Form 4: Sergey Brin Executes Stock Transfers, Maintains Significant Alphabet Holdings

Sergey Brin, a director and significant shareholder of Alphabet Inc., executed a series of stock transfers on May 30, 2024, involving Class A and Class C common stock, as well as Class B common stock derivatives.

Summary

• Sergey Brin, a director at Alphabet Inc., engaged in several transactions involving Alphabet stock on May 30, 2024.
• These transactions included the transfer of 384,600 shares of Class A Common Stock, 384,600 shares of Class C Capital Stock, and 384,600 Class B Common Stock derivatives.
• The transactions were executed at a price of $0.00 per share.
• Following these transactions, Brin directly owns 363,945,408 shares of Class C Capital Stock.
• Brin also indirectly owns 172,700 shares of Class C Capital Stock and 172,700 Class B Common Stock derivatives through SMB Pacific 2021 Charitable Remainder Unitrust I and II.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment. It is a routine filing.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives and major shareholders of publicly traded companies like Alphabet. These transactions are closely monitored by investors for insights into management's view of the company's prospects.

Comparison to Industry Standards

• The reporting of insider transactions via SEC Form 4 is a standard practice for all publicly traded companies in the United States, including Alphabet's peers such as Meta, Apple, and Microsoft.
• The volume of shares transferred by Sergey Brin is significant, but not unusual for a major shareholder and founder of a company of Alphabet's size.
• Similar filings are regularly made by executives and directors of comparable tech companies, reflecting their stock ownership and trading activities.

Stakeholder Impact

• The transactions do not appear to have a significant impact on stakeholders, as they are internal transfers and do not involve the sale of shares to the open market.

Key Dates

Keywords

Alphabet Inc, Sergey Brin, stock transfer, Class A Common Stock, Class C Capital Stock, Class B Common Stock, derivative securities, beneficial ownership, insider trading, SEC Form 4