Pichai Sundar 4

What Happened

• Sundar Pichai, CEO of Alphabet Inc., sold a total of 32,500 Class C shares in open-market transactions on March 18, 2026 for aggregate proceeds of approximately $10,006,386. The individual lots reported were:
  • 6,193 shares @ $306.21 = $1,896,359
  • 8,102 shares @ $307.11 = $2,488,205
  • 6,621 shares @ $308.18 = $2,040,460
  • 9,969 shares @ $309.00 = $3,080,421
  • 1,615 shares @ $310.18 = $500,941
• Separately, on March 16, 2026 he was credited with 183 award/acquired units (DEUs/GSUs) at $0.00 representing dividend-equivalent units tied to his GSUs.

Key Details

• Transaction dates and prices: March 16, 2026 (183 DEUs/GSUs credited); March 18, 2026 (sales at weighted average prices per lot as listed above; trade prices ranged roughly from ~$305.60 to ~$310.82 across the executions).
• Total shares sold: 32,500; total proceeds: ~$10.01 million.
• Vesting/award notes: The 183 units are dividend-equivalent units that vest on the same schedule as the underlying GSUs. The filer holds GSUs that vest over multiple dates from March 25, 2026 through January 1, 2029 (see footnote for schedule).
• Plan/trading authority: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted Dec 2, 2024.
• Holdings after transaction: Not specified in the provided excerpt of the Form 4.
• Timeliness: Filing date Mar 18, 2026; period of report includes Mar 16, 2026 — this filing does not appear to be late.

Context

• GSUs/DEUs: GSUs are restricted stock units that convert to Class C shares upon vesting; DEUs represent cash-dividend equivalents that convert to shares on the same vesting schedule. The March 16 entry reflects dividend-equivalent units credited in connection with a cash dividend.
• Interpretation for investors: Open-market sales under a pre-established 10b5-1 plan are commonly routine liquidity actions by executives and do not by themselves signal a change in company fundamentals. Purchases generally carry more direct informational weight than planned sales.