Alphabet Inc (NASDAQ:GOOGL) Chief Executive Officer Sundar Pichai sold a block of Class C Capital Stock totaling $9.8 million on March 4, 2026, according to a recent Form 4 filed with the Securities and Exchange Commission.
The filing shows Pichai executed the sales through a sequence of transactions that amounted to 32,500 shares of Class C Capital Stock. The disposition occurred at prices between $301.57 and $305.14 per share - modestly above the referenced trading price of $298.52. Alphabet’s shares have returned 72% over the trailing 12 months.
In the same filing, Pichai is recorded as having acquired 265,001 shares of Class C Google Stock Units that carry a stated value of $0.
Following these moves, Pichai’s reported holdings include 1,674,560 shares of Alphabet Class C Capital Stock held directly. He also reports indirect ownership of 555,732 Class C shares through the Sundararajan Pichai 2026 Annuity Trust and another 555,732 shares through the Anjali Pichai 2026 Annuity Trust. Additionally, the filing lists direct ownership of 227,560 shares of Class A Common Stock.
The sales were carried out pursuant to a Rule 10b5-1 trading arrangement that Pichai adopted on December 2, 2024, the Form 4 indicates.
Separately, the company announced that Pichai’s annual base salary will remain at $2,000,000, with no change to that amount since 2020.
The filing and executive-pay update arrive amid a stream of industry developments noted in the same disclosure period:
- Lumentum Holdings Inc. received an upgraded price target from Needham after Nvidia Corp. made a new purchase commitment for high-power lasers. That commitment supplements multi-hundred million dollar orders referenced on Lumentum’s recent earnings call, with deliveries expected between the fourth quarter of 2026 and the first half of 2027.
- Google’s AI roadmap. Google has made available its latest model, Gemini 3.1 Flash Lite, to developers and enterprises. The model is described as faster and more cost-efficient, delivering a 2.5 times faster response and a 45% increase in output speed relative to its predecessor.
- Waymo investigation. The National Transportation Safety Board is probing incidents in which Waymo self-driving vehicles are alleged to have violated Texas law by passing stopped school buses.
- Amazon and OpenAI. Amazon announced a $50 billion investment in OpenAI; the disclosure notes Amazon shares experienced a slight premarket decline following the announcement.
These items were reported alongside the insider transaction disclosures and executive-pay information. Collectively, they underscore ongoing activity across artificial intelligence, optical components for data centers and high-performance computing, and autonomous vehicle testing — areas that intersect with Alphabet’s product and research priorities.
All transaction details and holdings are reported in the SEC Form 4 filing referenced above. The filing attributes the executed sales to the 10b5-1 trading plan adopted by Pichai on December 2, 2024.