Alphabet director receives 980 stock units
ARNOLD FRANCES reported acquisition or exercise transactions in this Form 4 filing.
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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 and updated holdings. The filing shows an award of 980 Class C Google Stock Units (GSUs), described as an annual director grant with no cash paid per unit.
Each GSU entitles her to receive one share of Alphabet Class C Capital Stock as the units vest over time, subject to continued service. After these updates, she directly holds 18,833 shares of Class C Capital Stock along with several outstanding GSU awards, including the new 980-unit grant that vests in monthly installments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Google Stock Units | 980 | $0.00 | $0.00 |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
Footnotes (5)
- F1. 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 shall vest on the 25th of the month of the Grant Date, vesting 1/48 every 1 month(s) for 7 event(s); 1/48 of GSUs shall vest on the 1st of the month 7 month(s) after the Grant Date, vesting 1/48 every 1 month(s) for 41 event(s), subject to continued employment on such vesting date(s).
- F2. Annual Director Grant.
- F3. 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.
- F4. 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.
- F5. 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.
Key Figures
Key Terms
Google Stock Units (GSUs) financial
Annual Director Grant financial
Class C Capital Stock financial
vest financial
continued service financial
FAQ
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What insider transaction did Frances Arnold report for Alphabet (GOOGL)?
What are Alphabet (GOOGL) Class C Google Stock Units (GSUs)?
Is the 980-unit grant to Frances Arnold an open-market purchase of Alphabet stock?
How do the vesting terms work for Frances Arnold’s Alphabet Google Stock Units?
AI-generated analysis. How Rhea-AI works. Not financial advice.