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Alphabet (GOOG) CFO Ashkenazi reports GSU vesting, share conversion and tax withholding

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

Rhea-AI Filing Summary

Alphabet Inc. reported that SVP and Chief Financial Officer Anat Ashkenazi had previously granted Class C Google Stock Units (GSUs) vest on June 25, 2026. Several GSU tranches converted into Class C capital stock, including 10,148 shares, increasing her direct Class C holdings to 136,978 shares following that conversion.

To cover related tax obligations from GSU vesting, a total of 10,241 GSUs were disposed of at a price of $345.04 per unit, reflected as tax-withholding transactions rather than open-market sales. After one of these vesting and withholding events, Ashkenazi directly held 66,041 GSUs.

Positive

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Negative

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Insider Ashkenazi Anat
Role SVP, Chief Financial Officer
Type Security Shares Price Value
Conversion Class C Google Stock Units 4,128 $0.00 --
Tax Withholding Class C Google Stock Units 4,166 $345.04 $1.44M
Conversion Class C Google Stock Units 4,256 $0.00 --
Tax Withholding Class C Google Stock Units 4,295 $345.04 $1.48M
Conversion Class C Google Stock Units 1,764 $0.00 --
Tax Withholding Class C Google Stock Units 1,780 $345.04 $614K
Conversion Class C Capital Stock 10,148 $0.00 --
Holdings After Transaction: Class C Google Stock Units — 20,755 shares (Direct, null); Class C Capital Stock — 136,978 shares (Direct, null)
Footnotes (1)
  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. The GSUs will vest as follows: 25% of the GSUs will vest on each March 25, 2026, June 25, 2026, September 25, 2026 and December 25, 2026, subject to continued employment on such vesting dates. Vesting of GSUs grant of which was previously reported in Form 4. Shares withheld to satisfy tax obligations arising out of vesting of GSUs. The GSUs vest as follows: (i) 15/136th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; (ii) 19/272nd 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. 19/117 of GSUs will vest on the 25th of the month of the Grant Date; 19/468 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 19/468 every 1 month(s) for 8 event(s); 5/234 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 5/117 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 5/234 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 5/234 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).
Class C shares from conversion 10,148 shares Class C capital stock received via GSU conversion on June 25, 2026
Class C shares held 136,978 shares Direct Class C capital stock holdings after reported conversion
Tax-withheld GSUs 10,241 shares Total GSUs delivered to satisfy tax obligations on vesting
Tax withholding price $345.04 per unit Price used for F-code GSU tax-withholding dispositions
GSUs held after event 66,041 units Direct Class C Google Stock Units after one vesting/withholding entry
Class C Google Stock Units financial
"Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock"
GSUs financial
"The GSUs will vest as follows: 25% of the GSUs will vest on each March 25, 2026, June 25, 2026"
tax obligations financial
"Shares withheld to satisfy tax obligations arising out of vesting of GSUs."
vesting financial
"subject to continued employment on such vesting dates."
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.
Conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
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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*
Ashkenazi Anat

(Last)(First)(Middle)
C/O ALPHABET INC.
1600 AMPHITHEATRE PRKW

(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)
SVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
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)06/25/2026C(2)4,128D$020,755D
Class C Google Stock Units(1)06/25/2026F(3)4,166D$345.0416,589D
Class C Google Stock Units(4)06/25/2026C(2)4,256D$055,600D
Class C Google Stock Units(4)06/25/2026F(3)4,295D$345.0451,305D
Class C Google Stock Units(5)06/25/2026C(2)1,764D$067,821D
Class C Google Stock Units(5)06/25/2026F(3)1,780D$345.0466,041D
Class C Capital Stock06/25/2026C(2)10,148A$0136,978D
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. The GSUs will vest as follows: 25% of the GSUs will vest on each March 25, 2026, June 25, 2026, September 25, 2026 and December 25, 2026, subject to continued employment on such vesting dates.
2. Vesting of GSUs grant of which was previously reported in Form 4.
3. Shares withheld to satisfy tax obligations arising out of vesting of GSUs.
4. The GSUs vest as follows: (i) 15/136th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; (ii) 19/272nd 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. 19/117 of GSUs will vest on the 25th of the month of the Grant Date; 19/468 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 19/468 every 1 month(s) for 8 event(s); 5/234 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 5/117 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 5/234 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 5/234 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).
/s/ Fadillah Badar, as Attorney-in-Fact for Anat Ashkenazi06/29/2026
** 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 did Alphabet (GOOG) CFO Anat Ashkenazi report in this Form 4?

Anat Ashkenazi reported vesting and conversion of previously granted Class C Google Stock Units into Class C capital stock, along with share dispositions used to satisfy tax obligations tied to those vesting events, with no open-market purchases or sales disclosed in the transactions.

How many Alphabet Class C shares did the CFO hold after the main conversion?

After a key GSU conversion, Anat Ashkenazi directly held 136,978 shares of Alphabet Class C capital stock. This reflects one reported conversion transaction involving 10,148 shares that were delivered as the underlying GSUs vested on June 25, 2026.

Were any Alphabet (GOOG) shares sold by the CFO on the open market?

No open-market sales were reported. The filing shows F-code transactions where 10,241 Class C Google Stock Units were delivered at $345.04 per unit solely to satisfy tax obligations arising from GSU vesting, rather than discretionary market sales of Alphabet stock.

What are Class C Google Stock Units (GSUs) reported in Alphabet’s Form 4?

Class C Google Stock Units are equity awards that entitle the holder to receive one share of Alphabet Class C capital stock for each unit as it vests. The vesting schedules disclosed require continued employment through specific quarterly vesting dates to receive the underlying shares.

How many Alphabet GSUs were withheld for taxes in this Form 4?

The filing aggregates three tax-withholding events totaling 10,241 Class C Google Stock Units. These units were delivered back at a transaction price of $345.04 per unit to cover tax liabilities generated when separate GSU tranches vested into Alphabet Class C capital stock.

Does this Alphabet (GOOG) Form 4 indicate a change in CFO ownership scale?

The Form 4 shows routine compensation-related vesting and tax withholding. After one reported GSU conversion, Anat Ashkenazi held 136,978 Class C shares, while separate entries show continuing GSU holdings, indicating ongoing significant equity exposure rather than a large discretionary reduction.