Form 4: Alphabet Director Sells GOOGL Shares Via 10b5-1 Plan

Alphabet Director John L. Hennessy sold 600 shares of Class C Capital Stock for approximately $145,754 through a pre-arranged Rule 10b5-1 trading plan.

Summary

• John L. Hennessy, a Director of Alphabet Inc. (GOOGL), reported the sale of 600 shares of Class C Capital Stock.
• The transactions occurred on October 13, 2025, and were executed pursuant to a Rule 10b5-1 Trading Plan adopted on November 5, 2024.
• The shares were sold in multiple transactions at weighted average prices ranging from $241.51 to $243.76 per share.
• The total value of the shares sold amounts to approximately $145,754.10.
• Following these transactions, Hennessy's indirect beneficial ownership includes 5,246 shares of Class C Capital Stock and 21,824 shares of Class A Common Stock held by a trust.
• Direct beneficial ownership includes 0.55 shares of Class C Capital Stock and various Class C Google Stock Units (GSUs) totaling 7,568 units, which vest into Class C Capital Stock over time.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The sale of shares by a director is typically viewed with slight caution, but the execution under a Rule 10b5-1 trading plan indicates a pre-scheduled transaction rather than a reaction to recent events, thus mitigating any negative implications.

Negatives

• A director's sale of shares, even under a pre-arranged plan, can sometimes be perceived as a lack of confidence, though the 10b5-1 plan mitigates this interpretation.

Future Outlook

The reporting person holds Class C Google Stock Units (GSUs) that will vest into Class C Capital Stock according to various schedules. Some GSUs vest monthly on the 25th day, subject to continued board service, while others have more complex vesting schedules extending over several years, also contingent on continued service.

Industry Context

This filing reports a routine insider transaction under a pre-arranged trading plan, which is a common practice for corporate executives and directors to manage their equity holdings and avoid accusations of trading on material non-public information. It does not provide broader industry insights or competitive analysis.

Related Party Transactions

• The reported sales were made by the John L. Hennessy and Andrea J. Hennessy Revocable Trust UAD, which is an indirect beneficial owner related to the reporting person.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, pre-scheduled insider sale and does not suggest a significant change in the director's overall commitment or the company's prospects.

Next Steps

• Continued vesting of Class C Google Stock Units (GSUs) on their respective schedules, subject to John L. Hennessy's continued service on the Board.

Key Dates

Keywords

Alphabet, GOOGL, Form 4, Insider Trading, Stock Sale, Director, John L. Hennessy, 10b5-1 Plan, Class C Capital Stock, Google Stock Units