Form 4: Alphabet Inc. Director John L. Hennessy Reports Changes in Beneficial Ownership
SEC Form 4
John L. Hennessy, a director at Alphabet Inc., reported changes in his beneficial ownership of company stock, including acquisitions and disposals of Class C Capital Stock and holdings of Google Stock Units.
Summary
- On February 25, 2025, John L. Hennessy, a director of Alphabet Inc., reported transactions involving Alphabet Inc. securities.
- He disposed of 1,920 shares of Class C Capital Stock.
- He acquired 1,920 shares of Class C Capital Stock.
- Following these transactions, Hennessy directly owns 324 shares of Class C Capital Stock and indirectly owns 8,013 shares through The John L. Hennessy and Andrea J. Hennessy Revocable Trust UAD 10/22/93.
- He also indirectly owns 21,824 shares of Class A Common Stock through the same trust.
- Hennessy also holds multiple grants of Class C Google Stock Units (GSUs) that vest monthly, subject to continued service on the Board.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document outlines the vesting schedule of Google Stock Units, indicating future stock awards contingent on continued service.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in company stock. This filing indicates routine stock transactions and vesting of stock awards for a director of a major technology company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
- The vesting of stock units incentivizes the director to continue service on the Board.
Key Dates
| Date | Description |
|---|---|
| 10/22/1993 | Date of The John L. Hennessy and Andrea J. Hennessy Revocable Trust UAD |
| 07/25/2021 | Initial vesting date for one GSU grant, with subsequent monthly vesting. |
| 07/25/2022 | Initial vesting date for one GSU grant, with subsequent monthly vesting. |
| 07/25/2023 | Initial vesting date for one GSU grant, with subsequent monthly vesting. |
| 02/25/2025 | Date of the reported transactions (acquisition and disposal of Class C Capital Stock). |
| 02/26/2025 | Date of signature by Attorney-in-Fact. |
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