Form 4: Alphabet Inc. Executive Amie Thuener O'Toole Reports Stock Transactions

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 and Chief Accounting Officer at Alphabet Inc., reported transactions involving Class C Capital Stock and Class C Google Stock Units.
• On February 25, 2024, 1,364 Class C Capital Stock units vested at a price of $0.00.
• Also on February 25, 2024, 1,391 Class C Google Stock Units were disposed of at a price of $145.29 to cover tax obligations.
• Following these transactions, O'Toole beneficially owns 33,055 Class C Google Stock Units and 8,940 Class A Common Stock units.
• The Google Stock Units vest over time, with 1/14th vesting monthly on the 25th of each month after an initial 10-month period.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself. It reflects standard corporate practice and compliance with regulations.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies like Alphabet Inc. It provides transparency into the holdings and transactions of key personnel.

Comparison to Industry Standards

• The reporting of stock transactions by executives is a standard practice across publicly traded companies, including tech giants like Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN).
• These companies also use stock-based compensation as a key part of their executive compensation packages, with similar vesting schedules and tax withholding practices.
• The Form 4 filing is a standard SEC requirement, ensuring transparency and compliance with insider trading regulations.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, as they are related to executive compensation and tax obligations.
• The disclosure provides transparency to stakeholders regarding executive stock ownership.

Key Dates

Keywords

Alphabet Inc, GOOG, Stock Units, Class C Capital Stock, Amie Thuener O'Toole, SEC Form 4, Insider Trading, Vesting