The Pichai Family Foundation filed a notice with the U.S. Securities and Exchange Commission on June 18, disclosing its plan to sell 4,000 shares of Alphabet Inc.’s (NASDAQ: GOOGL) Class C common stock.
The proposed transaction, valued at approximately $708,920, is scheduled to be executed through Morgan Stanley Smith Barney LLC.
According to the Form 144 filing, the shares were originally acquired through restricted stock units granted on April 25, 2018. The planned sale is set to take place on NASDAQ.
The transaction falls under a Rule 10b5-1 trading plan adopted on December 2, 2024. The foundation has sold the same number of shares—4,000—on five separate dates over the past three months, starting April 2. Proceeds from those earlier sales ranged from $624,484 to $683,184 per transaction.
The document includes the required representation that no material non-public information is known by the person on whose behalf the shares are being sold. The filing was signed by Sundar Pichai.”