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 of stock units and related tax withholdings on March 25, 2024.
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 March 25, 2024, 1,364 Class C Capital Stock units vested at a price of $0.00.
- Also on March 25, 2024, 1,364 Class C Google Stock Units vested at a price of $0.00.
- Additionally, 1,390 Class C Google Stock Units were disposed of at $151.77 per unit to cover tax obligations.
- Following these transactions, O'Toole beneficially owns 29,966 shares of Class C Capital Stock, 30,301 Class C Google Stock Units, 24,294 shares of Class A Common Stock and 8,940 Class C Google Stock Units.
Sentiment
Score: 7
Explanation: The document reflects routine insider transactions related to stock-based compensation, which is a normal part of operations for a public company. There is no indication of any negative or positive sentiment.
Positives
- The vesting of stock units indicates continued compensation and alignment of interests with the company's performance.
Industry Context
This is a routine filing related to executive compensation and is typical for publicly traded companies like Alphabet Inc.
Comparison to Industry Standards
- Stock-based compensation is a common practice among large technology companies like Alphabet, Apple, Microsoft, and Amazon.
- The vesting schedules and tax withholding practices are generally consistent with industry norms for executive compensation.
- The reporting of these transactions via SEC Form 4 is a standard regulatory requirement for company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard vesting of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of stock unit vesting and tax withholding transactions. |
| 03/26/2024 | Date the SEC Form 4 was signed. |
Keywords
Alphabet Inc, GOOG, Stock Units, Class C Capital Stock, Amie Thuener O'Toole, SEC Form 4, Insider Trading, Vesting
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