Form 4: Alphabet Inc. Executive Prabhakar Raghavan Reports Stock Transactions

Senior Vice President of Alphabet Inc., Prabhakar Raghavan, reports the vesting and tax-related disposal of Class C Google Stock Units.

Summary

• Prabhakar Raghavan, a Senior Vice President at Alphabet Inc., reported several transactions involving Class C Capital Stock and Google Stock Units (GSUs).
• On March 25, 2024, 15,441 Class C Capital Stock shares were acquired through the vesting of GSUs.
• Additionally, 6,517 GSUs were disposed of, and 6,643 GSUs were disposed of to cover tax obligations at a price of $151.77 per share.
• Further, 8,924 GSUs were disposed of, and 9,098 GSUs were disposed of to cover tax obligations at a price of $151.77 per share.
• Following these transactions, Mr. Raghavan directly owns 147,943 Class C Capital Stock shares and 46,123 GSUs.
• He also indirectly owns 217,621 Class C Capital Stock shares through the Raghavan Living Trust.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself. The transactions are part of standard executive compensation practices.

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.

Comparison to Industry Standards

• The reporting of stock transactions by executives is a standard practice across all publicly listed companies, including technology giants like Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN).
• These companies also regularly file Form 4 documents with the SEC to disclose similar transactions by their officers and directors.
• The vesting schedules and tax withholding practices are also typical for equity compensation plans in the tech industry.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of standard executive compensation practices.
• The vesting of stock units is a common incentive for employees and executives.

Key Dates

Keywords

Alphabet Inc, GOOG, Prabhakar Raghavan, Stock Units, Class C Capital Stock, SEC Form 4, Insider Trading, Vesting