Alphabet (NASDAQ: GOOG) executive gets new dividend-equivalent stock units

Rhea-AI Filing Summary

Porat Ruth reported acquisition or exercise transactions in this Form 4 filing.

Alphabet Inc. President and CIO Ruth Porat reported updates to her equity holdings, primarily from compensation-related stock units rather than market trades. On June 15, 2026, she received 41, 36, and 17 Class C Google Stock Units (GSUs) as dividend equivalent units (DEUs) tied to a cash dividend, each at a price of $0.00 per unit.

These DEUs will vest on the same schedules as the underlying GSUs, adding modest amounts to existing awards of tens of thousands of GSUs. Following these updates, Porat holds 902,564 shares of Alphabet Class C capital stock directly, and additional Class C shares indirectly through family trusts holding 921,695, 135,950, and 120,000 shares, respectively. She also now holds 67,627, 59,856, and 28,595 Class C Google Stock Units in the reported awards.

Insights

Equity compensation analyst

Routine dividend-linked stock unit credits; no open‑market trading.

The filing shows Ruth Porat receiving small amounts of Class C Google Stock Units as dividend equivalent units (DEUs) on existing GSU awards after a cash dividend on June 15, 2026. These are compensation mechanics, not discretionary purchases.

The DEUs vest on the same schedules as the underlying GSUs, which already total tens of thousands of units across grants. Direct Class C share ownership of 902,564 and substantial indirect holdings via three RAPP 2024 trusts remain intact, indicating the changes are incremental within a large overall position.

No buys or sells were reported, and there is no reference to trading plans or derivative exercises. From an investor perspective, this filing mainly clarifies how Alphabet’s dividend policy flows through to executive stock-unit holdings, without signaling a change in insider sentiment.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider Porat Ruth

Role President and CIO

Type	Security	Shares	Price	Value
Grant/Award	Class C Google Stock Units	17	$0.00	--
Grant/Award	Class C Google Stock Units	36	$0.00	--
Grant/Award	Class C Google Stock Units	41	$0.00	--
holding	Class C Capital Stock	--	--	--
holding	Class C Capital Stock	--	--	--
holding	Class C Capital Stock	--	--	--
holding	Class C Capital Stock	--	--	--

Holdings After Transaction: Class C Google Stock Units — 28,595 shares (Direct, null); Class C Capital Stock — 902,564 shares (Direct, null); Class C Capital Stock — 120,000 shares (Indirect, The RAPP 2024 Irrevocable Trust)

Footnotes (1)

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. 1/6th of the GSUs vested on June 25, 2024; 1/12th of the GSUs vested on September 25, 2024, and an additional 1/12th of the GSUs vests quarterly thereafter on the 25th day of the month until the GSUs are fully vested, subject to continued employment on the applicable 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 244 DEUs and 28,351 GSUs. The GSUs vest as follows: (i) 27/260th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; and (ii) 19/260th 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. Consists of 309 DEUs and 59,547 GSUs. 7/45 of GSUs will vest on the 25th of the month of the Grant Date (April 8, 2026); 7/180 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 7/180 every 1 month(s) for 8 event(s); 1/45 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 2/45 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 1/45 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 1/45 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s). Consists of 41 DEUs and 67,586 GSUs. The Reporting Person is the settlor, and the Reporting Person's spouse is a trustee of the RAPP 2024 Irrevocable Trust. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GT Trust One. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GT Trust Two.

Key Figures

DEU grant 1: 41 Class C Google Stock Units DEU grant 2: 36 Class C Google Stock Units DEU grant 3: 17 Class C Google Stock Units +4 more

7 metrics

DEU grant 1 41 Class C Google Stock Units Dividend equivalent units at $0.00 per unit, holdings 67,627 units after on June 15, 2026

DEU grant 2 36 Class C Google Stock Units Dividend equivalent units at $0.00 per unit, holdings 59,856 units after on June 15, 2026

DEU grant 3 17 Class C Google Stock Units Dividend equivalent units at $0.00 per unit, holdings 28,595 units after on June 15, 2026

Direct Class C shares 902,564 shares Alphabet Class C capital stock directly owned following transactions on June 15, 2026

RAPP 2024 GT Trust Two 921,695 shares Alphabet Class C capital stock held indirectly through RAPP 2024 GT Trust Two

RAPP 2024 GT Trust One 135,950 shares Alphabet Class C capital stock held indirectly through RAPP 2024 GT Trust One

RAPP 2024 Irrevocable Trust 120,000 shares Alphabet Class C capital stock held indirectly through RAPP 2024 Irrevocable Trust

Key Terms

Class C Google Stock Units, Dividend equivalent units (DEUs), GSUs, Grant, award, or other acquisition, +2 more

6 terms

Class C Google Stock Units financial

"Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc."

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"

GSUs financial

"Consists of 244 DEUs and 28,351 GSUs."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Irrevocable Trust financial

"The Reporting Person is the settlor, and the Reporting Person's spouse is a trustee of the RAPP 2024 Irrevocable Trust."

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

GT Trust financial

"The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GT Trust One."

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Form 4 Insider Transactions: What Each Field Means →

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^*

Porat Ruth

(Last) (First) (Middle)

C/O ALPHABET INC.

1600 AMPHITHEATRE PKWY

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CIO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class C Google Stock Units(1)	06/15/2026		A		17(2)	A	$0	28,595(3)	D
Class C Google Stock Units(4)	06/15/2026		A		36(2)	A	$0	59,856(5)	D
Class C Google Stock Units(6)	06/15/2026		A		41(2)	A	$0	67,627(7)	D
Class C Capital Stock								902,564	D
Class C Capital Stock								120,000	I	The RAPP 2024 Irrevocable Trust(8)
Class C Capital Stock								135,950	I	RAPP 2024 GT Trust One(9)
Class C Capital Stock								921,695	I	RAPP 2024 GT Trust Two(10)

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. 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. 1/6th of the GSUs vested on June 25, 2024; 1/12th of the GSUs vested on September 25, 2024, and an additional 1/12th of the GSUs vests quarterly thereafter on the 25th day of the month until the GSUs are fully vested, subject to continued employment on the applicable 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 244 DEUs and 28,351 GSUs.

4. The GSUs vest as follows: (i) 27/260th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; and (ii) 19/260th 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. 7/45 of GSUs will vest on the 25th of the month of the Grant Date (April 8, 2026); 7/180 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 7/180 every 1 month(s) for 8 event(s); 1/45 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 2/45 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 1/45 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 1/45 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).

7. Consists of 41 DEUs and 67,586 GSUs.

8. The Reporting Person is the settlor, and the Reporting Person's spouse is a trustee of the RAPP 2024 Irrevocable Trust.

9. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GT Trust One.

10. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GT Trust Two.

	/s/ Kenneth Yi, as Attorney-in-Fact for Ruth M. Porat	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Alphabet (GOOG) executive Ruth Porat report in this Form 4?

Ruth Porat reported small acquisitions of Class C Google Stock Units as dividend equivalent units linked to a cash dividend. These awards increased her stock-unit holdings without any open-market buys or sells, reflecting routine equity compensation adjustments rather than trading activity.

How many Class C Google Stock Units did Ruth Porat receive in this filing?

Ruth Porat received 41, 36, and 17 Class C Google Stock Units, all at $0.00 per unit. These units are dividend equivalent units that accrued on existing GSU awards and will vest over time according to each grant’s detailed vesting schedule.

What are dividend equivalent units (DEUs) mentioned in Alphabet’s Form 4 for GOOGL?

Dividend equivalent units, or DEUs, are additional stock units credited when a cash dividend is paid. For Ruth Porat, DEUs accrued on her outstanding GSUs as of June 8, 2026, in connection with Alphabet’s cash dividend distributed on June 15, 2026, and vest on the same schedule as those GSUs.

What are Ruth Porat’s direct Alphabet Class C share holdings after this Form 4?

After the reported transactions, Ruth Porat holds 902,564 shares of Alphabet Class C capital stock directly. This figure reflects her direct ownership only, separate from additional indirect Class C holdings held through several RAPP 2024 family trusts disclosed in the filing.

What indirect Alphabet Class C holdings are reported through RAPP 2024 trusts?

The filing shows three RAPP 2024 trusts holding Alphabet Class C shares: 921,695 shares in RAPP 2024 GT Trust Two, 135,950 shares in RAPP 2024 GT Trust One, and 120,000 shares in the RAPP 2024 Irrevocable Trust. These positions represent indirect ownership associated with Ruth Porat.

Were there any open-market stock purchases or sales by Ruth Porat in this Form 4?

No open-market purchases or sales were reported in this Form 4. The only transactions are grant-type acquisitions of Class C Google Stock Units as dividend equivalent units, credited at $0.00 per unit, along with updated holdings entries for existing stock and trust positions.