Summary by Moomoo AI
The Lawrence Page Trust II, an affiliate of Alphabet, Inc., is set to sell a total of 9,320 shares each of Alphabet's Class A Common Stock and Class C Capital Stock on November 14, 2024. The Class A shares were originally acquired on May 26, 2006, as a distribution for no consideration from J.P. Morgan Trust Company of Delaware & Lawrence Page as trustees of the GRAT dated March 15, 2004. The Class C shares were obtained through a stock dividend from the issuer on April 2, 2014. This planned transaction follows a series of sales over the past three months, where a total of 241,360 securities were sold, amounting to gross proceeds of $38,249,679. The notice for the upcoming sale was filed on the same day as the planned sale, with the instruction for the sale having been adopted on November 30, 2020.
