Form 4: Alphabet Inc. Executive Prabhakar Raghavan Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President of Alphabet Inc., Prabhakar Raghavan, reports the acquisition of 25,514 Class C Capital Stock shares and holdings of various stock units.
Summary
- Prabhakar Raghavan, a Senior Vice President at Alphabet Inc., has reported a transaction involving the acquisition of 25,514 Class C Capital Stock shares.
- These shares were acquired at a price of $0.00.
- Following this transaction, Mr. Raghavan's total holdings include 217,621 Class C Capital Stock shares held indirectly through a living trust.
- He also holds 132,502 Class C Capital Stock shares directly.
- Additionally, Mr. Raghavan has 52,640 and 144,179 Class C Google Stock Units, which vest over time.
- The stock units vest quarterly, subject to continued employment.
Sentiment
Score: 7
Explanation: The document is a routine disclosure of stock transactions by an executive, which is generally neutral. The acquisition of shares could be seen as a positive sign of confidence in the company.
Positives
- The acquisition of shares indicates continued investment and confidence in Alphabet Inc. by a key executive.
Future Outlook
The Class C Google Stock Units will continue to vest quarterly, subject to continued employment.
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
- Executive stock transactions are a common occurrence in publicly traded companies, and this filing is consistent with standard SEC reporting requirements.
- Other tech companies such as Meta, Apple, and Microsoft also have similar filings when their executives trade company stock.
- The vesting schedules for stock units are also typical for executive compensation packages in the tech industry.
Stakeholder Impact
- The stock transactions may have a minor positive impact on shareholder confidence due to the executive's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 01-12-2000 | Date of the Raghavan Living Trust |
| 02/22/2024 | Date of the reported stock transaction. |
| 02/23/2024 | Date of signature for the SEC filing. |
| March 25, 2022 | Initial vesting date for one of the Class C Google Stock Unit grants. |
| June 25, 2023 | Initial vesting date for another of the Class C Google Stock Unit grants. |
Keywords
Alphabet Inc., Prabhakar Raghavan, Class C Capital Stock, Google Stock Units, SEC Form 4, insider trading, stock ownership
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