Alphabet (NASDAQ: GOOG) director awarded new Class C stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alphabet Inc. director R. Martin Chavez reported compensation-related equity awards. On March 16, 2026, he acquired four separate grants of 1.0000 Class C Google Stock Units each at a reported price of $0.0000 per unit, classified as grant or award acquisitions.
Footnotes explain that Google Stock Units (GSUs) and related dividend equivalent units (DEUs) each entitle him to receive one share of Alphabet Class C Capital Stock as they vest under specified monthly vesting schedules tied to continued service. Following these awards, he directly holds 1,684 Class C Google Stock Units and 9,346 shares of Alphabet Class C Capital Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
CHAVEZ R. MARTIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 1 | $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 | -- | -- | -- |
Holdings After Transaction:
Class C Google Stock Units — 927 shares (Direct);
Class C Capital Stock — 9,346 shares (Direct)
Footnotes (1)
- The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest.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 such vesting dates. Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of March 9, 2026, in connection with the cash dividend that was declared by the Issuer and distributed on March 16, 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 7 DEUs and 920 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 employment on such vesting dates. Consists of 8 DEUs and 947 GSUs. 1/4th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates. Consists of 8 DEUs and 1,140 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 1,680 GSUs.
FAQ
What insider activity did Alphabet (GOOG) director R. Martin Chavez report on this Form 4?
R. Martin Chavez reported receiving four small equity awards, each for 1.0000 Class C Google Stock Unit, on March 16, 2026. These are classified as grant or award acquisitions and reflect stock-based compensation rather than open-market purchases or sales of Alphabet shares.
What type of Alphabet securities did Martin Chavez acquire in the latest Form 4 filing?
He acquired Class C Google Stock Units, which are stock-based awards that convert into Alphabet Class C Capital Stock as they vest. Footnotes state each GSU or related dividend equivalent unit entitles him to one Class C share when the applicable vesting conditions are satisfied.
How many Alphabet Class C Google Stock Units does Martin Chavez hold after these transactions?
After the March 16, 2026 awards, Martin Chavez directly holds 1,684 Class C Google Stock Units. These units vest over time according to specified monthly schedules that depend on his continued service, ultimately delivering an equivalent number of Alphabet Class C shares upon vesting.
What are dividend equivalent units (DEUs) mentioned in Martin Chavez’s Alphabet Form 4 footnotes?
Dividend equivalent units accrue on existing Google Stock Units when Alphabet pays cash dividends. Footnotes note DEUs accrued on GSUs held as of March 9, 2026, tied to a dividend distributed March 16, 2026. Each DEU vests on the same schedule as the underlying GSU and converts into one Class C share.
How do the Alphabet Google Stock Units reported by Martin Chavez vest over time?
Footnotes describe monthly vesting schedules where either one forty-eighth or one quarter of the grant vests at specified times, followed by additional monthly installments. Vesting is conditioned on continued service on the Board or continued employment on the relevant vesting dates.