NEW YORK—The vice president of product management of Google Inc. sold 382 shares of common stock under a prearranged trading plan, according to Securities and Exchange Commissions filings Monday.
In Form 4s filed with the SEC, Jonathan J. Rosenberg reported he sold the shares last Tuesday and Thursday for $520 to $538.87 apiece.
The stock sale was conducted under a prearranged 10b5-1 trading plan, which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material nonpublic information.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Google is based in Mountain View, Calif.
