Summary by Futu AI
Alphabet Inc. director Frances Arnold plans to sell 111 shares of Class C Capital Stock on 12/31/2024, with an aggregate market value of $21,366. The shares were acquired on 12/30/2024 through a Restricted Stock Lapse as part of equity compensation from Alphabet Inc.This transaction follows two recent sales by Arnold in the past three months. On 11/04/2024, she sold 441 shares for $75,437, and on 11/29/2024, she sold 111 shares for $18,868. In total, Arnold has sold 552 shares in the past three months, generating gross proceeds of $94,305.The planned sale on 12/31/2024 is part of a trading plan adopted on 07/26/2024, indicating a pre-arranged strategy for stock transactions. This systematic approach to selling shares is common among company insiders to comply with regulatory requirements and avoid allegations of insider trading.