Summary by Futu AI
On December 16, 2024, Philipp Schindler, SVP and Chief Business Officer of Alphabet, acquired a total of 214 Class C Google Stock Units at no cost. The transaction was completed through three separate grants of 13, 91, and 110 units respectively.Following these acquisitions, Schindler's direct ownership increased to 621,663 shares. The stock units were awarded as part of a grant or other acquisition program, indicating a potential long-term incentive structure for the executive.This transaction demonstrates Alphabet's continued commitment to aligning executive interests with those of shareholders through equity-based compensation. The zero-cost acquisition suggests these are likely performance-based or time-vested stock units, common in executive compensation packages.