Dividend units lift Alphabet (GOOG) director Frances Arnold’s stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARNOLD FRANCES reported acquisition or exercise transactions in this Form 4 filing.
Alphabet Inc. director Frances Arnold reported routine equity compensation changes related to Class C stock. The Form 4 shows awards of small amounts of Class C Google Stock Units and dividend equivalent units that each entitle her to receive one share of Alphabet Class C Capital Stock as they vest.
Vesting occurs in monthly 1/48th installments under several GSU schedules, subject to continued service on the Board. After these transactions, Arnold directly holds 18,721 shares of Class C Capital Stock and separate GSU balances, including 1,558, 1,026, 777 and 81 Class C Google Stock Units tied to prior grants and associated dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
ARNOLD FRANCES
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Google Stock Units | 0.05 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 0.5 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| holding | Class C Capital Stock | -- | -- | -- |
Holdings After Transaction:
Class C Google Stock Units — 81 shares (Direct, null);
Class C Capital Stock — 18,721 shares (Direct, null)
Footnotes (1)
- The Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vests. 1/48th of GSUs vested on July 25, 2022 and an additional 1/48th of GSUs will vest monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates. Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of June 8, 2026, in connection with the cash dividend that was declared by the Issuer and distributed on June 15, 2026. These DEUs will vest on the same schedule as the GSUs on which the DEUs accrued. Each DEU entitles the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the DEU as each DEU vests. Consists of 1 DEUs and 80 GSUs. 1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs will vest monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates. Consists of 7 DEUs and 770 GSUs. 1/48 of GSUs vests on the 25th day of each month following the grant date for 31 months and on the 1st day of each month for the following 17 months, subject to continued service on such vesting dates. Consists of 8 DEUs and 1,018 GSUs. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 19 months and on the 1st day of each month for the following 29 months, subject to continued service on the Board on the applicable vesting dates. Consists of 4 DEUs and 1,554 GSUs.
Key Figures
Class C shares held: 18,721 shares
GSUs tranche: 1,558 units
GSUs tranche: 1,026 units
+5 more
8 metrics
Class C shares held
18,721 shares
Class C Capital Stock held directly following transactions
GSUs tranche
1,558 units
Class C Google Stock Units balance in one grant after transactions
GSUs tranche
1,026 units
Class C Google Stock Units balance in a second grant
GSUs tranche
777 units
Class C Google Stock Units balance in a third grant
GSUs tranche
81 units
Class C Google Stock Units balance in a fourth grant
Vesting rate
1/48th monthly
Typical GSU vesting installment for certain grants
GSU composition
1 DEU + 80 GSUs
One grant consists of 1 dividend equivalent unit and 80 GSUs
GSU composition
4 DEUs + 1,554 GSUs
Another grant consists of 4 dividend equivalent units and 1,554 GSUs
Key Terms
Class C Capital Stock, Google Stock Units (GSUs), dividend equivalent units (DEUs), vesting, +1 more
5 terms
Class C Capital Stock financial
"The Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock"
Google Stock Units (GSUs) financial
"The Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock"
dividend equivalent units (DEUs) financial
"Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of June 8, 2026"
vesting financial
"1/48th of GSUs vested on July 25, 2022 and an additional 1/48th of GSUs will vest monthly thereafter until the GSUs are fully vested"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued service financial
"will vest monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates"
FAQ
What insider activity did Alphabet (GOOG) report for Frances Arnold?
Alphabet reported that director Frances Arnold received several small awards of Class C Google Stock Units and related dividend equivalent units. These are routine equity compensation entries, not open-market buys or sells, and will convert into Class C shares as they vest over time.
What are Google Stock Units (GSUs) and dividend equivalent units (DEUs) at Alphabet?
Alphabet’s Google Stock Units each entitle the holder to one share of Class C Capital Stock upon vesting. Dividend equivalent units accrue on GSUs when dividends are paid and vest on the same schedule, also delivering one Class C share for each vested unit.
How do the vesting schedules work for Frances Arnold’s Alphabet GSUs?
Her GSUs generally vest in 1/48th monthly installments over multi‑year periods, subject to continued service. Some tranches vest on the 25th day of each month for an initial period, then on the 1st of the month thereafter, with Board service required on each vesting date.
How were new dividend equivalent units created for Frances Arnold at Alphabet?
New dividend equivalent units accrued on GSUs that Frances Arnold held as of June 8, 2026, tied to a cash dividend Alphabet declared and distributed on June 15, 2026. These DEUs vest on the same timetable as the underlying GSUs to which they relate.