Alphabet (NASDAQ: GOOG) director granted Google Stock and dividend units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOERR L JOHN reported acquisition or exercise transactions in this Form 4 filing.
Alphabet Inc. director L. John Doerr reported compensation-related awards of Class C Google Stock Units and associated dividend equivalent units. These units each entitle him to receive one share of Alphabet Class C Capital Stock as they vest under multi-year monthly schedules, contingent on his continued service on the board.
The filing also updates his existing holdings, including indirect ownership through the Vallejo Ventures Trust of 22,348,940 shares of Class B Common Stock, which are exercisable and convertible into the same number of Class A shares, and 15,823,900 shares of Class C Capital Stock. He also holds Class A and Class C shares directly. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
DOERR L JOHN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 0.2 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
Holdings After Transaction:
Class C Google Stock Units — 955 shares (Direct);
Class B Common Stock — 22,348,940 shares (Indirect, Vallejo Ventures Trust);
Class A Common Stock — 69,700 shares (Direct);
Class C Capital Stock — 140,060 shares (Direct);
Class C Capital Stock — 15,823,900 shares (Indirect, Vallejo Ventures 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. 1/48 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. 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 8 DEUs and 947 GSUs. 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. Consists of 2 DEUs and 262 GSUs. 1/48th of GSUs vested on July 25, 2024 and an additional 1/48th of GSUs vests monthly thereafter until the GSUs are fully vested, subject to continued service on the Board on the appliable 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. All shares are exercisable as of the transaction date. There is no expiration date for the Issuer's Class B Common Stock.
FAQ
What insider activity did Alphabet (GOOG) report for director L. John Doerr?
Alphabet reported that director L. John Doerr received grants of Class C Google Stock Units and related dividend equivalent units as compensation. These awards are not open-market trades and will convert into Class C shares as they vest over time, subject to continued board service.
How do Google Stock Units (GSUs) work for Alphabet director L. John Doerr?
Each Google Stock Unit entitles L. John Doerr to receive one share of Alphabet Class C Capital Stock as it vests. Vesting generally occurs in monthly installments over several years, provided he continues serving on the board on each applicable vesting date described in the schedules.
What are dividend equivalent units (DEUs) mentioned in the Alphabet (GOOG) Form 4?
Dividend equivalent units accrued on L. John Doerr’s existing Google Stock Units in connection with a cash dividend distributed on March 16, 2026. Each DEU vests on the same schedule as its underlying GSU and entitles him to one share of Alphabet Class C Capital Stock upon vesting.