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Alphabet (GOOG) CFO Ashkenazi receives new GSUs and dividend units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ashkenazi Anat reported acquisition or exercise transactions in this Form 4 filing.

Alphabet Inc. SVP and CFO Anat Ashkenazi reported compensation-related equity awards, not open-market trades. On June 15, 2026, she received small grants of Class C Google Stock Units classified as dividend equivalent units that accrued on her existing GSUs in connection with a cash dividend declared and distributed on June 15, 2026. These DEUs will vest on the same schedule as the underlying GSUs, and each unit entitles her to one share of Alphabet Class C capital stock upon vesting. Following the reported updates, she directly holds 126,830 shares of Alphabet Class C capital stock, alongside substantial outstanding GSUs and DEUs subject to future vesting.

Positive

  • None.

Negative

  • None.
Insider Ashkenazi Anat
Role SVP, Chief Financial Officer
Type Security Shares Price Value
Grant/Award Class C Google Stock Units 15 $0.00 $0.00
Grant/Award Class C Google Stock Units 36 $0.00 $0.00
Grant/Award Class C Google Stock Units 42 $0.00 $0.00
holding Class C Capital Stock -- -- --
Holdings After Transaction: Class C Google Stock Units — 69,585 shares (Direct); Class C Capital Stock — 126,830 shares (Direct)
Footnotes (7)
  1. F1. Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSUs as each GSU vests. The GSUs will vest as follows: 25% of the GSUs will vest on each March 25, 2026, June 25, 2026, September 25, 2026 and December 25, 2026, subject to continued employment on such vesting dates.
  2. F2. 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.
  3. F3. Consists of 185 DEUs and 24,699 GSUs.
  4. F4. The GSUs vest as follows: (i) 15/136th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; (ii) 19/272nd of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026, and on the 1st day of the month from April 1, 2027 through January 1, 2028, subject to continued employment on the applicable vesting dates.
  5. F5. Consists of 309 DEUs and 59,547 GSUs.
  6. F6. 19/117 of GSUs will vest on the 25th of the month of the Grant Date; 19/468 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 19/468 every 1 month(s) for 8 event(s); 5/234 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 5/117 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 5/234 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 5/234 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).
  7. F7. Consists of 42 DEUs and 69,543 GSUs.
Direct Class C shares held 126,830 shares Class C capital stock following reported transactions
DEU grant 1 size 42 units Class C Google Stock Units granted at $0.0000 per unit on June 15, 2026
DEU grant 2 size 36 units Class C Google Stock Units granted at $0.0000 per unit on June 15, 2026
DEU grant 3 size 15 units Class C Google Stock Units granted at $0.0000 per unit on June 15, 2026
Dividend reference date June 15, 2026 Cash dividend date that generated DEUs on existing GSUs
GSU/DEU mix in one award 24,699 GSUs and 185 DEUs Composition of one GSU grant with accrued dividend equivalent units
Class C Google Stock Units financial
"Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock"
dividend equivalent units financial
"Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
GSUs financial
"The GSUs will vest as follows: 25% of the GSUs will vest on each March 25, 2026, June 25, 2026"
vest financial
"as each GSU vests. The GSUs will vest as follows: 25% of the GSUs will vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class C capital stock financial
"one share of Alphabet Inc. Class C capital stock for each share underlying the GSUs"

FAQ

What did Alphabet (GOOG) CFO Anat Ashkenazi report in this Form 4?
Anat Ashkenazi reported new stock-based compensation awards, not open-market trades. She received additional Class C Google Stock Units as dividend equivalent units tied to a cash dividend, plus updated holdings of Alphabet Class C shares and unvested GSUs and DEUs.

How many Alphabet Class C shares does Anat Ashkenazi hold after the reported transactions?
After the reported entries, Anat Ashkenazi holds 126,830 Alphabet Class C shares directly. This figure reflects her Class C capital stock position, separate from the various Google Stock Units and dividend equivalent units that remain subject to future vesting.

What are Class C Google Stock Units (GSUs) and DEUs in this Alphabet (GOOG) filing?
GSUs are restricted stock units that convert into Class C shares as they vest. Dividend equivalent units (DEUs) accrue on those GSUs when Alphabet pays cash dividends, and each DEU similarly converts into one Class C share upon vesting.

Were the Alphabet (GOOG) Form 4 transactions open-market buys or sells?
No, the reported transactions are compensation-related awards, not market trades. The filing shows acquisition entries coded as grants or awards and a holding line, with no open-market purchase or sale codes and no transaction prices above zero.

How do the new DEUs in this Alphabet (GOOG) Form 4 vest over time?
The new dividend equivalent units vest on the same schedule as the underlying GSUs. Various grants vest quarterly or monthly on specified dates through December 25, 2026 and into January 1, 2028, subject to Anat Ashkenazi’s continued employment.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ashkenazi Anat
(Last)(First)(Middle)
C/O ALPHABET INC.
1600 AMPHITHEATRE PRKW
(Street)
MOUNTAIN VIEW CALIFORNIA 94043
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Alphabet Inc. [ GOOGL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class C Google Stock Units(1)06/15/2026A15(2)A$024,884(3)D
Class C Google Stock Units(4)06/15/2026A36(2)A$059,856(5)D
Class C Google Stock Units(6)06/15/2026A42(2)A$069,585(7)D
Class C Capital Stock126,830D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSUs as each GSU vests. The GSUs will vest as follows: 25% of the GSUs will vest on each March 25, 2026, June 25, 2026, September 25, 2026 and December 25, 2026, subject to continued employment on such vesting dates.
2. 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.
3. Consists of 185 DEUs and 24,699 GSUs.
4. The GSUs vest as follows: (i) 15/136th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; (ii) 19/272nd of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026, and on the 1st day of the month from April 1, 2027 through January 1, 2028, subject to continued employment on the applicable vesting dates.
5. Consists of 309 DEUs and 59,547 GSUs.
6. 19/117 of GSUs will vest on the 25th of the month of the Grant Date; 19/468 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 19/468 every 1 month(s) for 8 event(s); 5/234 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 5/117 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 5/234 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 5/234 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).
7. Consists of 42 DEUs and 69,543 GSUs.
/s/Fadillah Badar as Attorney-in-Fact for Anat Ashkenazi06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR