SCHEDULE: Eric Schmidt's Alphabet Stake Update

Eric Schmidt and affiliated entities have updated their beneficial ownership in Alphabet Inc., detailing holdings across Class A and Class B common stock.

Summary

• Eric E. Schmidt and associated entities collectively beneficially own 48,808,584 shares of Alphabet Inc. Class A Common Stock, assuming conversion of Class B shares.
• This aggregate ownership represents 0.83% of the outstanding Class A Common Stock.
• Schmidt also beneficially owns 4.65% of the outstanding Class B Common Stock on an unconverted basis.
• His sole voting and dispositive power covers 319,132 shares (316,360 Class A and 2,772 Class B).
• Shared voting and dispositive power extends to 48,489,452 shares held through various entities including The Schmidt Family Living Trust, The Schmidt Family Foundation, The Eric and Wendy Schmidt Fund for Strategic Innovation, Schmidt Ocean Institute, Special Strategies I, LLC, Special Strategies II, LLC, Hillspire Holdings, LLC, and Big Hen Group I, LLC.
• The Schmidt Family Living Trust alone beneficially owns 39,504,905 shares (assuming Class B conversion), representing 0.67% of Class A Common Stock and 4.65% of Class B Common Stock on an unconverted basis.
• Class B Common Stock is convertible into Class A Common Stock on a one-to-one basis and carries ten votes per share, while Class A Common Stock carries one vote per share.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership and does not contain information that would inherently drive positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

NA

Industry Context

This filing is a routine update on beneficial ownership by a significant individual and associated entities in a major technology company. It provides transparency on the holdings of a former executive and co-founder, which is standard practice for large public companies.

Related Party Transactions

• The filing details beneficial ownership held by Eric E. Schmidt through various family trusts, foundations, and LLCs where he holds significant control or influence, such as The Schmidt Family Living Trust, The Schmidt Family Foundation, and The Eric and Wendy Schmidt Fund for Strategic Innovation.

Stakeholder Impact

• Shareholders: Provides transparency regarding the ownership structure and voting power held by a significant individual and related entities, particularly concerning the dual-class share structure.

Key Dates

Keywords

Alphabet Inc., Eric Schmidt, Beneficial Ownership, SEC Filing, Class A Common Stock, Class B Common Stock, Schedule 13G, Corporate Governance, Investment Holdings