Sergey Brin Amends Alphabet Stake, Maintains Significant Control

TL;DR

**Brin still holds massive voting power in Alphabet, keeping him firmly in control.**

AI Summary

Sergey Brin, co-founder of Alphabet Inc., filed an amendment (SC 13G/A) on February 12, 2024, updating his beneficial ownership in Alphabet as of December 31, 2023. The filing indicates he holds sole voting power over 363,474,028 shares of Class A Common Stock and 363,474,028 shares of Class B Common Stock. This matters to investors because Brin's substantial holdings, particularly in Class B shares which carry superior voting rights, give him significant control over Alphabet's strategic direction and corporate governance.

Why It Matters

This filing confirms Sergey Brin's continued substantial influence over Alphabet, as his Class B shares grant him outsized voting power, impacting major company decisions and leadership.

Risk Assessment

Risk Level: low — This filing is a routine update of a major shareholder's stake and does not indicate any immediate new risks or changes to the company's operations.

Analyst Insight

Investors should recognize that Sergey Brin's substantial Class B shareholdings grant him significant voting power, meaning his long-term vision and involvement remain critical to Alphabet's direction. This filing is a routine update, not a change in his influence.

Key Numbers

• 363,474,028 — Class A Common Stock shares (shares over which Sergey Brin has sole voting power)
• 363,474,028 — Class B Common Stock shares (shares over which Sergey Brin has sole voting power, carrying superior voting rights)
• December 31, 2023 — Date of Event (the date as of which the ownership information is reported)
• February 12, 2024 — Filing Date (the date the SC 13G/A amendment was filed with the SEC)

Key Players & Entities

• Sergey Brin (person) — co-founder and reporting person for the SC 13G/A filing
• Alphabet Inc. (company) — the issuer of the securities
• 06 Technology (company) — organization name associated with Alphabet Inc. in the filing header
• United States of America (person) — citizenship of Sergey Brin

Forward-Looking Statements

• Sergey Brin will continue to exert significant control over Alphabet's strategic decisions due to his substantial Class B shareholdings. (Sergey Brin) — high confidence, target: Ongoing

FAQ

From the Filing

0001193125-24-032286.txt : 20240212 0001193125-24-032286.hdr.sgml : 20240212 20240212171948 ACCESSION NUMBER: 0001193125-24-032286 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Alphabet Inc. CENTRAL INDEX KEY: 0001652044 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 611767919 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89274 FILM NUMBER: 24621307 BUSINESS ADDRESS: STREET 1: 1600 AMPHITHEATRE PARKWAY CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 650-253-0000 MAIL ADDRESS: STREET 1: 1600 AMPHITHEATRE PARKWAY CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sergey Brin CENTRAL INDEX KEY: 0001295032 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 555 BRYANT STREET, #367 CITY: PALO ALTO STATE: CA ZIP: 94031 FORMER COMPANY: FORMER CONFORMED NAME: Brin Sergey DATE OF NAME CHANGE: 20040622 SC 13G/A 1 d931712dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 18)* Alphabet Inc. (Name of Issuer) Class A Common Stock Class B Common Stock (Title of Class of Securities) Class A Common Stock: 02079K 305 Class B Common Stock: 02079K 206 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☐ Rule 13d-1(b) ☐ Rule 13d-1(c) ☒ Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No.: Class A: 02079K 305 ; Class B: 02079K 206  1.   Names of Reporting Persons  Sergey Brin  2.  Check the Appropriate Box if a Member of a Group (See Instructions)  (a) ☐  (b) ☐  3.  SEC Use Only  4.  Citizenship or Place of Organization  United States of America Number of Shares Beneficially  Owned by Each Reporting Person With: 5.   Sole Voting Power  363,474,028 of Class A Common Stock (1)(2)  363,474,028 of Class B Common Stock (2) 6.  Shared Voting Power  0 7.  Sole Dispositive Power  363,474,028 of Class A Common Stock (1) (2)  363,474,028 of Class B Common Stock (2) 8.  Shared Dispositive Power  0  9.   Aggregate Amount Beneficially Owned by Each Reporting Person  363,474,028 of Class A Common Stock (1)(2)  363,474,028 of Class B Common Stock (2) 10.  Check the box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐ 11.  Percent of Class Represented by Amount in Row (9)  6.16% of Class A Common Stock (1) (2)  41.77% of Class B Common Stock (2) 12.  Type of Reporting Person (See Instructions)  IN (1) Ownership of Class A Common Stock assumes conversion of all such reporting person’s shares of Class B Common Stock into shares of Class A Common Stock. (2) Comprises (i) 363,128,628 shares of Class B Common Stock held directly by Mr. Brin, (ii) 172,700 shares of Class