Form 4: Sergey Brin Transfers Alphabet Shares to Charitable Trusts
SEC Form 4
Sergey Brin reports the transfer of 2,048,000 Class A Common Stock and Class C Capital Stock shares to charitable remainder unitrusts.
Summary
- Sergey Brin, a director and 10% owner of Alphabet Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 21, 2025, Brin transferred 2,048,000 shares of Class A Common Stock and 2,048,000 shares of Class C Capital Stock to charitable remainder unitrusts.
- The transactions were executed at a price of $0 per share.
- Following the transactions, Brin directly owns 2,048,000 shares of Class A Common Stock and 361,574,608 shares of Class C Capital Stock.
- Brin also indirectly owns 172,700 shares of Class C Capital Stock through SMB Pacific 2021 Charitable Remainder Unitrust I and another 172,700 shares through SMB Pacific 2021 Charitable Remainder Unitrust II.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The transaction itself is a charitable contribution, which is generally viewed favorably. There's no indication of negative implications for the company.
Industry Context
Philanthropic activities and charitable giving by high-profile executives are common, and this transaction reflects that trend. The impact on Alphabet's stock is likely minimal, as the transfer does not represent a sale on the open market.
Stakeholder Impact
- The transfer of shares to charitable trusts may have a positive impact on the beneficiaries of those trusts.
- The impact on Alphabet shareholders is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of the transaction involving the transfer of shares. |
Keywords
Alphabet Inc., Sergey Brin, Form 4, Beneficial Ownership, Charitable Trust, GOOGL, Class A Common Stock, Class C Capital Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.