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Alphabet (GOOG) director L. John Doerr logs new GSU and DEU awards

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

Rhea-AI Filing Summary

Alphabet Inc. director L. John Doerr reported stock-based awards related to a cash dividend. On 12/15/2025, he acquired small amounts of Alphabet Class C Google Stock Units as dividend equivalent units (DEUs) credited on existing Google Stock Units (GSUs) at a price of $0 per unit. These DEUs accrue based on GSUs held as of December 8, 2025, in connection with a dividend paid on December 15, 2025.

Each GSU and DEU entitles him to receive one share of Alphabet Class C Capital Stock as the awards vest over time, subject to continued service on the Board. Following these transactions, he beneficially owns 69,700 shares of Class A Common Stock and 139,431 shares of Class C Capital Stock, along with multiple GSU/DEU positions that vest monthly under specified schedules.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
DOERR L JOHN

(Last) (First) (Middle)
C/O ALPHABET INC.
1600 AMPHITHEATRE PKWY

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Alphabet Inc. [ GOOGL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class C Google Stock Units(1) 12/15/2025 A 0.8(2) A $0 1,133(3) D
Class C Google Stock Units(4) 12/15/2025 A 0.3(2) A $0 463(5) D
Class C Google Stock Units(6) 12/15/2025 A 0.9(2) A $0 1,270(7) D
Class C Google Stock Units(8) 12/15/2025 A 1(2) A $0 1,809(9) D
Class A Common Stock 69,700 D
Class C Capital Stock 139,431 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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. 1/48 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 the Board on the appliable vesting dates.
2. Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of December 8, 2025, in connection with the cash dividend that was declared by the Issuer and distributed on December 15, 2025. 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 8 DEUs and 1,125 GSUs.
4. 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 the Board on the appliable vesting dates.
5. Consists of 3 DEUs and 460 GSUs.
6. 1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests monthly thereafter until the GSUs are fully vested, subject to continued service on the Board on the appliable vesting dates.
7. Consists of 8 DEUs and 1,262 GSUs.
8. 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.
9. Consists of 3 DEUs and 1,806 GSUs.
/s/ Kenneth Yi, as Attorney-in-Fact for L. John Doerr 12/18/2025
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Alphabet (GOOG) report in this Form 4?

The filing shows director L. John Doerr received small amounts of Alphabet Class C Google Stock Units on 12/15/2025 as dividend equivalent units (DEUs) credited on his existing Google Stock Units at a price of $0 per unit.

Did L. John Doerr sell any Alphabet (GOOG) shares in this Form 4?

No sales are reported. The Form 4 only shows acquisitions (A) of Class C Google Stock Units and DEUs at $0, with no dispositions (D) of Alphabet Class A or Class C shares.

How many Alphabet shares does L. John Doerr beneficially own after these transactions?

After the reported transactions, he beneficially owns 69,700 shares of Alphabet Class A Common Stock and 139,431 shares of Alphabet Class C Capital Stock, in addition to several GSU/DEU awards that may convert into Class C shares as they vest.

What are Google Stock Units (GSUs) and dividend equivalent units (DEUs) in the Alphabet (GOOG) filing?

According to the filing, each Google Stock Unit (GSU) entitles the holder to receive one share of Alphabet Class C Capital Stock as the unit vests. Dividend equivalent units (DEUs) accrue on existing GSUs when a cash dividend is declared and each DEU also entitles the holder to one Class C share as it vests.

How do the Alphabet GSUs and DEUs for L. John Doerr vest?

The filing describes several vesting schedules, including GSUs where 1/48 vests monthly starting on specific dates, and other grants where 1/48 vests on the 25th day of each month for a period and then on the 1st day of each month thereafter, all subject to his continued service on the Board.

Why were new DEUs granted to L. John Doerr in the Alphabet (GOOG) Form 4?

The DEUs reported on 12/15/2025 represent units that accrued on GSUs held as of December 8, 2025 in connection with a cash dividend declared and distributed on December 15, 2025. These DEUs follow the same vesting schedule as the related GSUs.

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