Form 4: Alphabet CBO Schindler's Stock Award & Tax Sale

Alphabet's Chief Business Officer, Philipp Schindler, received a significant performance stock unit award due to strong company performance, followed by a tax-related share disposition.

Summary

• Philipp Schindler, SVP, Chief Business Officer of Alphabet Inc. (GOOGL), reported transactions on January 13, 2026.
• Acquired 113,568 shares of Class C Capital Stock at $0 per share, resulting from 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 period ending December 31, 2025, was 203.65%, ranking at the 92.86th percentile relative to S&P 100 companies.
• This strong performance resulted in a 200% payout of the target PSU award, totaling 133,568 shares, including share-settled dividends.
• Disposed of 113,745 shares of Class C Capital Stock at $332.73 per share to satisfy tax obligations arising from the PSU vesting.
• Following these transactions, Schindler beneficially owns 773,194 shares of Class C Capital Stock, 48,654 Class C Google Stock Units (GSUs) with a vesting schedule starting June 25, 2024, and 86,297 Class C Google Stock Units (GSUs) with a vesting schedule starting March 25, 2025.

Sentiment

Score: 9

Explanation: The filing indicates exceptional company performance as evidenced by Alphabet's 203.65% Total Shareholder Return over three years, placing it in the top 7.14% of S&P 100 companies, leading to a maximum 200% payout for executive performance stock units.

Positives

• Alphabet's Total Shareholder Return (TSR) of 203.65% over three years, ranking at the 92.86th percentile relative to S&P 100 companies, indicates strong company performance.
• The high TSR performance led to a 200% payout of performance stock units for the Chief Business Officer, demonstrating successful achievement of performance targets.

Negatives

• Disposition of 113,745 shares of Class C Capital Stock at $332.73 to cover tax obligations, which reduces direct beneficial ownership.

Future Outlook

The vesting schedules for Class C Google Stock Units (GSUs) extend through January 1, 2028, aligning executive incentives with long-term company performance.

Industry Context

Alphabet's strong Total Shareholder Return (TSR) performance relative to the S&P 100 indicates outperformance compared to a broad market index of large-cap companies, suggesting robust competitive positioning within the technology sector.

Comparison to Industry Standards

• Alphabet's Total Shareholder Return (TSR) of 203.65% over three years significantly outperformed the majority of S&P 100 companies, ranking at the 92.86th percentile. This indicates superior performance compared to many of its large-cap peers across various industries.
• The 200% payout of performance stock units for the Chief Business Officer reflects a compensation structure tied to top-tier performance, a practice common among leading technology companies to incentivize executive leadership.

Stakeholder Impact

• Shareholders: The strong TSR performance and executive compensation tied to it suggest alignment of management incentives with shareholder value creation.
• Employees: Strong company performance can positively impact employee morale and potentially future compensation programs, though not directly detailed in this filing.

Next Steps

• Continued vesting of Class C Google Stock Units (GSUs) for Philipp Schindler on various dates through January 1, 2028.

Key Dates

Recommendation

The filing reveals Alphabet's exceptional Total Shareholder Return (TSR) of 203.65% over a three-year period, significantly outperforming 92.86% of S&P 100 companies. This robust performance, which led to a 200% payout of executive performance stock units, underscores strong operational execution and shareholder value creation. Such sustained outperformance, coupled with executive incentives aligned for long-term growth, makes Alphabet a compelling 'strong buy' for investors seeking companies with proven market leadership and effective management.

Keywords

Alphabet, GOOGL, Executive Compensation, Performance Stock Units, Insider Trading, SEC Form 4, Total Shareholder Return, S&P 100, Stock Units