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Alphabet Inc., director John L. Hennessy has filed to sell 400 shares of the company’s Class C common stock with an estimated market value of $72,828, according to a Form 144 filed with the U.S. Securities and Exchange Commission.
The sale is scheduled for July 14 and will be conducted through UBS Financial Services Inc. The shares were acquired as part of stock awards granted by the company on June 25 and August 25, 2023.
The transaction will be executed under the John L. Hennessy and Andrea J. Hennessy Revocable Trust dated October 22, 1993. The filing states the sale is made under a Rule 10b5-1 trading plan adopted on November 5, 2024.
According to the filing, the same trust sold 1,400 shares of Alphabet stock over the past three months in four separate transactions. The most recent of those was on June 13, when 400 shares were sold for $70,401.
The form was signed on Hennessy’s behalf by UBS Financial Services acting as attorney-in-fact. No additional commentary or disclosures were included.