlying an award of performance stock units.
• Alphabet's total shareholder return (TSR) performance relative to S&P 100 companies for the three-year performance period ending December 31, 2025, was 203.65%, ranking at the 92.86th percentile, resulting in a payout of 200% of target or 227,313 shares.
• Shares were withheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs.
• This amendment is being filed to correct the number of shares acquired, which was inadvertently reported as 113,568 on the Form 4 filed on January 15, 2026. The actual number of shares acquired was 227,313.

Industry Context

StockSavvy.ai notes that strong executive compensation payouts tied to high relative TSR performance are indicative of robust company performance compared to peers. Alphabet's ability to achieve a 92.86th percentile ranking against the S&P 100 underscores its market leadership and operational effectiveness within the highly competitive technology sector.

Comparison to Industry Standards

• Alphabet's 203.65% TSR over three years, achieving the 92.86th percentile against S&P 100 companies, demonstrates exceptional performance compared to a broad benchmark of large-cap U.S. companies.
• This level of outperformance suggests Alphabet significantly surpassed the average returns of its peers, including major tech companies like Apple, Microsoft, and Amazon, during the specified period, indicating strong investor confidence and operational execution.

Stakeholder Impact

• Shareholders: The high TSR performance leading to the PSU payout is a positive indicator of shareholder value creation during the performance period.
• Executives: Philipp Schindler's compensation is directly aligned with and rewarded for the company's strong performance, reinforcing incentive structures.

Key Dates

Keywords

Alphabet Inc, GOOGL, Philipp Schindler, SEC Form 4/A, Insider Transaction, Executive Compensation, Performance Stock Units, PSU, Total Shareholder Return, TSR, Class C Capital Stock, S&P 100