Google’s Co-Founder Is Cashing Out Another $148 Million
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After the market closed on Thursday, November 12, 2026, three trusts tied to Larry Page, a director of Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction), filed Form 144 notices to sell 253,840 Class A shares and 253,840 shares of Alphabet Class C (NASDAQ:GOOG) through J.P. Morgan Securities.
The filers valued the shares at about $148.3 million, with $74.5 million in Class A stock and $73.8 million in Class C stock. That figure is their estimate of market value, so actual proceeds will be known later.
Both share classes rose. Class A closed at $298.70, up 1.79%, after trading as high as $302.56, while Class C rose 1.62% to $295.35.
What the Three Filings Actually Commit To
A Form 144 is a notice of intended sale. Form 4 filings, due within two business days of a trade, will confirm actual shares and prices, likely by about Monday, November 16.
The Lawrence Page Trust accounts for 227,060 shares of each class. Lawrence Page Trust II lists 9,760 of each, and Lawrence Page Trust III lists 17,020.
All three cite a Rule 10b5-1 plan adopted on November 30, 2020. A 10b5-1 plan is a preset trading schedule that removes timing decisions from the insider, so these sales say little about Page’s current view of the business.
The Class A shares came from a 2006 distribution out of a grantor retained annuity trust (GRAT), an estate-planning vehicle that passes stock gains to heirs. The Class C shares came from Alphabet’s 2014 stock dividend, which is why the trusts sell matching amounts of each class.
Why “Another” Fits This Sale
Each filing lists 62,980 Class A and 62,980 Class C shares sold on each of August 13, September 10 and October 8, 2026, for gross proceeds of about $128.9 million.
The same trusts filed Form 144s on November 13, 2025, March 12, 2026 and July 9, 2026. The July notices covered 251,920 shares of each class, valued at about $181.5 million, so this second-Thursday rhythm is a known, recurring source of supply.
How Small This Is Against Alphabet’s Own Selling
Alphabet has a market value of about $3.6 trillion, so this filing is small. The company itself sold far more stock in the third quarter, selling 12 million Class A shares for $4.3 billion and 24 million Class C shares for $8.1 billion through its at-the-market program.
The bigger weight is the earnings report. Class A last closed above $300 on October 28 at $324.89, then fell 12.64% to $283.82 the next day.
Third-quarter EPS of $2.12 missed the $2.9659 consensus, partly because of an $8.7 billion loss on equity securities, and free cash flow was negative $9.065 billion as capex reached $51.355 billion. Shares remain about 27% below the 52-week high of $408.61.
Cloud Growth and a Modest Multiple Put Alphabet Back on Investors’ Radar
The business and the valuation both merit a closer look. Google Cloud revenue rose 103% to $30.709 billion, and its operating income reached $11.121 billion versus $3.594 billion a year earlier.
At about 13 times earnings, the stock has a modest multiple for that growth, although heavy capex and ongoing share issuance could dilute per-share returns.
The Form 4s due around November 16 should match these notices. A Class A close above $300 would show buyers taking in both the trust sales and the post-earnings overhang, while a slide back below $283.82 would mean the rebound has failed.
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Omor Ibne Ehsan is a writer at 24/7 Wall St. He is a self-taught investor with a focus on growth, cyclical, and dividend equities that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as penny stocks.
