Google’s Sergey Brin Gives Shares Worth $700 Million as a Gift

Google co-founder Sergey Brin, tapping a personal fortune that exceeds $140 billion, gave nearly $700 million in Alphabet Inc. shares away as a gift.

The contribution was disclosed Wednesday in a regulatory filing, which didn’t specify who received the roughly 4.1 million shares. The sum, evenly split between newly converted Class A and Class C stock, could be directed to charity or given to financial vehicles or trusts.

A spokesperson for Brin’s family office didn’t immediately respond to a request for comment.

The disclosure comes on a good day for Alphabet shareholders. The stock rose as much as ...