Form 4: Alphabet Inc. Executive Amie Thuener O'Toole Reports Stock Transactions
SEC Form 4 Filing
Alphabet Inc.'s VP, Chief Accounting Officer, Amie Thuener O'Toole, reported the vesting and tax-related disposal of Class C Google Stock Units.
Summary
- Amie Thuener O'Toole, VP, Chief Accounting Officer at Alphabet Inc., reported transactions involving Class C Capital Stock and Google Stock Units (GSUs).
- On December 25, 2024, 1,368 Class C Capital Stock shares were acquired through the vesting of GSUs.
- Also on December 25, 2024, 1,368 Class C Google Stock Units vested, and 1,395 shares were disposed of to cover tax obligations at a price of $197.57 per share.
- Following these transactions, O'Toole beneficially owns 22,049 shares of Class C Capital Stock, 5,529 Class C Google Stock Units, and 8,940 shares of Class A Common Stock.
- The GSUs vest over time, with a portion vesting monthly, subject to continued employment.
Sentiment
Score: 7
Explanation: The document is a routine SEC filing related to stock transactions, which is neither positive nor negative. It is a neutral event in the context of the company's overall performance.
Future Outlook
The document outlines the vesting schedule for the reported stock units, indicating future vesting events subject to continued employment.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies like Alphabet Inc.
Comparison to Industry Standards
- Stock-based compensation is a common practice among large technology companies like Alphabet, including peers such as Meta, Apple, and Microsoft.
- The vesting schedules and tax withholding practices are standard for equity grants to executives in these types of companies.
- The reporting of these transactions via SEC Form 4 is a regulatory requirement for company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation practices.
- The vesting of stock units is a standard part of employee compensation and does not significantly impact other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 12/25/2024 | Date of stock unit vesting and tax-related disposal. |
| 12/27/2024 | Date of filing the SEC Form 4. |
| 03/25/2025 | Start date for vesting of 1/18th of a GSU grant. |
| 03/25/2026 | Start date for vesting of 1/36th of a GSU grant. |
| 03/01/2027 | Final vesting date for 1/36th of a GSU grant. |
Keywords
Alphabet Inc, GOOGL, Stock Units, Vesting, SEC Form 4, Insider Trading, Equity Compensation, Class C Stock, Amie Thuener O'Toole
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