STOCKS | Larry Page Trust Plans Another $148 Million Alphabet Stock Sale

Three trusts linked to Alphabet director and Google co-founder Larry Page filed notices to sell 253,840 Class A shares and 253,840 Class C shares through JPMorgan Securities. According to Sina Finance, the Form 144 filings were submitted after the market closed on November 12, 2026, and estimate the shares’ total value at $148.3 million; the actual sale price and share count will be confirmed in Form 4 filings expected around November 16. The proposed sales are covered by a 10b5-1 trading plan established on November 30, 2020. The trusts sell on the second Thursday of each month; between August and October, they sold shares for about $128.9 million in total. Form 144 filings are advance notices, and the planned sales do not indicate Page’s current view of Alphabet, the article said. Alphabet shares rose on November 12: Class A GOOGL closed at $298.70, up 1.79%, while Class C GOOG closed at $295.35, up 1.62%. Google Cloud revenue increased 103% year over year to $30.709 billion, and operating profit reached $11.121 billion, compared with $3.594 billion a year earlier. Alphabet’s price-to-earnings ratio was about 13, and its shares remained 27% below their 52-week high. Alphabet reported third-quarter earnings per share of $2.12, below the $2.9659 consensus estimate. The company recorded an $8.7 billion loss on equity securities, capital expenditure of $51.355 billion, and negative free cash flow of $9.065 billion.