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Alphabet-C | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 14 16:08
Summary by Moomoo AI
The Lawrence Page Trust, an affiliate of Alphabet, Inc., is set to sell a significant number of shares in the company. On March 14, 2024, the trust plans to offload 215,920 shares of Class A Common Stock and an equal number of Class C Capital Stock, with market values of approximately $30,498,700 and $30,708,142 respectively. These shares were acquired by the trust through a distribution for no consideration from J.P. Morgan Trust Company of Delaware & Lawrence Page as trustees of the GRAT dated March 15, 2004, and as a stock dividend from the issuer on April 2, 2014. This announcement follows a review of securities sold by the trust in the past three months, which totaled 239,360 shares for gross proceeds of $34,652,362.
The Lawrence Page Trust, an affiliate of Alphabet, Inc., is set to sell a significant number of shares in the company. On March 14, 2024, the trust plans to offload 215,920 shares of Class A Common Stock and an equal number of Class C Capital Stock, with market values of approximately $30,498,700 and $30,708,142 respectively. These shares were acquired by the trust through a distribution for no consideration from J.P. Morgan Trust Company of Delaware & Lawrence Page as trustees of the GRAT dated March 15, 2004, and as a stock dividend from the issuer on April 2, 2014. This announcement follows a review of securities sold by the trust in the past three months, which totaled 239,360 shares for gross proceeds of $34,652,362.
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