Alphabet SVP Raghavan Prabhakar sells 34.3K shares for $5.6M; stock down 10% in 30 days post-filing.
Raghavan Prabhakar, Senior Vice President at Alphabet, executed 2 separate sales totaling 34,257 shares for $5,570,217.54 at a blended average price of $162.60. His post-transaction holdings stand at 312,210 shares, a reduction of 9.9% from his pre-transaction position of 346,467 shares. The timing context is notable: the stock has declined 10.0% over the 30 days following the filing and is 14.8% below its 52-week high of $191.18. Across Prabhakar's prior trades at Alphabet (3 sales on 2024-07-01), all three showed negative 30-day returns (-6.9%, -6.6%, and -7.4%), suggesting a consistent pattern of sales during weakness. His broader cross-ticker track record shows 14 prior sells with a 0.00% well-timed rate at the 90-day mark, indicating his historical sell decisions have not anticipated further declines.