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Ruth Porat of Alphabet (NASDAQ: GOOGL) granted new Google stock units

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

Rhea-AI Filing Summary

Alphabet Inc. President and CIO Ruth Porat reported compensation-related acquisitions of Class C Google Stock Units. On March 16, 2026, she received 26 and 47 Class C Google Stock Units in the form of dividend equivalent units linked to a cash dividend distributed that day. These units vest on the same schedules as the underlying Google Stock Units and entitle her to one share of Class C capital stock per unit when vested. Following these awards, she holds 38,103 and 68,367 Class C Google Stock Units in two direct accounts, combining Google Stock Units and dividend equivalent units. The filing also lists 768,095 shares of Class C capital stock held directly and additional Class C shares held indirectly through the RAPP 2024 Irrevocable Trust, RAPP 2024 GT Trust One and RAPP 2024 GT Trust Two.

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SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and CIO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class C Google Stock Units(1)03/16/2026A26(2)A$038,103(3)D
Class C Google Stock Units(4)03/16/2026A47(2)A$068,367(5)D
Class C Capital Stock768,095D
Class C Capital Stock120,000IThe RAPP 2024 Irrevocable Trust(6)
Class C Capital Stock200,000IRAPP 2024 GT Trust One(7)
Class C Capital Stock975,000IRAPP 2024 GT Trust Two(8)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 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.
3. Consists of 302 DEUs and 37,801 GSUs.
4. The GSUs vest as follows: (i) 27/260th of the grant will vest 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 313 DEUs and 68,054 GSUs.
6. The Reporting Person is the settlor, and the Reporting Person's spouse is a trustee of the RAPP 2024 Irrevocable Trust.
7. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GP Trust One.
8. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GP Trust Two.
/s/ Kenneth Yi, as Attorney-in-Fact for Ruth M. Porat03/18/2026
** Signature of Reporting PersonDate
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 insider transaction did Ruth Porat report for Alphabet (GOOGL)?

Ruth Porat reported compensation-related acquisitions of Class C Google Stock Units. She received 26 and 47 dividend equivalent units on March 16, 2026, tied to a cash dividend, which will convert into Class C capital stock as they vest over time.

How many Class C Google Stock Units does Ruth Porat hold after this Form 4?

After these awards, Ruth Porat holds 38,103 and 68,367 Class C Google Stock Units in two direct accounts. These figures combine Google Stock Units and related dividend equivalent units, each entitling her to one share of Alphabet Class C capital stock upon vesting.

What are dividend equivalent units (DEUs) in the Alphabet (GOOGL) filing?

Dividend equivalent units are additional stock units granted when a cash dividend is paid. In this case, DEUs accrued on Ruth Porat’s existing Google Stock Units as of March 9, 2026 and will vest on the same schedules, each delivering one Class C share when vested.

Do the reported Alphabet (GOOGL) transactions involve open-market buying or selling?

The reported transactions are grant or award acquisitions, not open-market trades. Code “A” indicates compensation-related awards of Google Stock Units and dividend equivalent units, so they do not represent discretionary buying or selling of Alphabet shares in the market.

What direct Class C shareholdings does Ruth Porat report in this Form 4?

The Form 4 lists 768,095 shares of Alphabet Class C capital stock held directly by Ruth Porat. These are separate from her Google Stock Units and dividend equivalent units and represent already-issued shares of Class C stock reported as part of her overall holdings.

What indirect Alphabet (GOOGL) holdings are reported through RAPP 2024 trusts?

Indirect Alphabet Class C holdings are reported through the RAPP 2024 Irrevocable Trust, RAPP 2024 GT Trust One, and RAPP 2024 GT Trust Two. These entries reflect shares held by the trusts, with Ruth Porat described as settlor or grantor and her spouse serving as trustee.
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