Form 4: Alphabet Director Kavitark Ram Shriram Sells $3.4 Million in Class A Stock Under Pre-Arranged Trading Plan

Alphabet Inc. Director Kavitark Ram Shriram sold 19,500 shares of Class A Common Stock for approximately $3.4 million through pre-arranged Rule 10b5-1 trading plans.

Summary

• Kavitark Ram Shriram, a Director of Alphabet Inc. (GOOGL), reported the sale of 19,500 shares of Class A Common Stock on May 22, 2025.
• The shares were sold at a weighted average price ranging from $175.00 to $175.99 per share, totaling approximately $3,412,500 to $3,431,805.
• These transactions were executed pursuant to Rule 10b5-1 Trading Plans adopted by Mr. Shriram and his spouse on May 30, 2024.
• Following these transactions, Mr. Shriram directly beneficially owns 261,966 shares of Class A Common Stock.
• Indirect beneficial ownership includes 255,400 Class A shares by spouse, 337,680 Class A shares by Limited Partnership, and various Class A and Class C shares held through multiple trusts.
• Mr. Shriram also holds Class C Google Stock Units (GSUs) which vest over time, entitling him to receive Class C Capital Stock upon vesting.

Sentiment

Score: 5

Explanation: A neutral score is assigned as the reported transaction is a pre-planned sale under Rule 10b5-1, which typically indicates a non-discretionary transaction for personal liquidity or diversification and does not necessarily reflect a change in management's sentiment about the company's future prospects.

Future Outlook

This Form 4 filing primarily reports an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• "All transactions reported in this Form 4 were effected pursuant to Rule 10b5-1 Trading Plans adopted by the Reporting Person and the Reporting Person's spouse on May 30, 2024."

Industry Context

This document is an individual insider transaction report and does not provide broader industry context or trends. It reflects a director's personal stock management rather than a company-wide strategic or financial announcement.

Related Party Transactions

• Indirect beneficial ownership of Class A and Class C shares through spouse (Vijay Shriram Trust UA 09/10/2021, 2022 VS Irrevocable Trust UAD 10/28/2022, 2025 VS Irrevocable Trust dated 4/10/25).
• Indirect beneficial ownership of Class A and Class C shares through various trusts where the reporting person or spouse are trustees/beneficiaries (Ram Shriram Trust UA 09/10/2021, 2021 RS Irrevocable Trust, 2022 RS Irrevocable Trust UAD 10/28/2022, 2025 RS Irrevocable Trust dated 4/10/25).

Stakeholder Impact

• Shareholders: The sale of shares by a director, while pre-planned under Rule 10b5-1, may still be observed by shareholders as a change in insider holdings, though its impact on sentiment is typically mitigated by the pre-arranged nature.

Next Steps

• Continued vesting of Class C Google Stock Units (GSUs) according to various schedules (e.g., 1/48th monthly after July 25, 2021, July 25, 2022, and July 25, 2023), subject to continued service on the Board.

Key Dates

Keywords

Alphabet Inc., GOOGL, Insider Trading, Form 4, Stock Sale, Director, Kavitark Ram Shriram, 10b5-1 Plan, Class A Common Stock, Google Stock Units