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The Pichai Family Foundation filed to sell 4,000 shares of Alphabet Inc. Class C common stock, with an estimated market value of $732,400, according to a Form 144 filed with the U.S. Securities and Exchange Commission.
The sale is scheduled for July 16 and will be executed through Morgan Stanley Smith Barney LLC. The shares were acquired through the vesting of restricted stock units originally granted on April 25, 2018.
The filing also discloses that the foundation has conducted similar transactions over the past three months, selling 4,000 shares on each of May 7, May 21, June 4, June 18, and July 2. Proceeds from these earlier sales ranged from $624,606 to $714,089.
In parallel, Sundar Pichai has filed separately to sell 32,500 shares of Alphabet stock on the same dates. His transactions generated proceeds between $5.06 million and $5.8 million per filing.
The Form 144 was signed by Pichai on July 16. No further disclosures were included in the document.