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2022-02-07
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Google Co-founder Larry Page Sold More Than $80 Million Worth of Stock
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The shares were sold at a weighted average price of $2.920.53, according to a MarketWatch calculation, to raise $40.56 million.</p><p>On the same day, Page acquired 13,889 Class A shares (GOOGL) through the conversion of derivative securities at a price of $0. At the same time, he sold in the open market 13,889 Class A shares at a weighted average price of $2,926.36 to raise $40.64 million.</p><p>The company said all the trades were part of a prearranged Rule 10b5-1 trading plan adopted by Page.</p><p>The trades were made a day after the Class C shares shot up 7.4% and the more-active Class A shares ran up 7.5% on Feb. 2, in the wake of Alphabet's fourth-quarter report, in which profit and revenue were well above expectations, and the announcement of a 20-for-1 stock split.</p><p>On Feb. 3, the Class C shares fell 3.6% to close at $2,853.01, or 2.3% below the weighted average price of the sales, while the Class A shares shed 3.3% to $2,861.80, or 2.2% below the weighted average price of the sales.</p><p>The Class C shares have slid 4.2% over the past three months through Friday and the Class A shares have lost 3.7%, while the S&P 500 index has declined 4.2%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle Co-founder Larry Page Sold More Than $80 Million Worth of Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-02-07 20:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Page sold nearly 14,000 shares of both Class A and Class C shares on Thursday, and acquired about 14,000 Class A shares for Google parent Alphabet Inc. disclosed that Larry Page, co-founder and current board member, has sold more than $80 million worth of shares, a couple of days after the stock shot up on the back of a blowout earnings report and stock-split announcement.</p><p>Both the Class C shares and more-active Class A shares rose 0.4% in premarket trading.</p><p>In filings with the Securities and Exchange Commission after Friday's closing bell, the internet search giant said Page sold 13,889 Class C shares <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> on Feb. 3 in the open market. The shares were sold at a weighted average price of $2.920.53, according to a MarketWatch calculation, to raise $40.56 million.</p><p>On the same day, Page acquired 13,889 Class A shares (GOOGL) through the conversion of derivative securities at a price of $0. At the same time, he sold in the open market 13,889 Class A shares at a weighted average price of $2,926.36 to raise $40.64 million.</p><p>The company said all the trades were part of a prearranged Rule 10b5-1 trading plan adopted by Page.</p><p>The trades were made a day after the Class C shares shot up 7.4% and the more-active Class A shares ran up 7.5% on Feb. 2, in the wake of Alphabet's fourth-quarter report, in which profit and revenue were well above expectations, and the announcement of a 20-for-1 stock split.</p><p>On Feb. 3, the Class C shares fell 3.6% to close at $2,853.01, or 2.3% below the weighted average price of the sales, while the Class A shares shed 3.3% to $2,861.80, or 2.2% below the weighted average price of the sales.</p><p>The Class C shares have slid 4.2% over the past three months through Friday and the Class A shares have lost 3.7%, while the S&P 500 index has declined 4.2%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4510":"在线教育","BK4552":"Archegos爆仓风波概念","BK4503":"景林资产持仓","BK4204":"教育服务","GOOG":"谷歌","BK4531":"中概回港概念","BK4506":"内地教育股","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209595375","content_text":"Page sold nearly 14,000 shares of both Class A and Class C shares on Thursday, and acquired about 14,000 Class A shares for Google parent Alphabet Inc. disclosed that Larry Page, co-founder and current board member, has sold more than $80 million worth of shares, a couple of days after the stock shot up on the back of a blowout earnings report and stock-split announcement.Both the Class C shares and more-active Class A shares rose 0.4% in premarket trading.In filings with the Securities and Exchange Commission after Friday's closing bell, the internet search giant said Page sold 13,889 Class C shares $(GOOGL)$ on Feb. 3 in the open market. The shares were sold at a weighted average price of $2.920.53, according to a MarketWatch calculation, to raise $40.56 million.On the same day, Page acquired 13,889 Class A shares (GOOGL) through the conversion of derivative securities at a price of $0. At the same time, he sold in the open market 13,889 Class A shares at a weighted average price of $2,926.36 to raise $40.64 million.The company said all the trades were part of a prearranged Rule 10b5-1 trading plan adopted by Page.The trades were made a day after the Class C shares shot up 7.4% and the more-active Class A shares ran up 7.5% on Feb. 2, in the wake of Alphabet's fourth-quarter report, in which profit and revenue were well above expectations, and the announcement of a 20-for-1 stock split.On Feb. 3, the Class C shares fell 3.6% to close at $2,853.01, or 2.3% below the weighted average price of the sales, while the Class A shares shed 3.3% to $2,861.80, or 2.2% below the weighted average price of the sales.The Class C shares have slid 4.2% over the past three months through Friday and the Class A shares have lost 3.7%, while the S&P 500 index has declined 4.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/633553520"}
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