Alphabet director gifts 1,181 Class C shares
Alphabet director R. Martin Chavez disclosed a bona fide gift of Class C shares while retaining nearly ten thousand shares and several vesting Google Stock Units.
Rhea-AI Filing Summary
Alphabet Inc. (GOOGL) director R. Martin Chavez reported a bona fide gift of 1,181 shares of Class C Capital Stock on September 1, 2026, at a reported price of $0.00 per share. After this charitable transfer, he directly holds 9,989 Class C shares. No Rule 10b5-1 trading plan is reported.
Chavez also reports multiple grants of Class C Google Stock Units, each convertible into one Class C share as they vest on specified monthly schedules, generally subject to continued employment or Board service on the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,181 shares gifted
Gift
5 txns
Insider
CHAVEZ R. MARTIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class C Capital Stock | 1,181 | $0.00 | $0.00 |
| holding | Class C Google Stock Units F1 | -- | -- | -- |
| holding | Class C Google Stock Units F2 | -- | -- | -- |
| holding | Class C Google Stock Units F3 | -- | -- | -- |
| holding | Class C Google Stock Units F4 | -- | -- | -- |
Holdings After Transaction:
Class C Capital Stock — 9,989 shares (Direct);
Class C Google Stock Units — 3,872 shares (Direct)
Footnotes (4)
- F1. 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 employment on such vesting dates.
- F2. 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.
- F3. 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.
- F4. 1/48 of GSUs shall vest on the 25th of the month of the Grant Date, vesting 1/48 every 1 month(s) for 7 event(s); 1/48 of GSUs shall vest on the 1st of the month 7 month(s) after the Grant Date, vesting 1/48 every 1 month(s) for 41 event(s), subject to continued employment on such vesting date(s).
Key Figures
Class C shares gifted: 1,181 shares
Class C shares held after transaction: 9,989 shares
Reported gift price per share: $0.00 per share
+2 more
5 metrics
Class C shares gifted
1,181 shares
Bona fide gift on September 1, 2026
Class C shares held after transaction
9,989 shares
Direct holdings after the September 1, 2026 gift
Reported gift price per share
$0.00 per share
Bona fide gift of 1,181 Class C shares
Gift transactions
1 transaction
Single bona fide gift reported in this Form 4
Holding entries for GSUs
4 entries
Reported Class C Google Stock Unit positions with vesting schedules
Key Terms
Bona fide gift, Google Stock Units, vesting, continued employment
4 terms
Bona fide gift regulatory
"transaction code description notes a Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Google Stock Units financial
"The Google Stock Units (GSUs) entitle the Reporting Person"
vesting financial
"1/48 of GSUs vests on the 25th day of each month"
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.
continued employment other
"subject to continued employment on such vesting dates"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
What did Alphabet (GOOG) director R. Martin Chavez report in this Form 4?
He reported a bona fide gift of 1,181 shares of Alphabet Class C Capital Stock on September 1, 2026, at a reported price of $0.00 per share, and disclosed ongoing holdings of Class C shares and multiple Google Stock Unit grants.
Is R. Martin Chavez’s Alphabet (GOOG) Form 4 transaction under a Rule 10b5-1 plan?
The filing indicates that the Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported in connection with the September 1, 2026 gift transaction.
What are the Class C Google Stock Units reported by R. Martin Chavez at Alphabet (GOOG)?
The filing describes Google Stock Units (GSUs) that each entitle him to receive one share of Alphabet Class C Capital Stock as they vest, generally in monthly installments over multi-year periods, subject to continued employment or Board service on the vesting dates.
How do the Google Stock Units for R. Martin Chavez at Alphabet (GOOG) vest?
Footnotes state varying schedules, including tranches where 1/48 of GSUs vests monthly over specified months, with some structures shifting from the 25th to the 1st of the month, all subject to continued employment or Board service on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
