Alphabet (NASDAQ: GOOG) director granted new Google Stock Units and DEUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alphabet Inc. director Roger W. Ferguson Jr. reported updated equity holdings and small stock-unit awards tied to his board compensation. The filing shows indirect ownership of 53,300 shares of Class C Capital Stock held through the Roger W Ferguson Jr 2016 Revocable Trust, plus 9,570 shares held directly.
He also reported several small grants of Class C Google Stock Units and dividend equivalent units on June 15, 2026, issued at a price of $0.00 as compensation. These Google Stock Units and related dividend equivalent units each convert into one Class C share as they vest, following monthly vesting schedules that require continued service on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Ferguson Roger W. Jr.
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 | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
Holdings After Transaction:
Class C Google Stock Units — 81 shares (Direct, null);
Class C Capital Stock — 9,570 shares (Direct, null);
Class C Capital Stock — 53,300 shares (Indirect, By Roger W Ferguson Jr 2016 Revocable Trust)
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 the Board on the appliable 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 DEU 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 the Board on the appliable 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 the Board on the appliable 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
Indirect Class C shares: 53,300 shares
Direct Class C shares: 9,570 shares
GSU award (example): 1.0000 unit
+2 more
5 metrics
Indirect Class C shares
53,300 shares
Held via Roger W Ferguson Jr 2016 Revocable Trust after June 15, 2026
Direct Class C shares
9,570 shares
Directly held Class C Capital Stock after June 15, 2026
GSU award (example)
1.0000 unit
Class C Google Stock Units granted on June 15, 2026 at $0.00
GSUs outstanding (example grant)
1,558 units
Class C Google Stock Units following one reported grant on June 15, 2026
GSUs outstanding (second grant)
1,026 units
Class C Google Stock Units following another reported grant on June 15, 2026
Key Terms
Google Stock Units, Dividend equivalent units, Class C Capital Stock, Revocable Trust, +1 more
5 terms
Google Stock Units financial
"The 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 held as of June 8, 2026"
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.
Class C Capital Stock financial
"one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU"
Revocable Trust financial
"By Roger W Ferguson Jr 2016 Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Vesting financial
"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.
FAQ
What insider activity did Alphabet (GOOG) director Roger W. Ferguson Jr. report on this Form 4?
Roger W. Ferguson Jr. reported updated holdings and small stock-unit awards. The filing shows additional Class C Google Stock Units and dividend equivalent units granted as board compensation, along with current direct and trust-held Class C Capital Stock positions.
What are Google Stock Units (GSUs) reported in Alphabet (GOOG) director compensation?
Google Stock Units are equity awards that convert into Alphabet Class C shares as they vest. The Form 4 notes that each GSU entitles Ferguson to one Class C share, with vesting occurring monthly over multi‑year schedules tied to his continued board service.
What are dividend equivalent units (DEUs) mentioned in the Alphabet (GOOG) Form 4?
Dividend equivalent units accrue on existing GSUs when Alphabet pays cash dividends. Each DEU entitles Ferguson to one Class C share as it vests, and in this filing they arose from the dividend declared and distributed on June 15, 2026, vesting on the same schedule as the related GSUs.
How do vesting schedules work for Alphabet (GOOG) GSUs held by Roger W. Ferguson Jr.?
The GSUs vest in 48 monthly installments, often with 1/48th vesting on a specific start date and each month thereafter. Some grants vest on the 25th day for a period, then on the 1st day, all conditioned on Ferguson’s continued service on Alphabet’s board.