Pichai Sundar 4
4 · Alphabet Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Alphabet (GOOGL) CEO Sundar Pichai Receives Vesting Shares
What Happened
Sundar Pichai, CEO of Alphabet Inc., had GSUs vest on March 25, 2026. As a result, 10,998 Class C shares were issued to him on conversion of the derivative GSUs (reported as Code C). To satisfy tax withholding obligations, 11,100 shares were withheld/disposed (reported as Code F). All conversion and withholding transactions were reported at $0 per share because they result from vesting and tax withholding rather than an open‑market trade.
Key Details
- Transaction date: 2026-03-25; Form 4 filed 2026-03-27 (timely filing).
- Acquired: 10,998 shares via conversion of GSUs (Code C) at $0.00.
- Disposed: 11,100 shares withheld to satisfy tax liabilities (Code F) and an additional Code C disposition entry for 10,998 shares (reporting artifact of conversion).
- Reported value: $0 for the conversion entries (these reflect vesting/conversion, not cash purchases or sales).
- Shares owned after the transaction: Not specified in the excerpt provided. See full Form 4 for total holdings.
- Footnotes: F1–F3 explain GSU vesting schedule and that shares were withheld for taxes. F4–F5 note related annuity trusts for the reporting person and spouse.
Context
This was a vesting-related conversion of GSUs into Alphabet Class C shares and simultaneous tax‑withholding—not an open‑market sale or purchase. Such transactions are routine compensation actions and do not necessarily indicate insider buying or selling intent.
Insider Transaction Report
- Conversion
Class C Google Stock Units
[F1][F2]2026-03-25−10,998→ 254,186 total - Tax Payment
Class C Google Stock Units
[F1][F3]2026-03-25−11,100→ 243,086 total - Conversion
Class C Capital Stock
[F2]2026-03-25+10,998→ 1,653,058 total
- 555,732(indirect: By Trust)
Class C Capital Stock
[F4] - 555,732(indirect: By Trust)
Class C Capital Stock
[F5] - 227,560
Class A Common Stock
Footnotes (5)
- [F1]Class C GSUs entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSU as GSU vests. 1/12th of the grant will vest March 25, 2026. An additional 1/36th will vest on the 25th day of the month from April 25, 2026 through January 25, 2027, and on the 1st day of the month from March 1, 2027 through January 1, 2029, subject to continuing employment on the applicable vesting dates.
- [F2]Vesting of GSUs grant of which was previously reported in Form 4.
- [F3]Shares withheld to satisfy tax obligations arising out of vesting of GSUs.
- [F4]The Reporting Person is sole trustee and sole annuitant of the Sundararajan Pichai 2026 Annuity Trust dtd 02/23/2026.
- [F5]The Reporting Person's spouse is sole trustee and sole annuitant of the Anjali Pichai 2026 Annuity Trust dtd 02/18/2026.