Form 4: Alphabet Inc. Director John L. Hennessy Sells Shares Under 10b5-1 Trading Plan

Director John L. Hennessy sold Alphabet Inc. Class C Capital Stock under a pre-arranged 10b5-1 trading plan.

Summary

• John L. Hennessy, a director of Alphabet Inc., reported the sale of Class C Capital Stock on March 13, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 5, 2024.
• The transactions involved multiple sales at weighted average prices ranging from $164.6145 to $168.05.
• A total of 200 shares were sold.
• Hennessy also holds Class A Common Stock and Class C Google Stock Units, which vest monthly subject to continued service on the Board.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions. The sentiment is neutral as it simply reports the sale of shares under a pre-existing trading plan.

Industry Context

Sales by insiders are a common occurrence, especially when executed under pre-arranged trading plans like Rule 10b5-1. These plans allow insiders to sell shares over a period of time, avoiding concerns about trading on material non-public information.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 trading plan mitigates concerns about insider trading.

Key Dates