Form 4: Alphabet Inc. Executive John Kent Walker Reports Stock Transactions
SEC Form 4
John Kent Walker, President, Global Affairs, CLO of Alphabet Inc., reports acquisition and disposal of Class C Capital Stock and vesting of Google Stock Units (GSUs) under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 28, 2025, John Kent Walker, President, Global Affairs, CLO of Alphabet Inc., reported transactions involving Alphabet Inc. Class C Capital Stock and Google Stock Units (GSUs).
- Walker acquired 17,782 shares of Class C Capital Stock at $0 through a gift.
- He also disposed of 17,782 shares of Class C Capital Stock at $0 through a gift.
- The transactions were conducted under a Rule 10b5-1 trading plan adopted on May 29, 2024.
- Walker directly owns 23,501 shares of Class C Capital Stock.
- Walker indirectly owns 66,819 shares of Class C Capital Stock through The Arete Trust.
- Walker also holds 42,508, 66,455 and 104,444 Class C Google Stock Units (GSUs) that vest over time, subject to continued employment.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and helps ensure fair market practices.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies like Alphabet Inc.
- Similar filings are made by executives at companies like Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN) when they trade their company's stock.
- The Rule 10b5-1 trading plan is a common tool used by executives to avoid accusations of insider trading by setting up pre-planned trades.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activities.
- It helps maintain investor confidence by ensuring compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of adoption of Rule 10b5-1 Trading Plan by the Reporting Person as Trustee of The Arete Trust. |
| June 25, 2023 | 1/6th of the GSUs vested. |
| June 25, 2024 | 1/6th of the GSUs vested. |
| September 25, 2024 | 1/12th of the GSUs vested. |
| March 28, 2025 | Date of reported transactions (acquisition and disposal of Class C Capital Stock). |
| March 25, 2025 | 27/260th of the grant will vest. |
| June 25, 2025 | 27/260th of the grant will vest. |
| September 25, 2025 | 27/260th of the grant will vest. |
| December 25, 2025 | 27/260th of the grant will vest. |
| March 25, 2026 | 19/260th of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026. |
| December 25, 2026 | 19/260th of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026. |
| April 1, 2027 | 19/260th of the grant will vest quarterly on the 1st day of the month from April 1, 2027 through January 1, 2028. |
| January 1, 2028 | 19/260th of the grant will vest quarterly on the 1st day of the month from April 1, 2027 through January 1, 2028. |
| March 31, 2025 | Date of signature for the Form 4 filing. |
Keywords
Alphabet Inc., GOOGL, John Kent Walker, Class C Capital Stock, Google Stock Units, GSU, Form 4, Rule 10b5-1, Insider Trading, Beneficial Ownership
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