Alphabet (NASDAQ: GOOG) director Hennessy reports bona fide share gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alphabet Inc. director John L. Hennessy reported bona fide gifts of Class C Capital Stock. On 02/10/2026 he transferred 1,765 Class C shares directly and 1,765 Class C shares indirectly through The John L. Hennessy and Andrea J. Hennessy Revocable Trust, all at $0 per share.
After these gifts, he held 1 Class C share directly and 5,681 Class C shares indirectly via the trust. The filing also lists his holdings of Class C Google Stock Units, with 484, 1,448, 1,696 and 2,464 units in four separate grants that vest monthly over time, subject to continued service or employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,530 shares gifted
Mixed
6 txns
Insider
Hennessy John L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class C Capital Stock | 1,765 | $0.00 | -- |
| Gift | Class C Capital Stock | 1,765 | $0.00 | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
Holdings After Transaction:
Class C Capital Stock — 1 shares (Direct);
Class C Capital Stock — 5,681 shares (Indirect, By The John L. Hennessy and Andrea J. Hennessy Revocable Trust UAD 10/22/93);
Class C Google Stock Units — 484 shares (Direct)
Footnotes (1)
- The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest. 1/48th of GSUs vested on July 25, 2022 and an additional 1/48th of GSUs vests on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates. 1/48th of GSU grant vested on July 25, 2023 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 31 months and on the 1st day of each month for the following 17 months, subject to continued employment on such vesting dates. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 19 months and on the 1st day of each month for the following 29 months, subject to continued service on the Board on the applicable vesting dates.
FAQ
What insider transaction did Alphabet (GOOG) director John L. Hennessy report?
John L. Hennessy reported bona fide gifts of Alphabet Class C shares. He transferred 1,765 Class C shares directly and 1,765 Class C shares indirectly through a revocable trust, with each transfer priced at $0 per share, reflecting non-cash gifting activity.
Were the reported Alphabet (GOOG) insider transactions classified as purchases or sales?
The transactions were classified as bona fide gifts, not purchases or sales. The Form 4 uses transaction code G, indicating gift transfers of Class C Capital Stock at a reported price of $0 per share, reflecting non-sale, non-purchase activity.
What Class C Google Stock Units does John L. Hennessy report holding at Alphabet (GOOG)?
He reports four tranches of Class C Google Stock Units. The post-transaction holdings are 484, 1,448, 1,696 and 2,464 units. Each unit entitles him to one share of Alphabet Class C Capital Stock as the units vest over time under stated schedules.
How do John L. Hennessy’s Google Stock Units vest according to the filing?
The filing describes monthly vesting in 1/48th increments for the GSU grants. Some grants began vesting on July 25, 2022 or July 25, 2023, and others vest over mixed periods on the 25th and 1st of each month, subject to continued service or employment.