Alphabet (NASDAQ: GOOGL) director receives 1,400 Class C GSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hennessy John L. reported acquisition or exercise transactions in this Form 4 filing.
Alphabet Inc. director John L. Hennessy reported updated holdings and a new equity award. On July 1, 2026, he received an annual director grant of 1,400 Class C Google Stock Units (GSUs) at a price of $0.00 per unit.
Each GSU entitles him to receive one share of Alphabet Class C Capital Stock as the units vest over time, subject to continued board service or employment as described in the vesting schedules.
Following these updates, he indirectly holds 20,624 shares of Class A Common Stock and 1,481 shares of Class C Capital Stock through a trust, and directly holds 1,199 shares of Class C Capital Stock plus several tranches of outstanding Class C GSUs, including awards with post-transaction balances of 2,166, 1,405, 1,024, and the new 1,400-unit grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Hennessy John L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Google Stock Units | 1,400 | $0.00 | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Google Stock Units | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Google Stock Units — 1,400 shares (Direct, null);
Class C Capital Stock — 1,199 shares (Direct, null);
Class C Capital Stock — 1,481 shares (Indirect, By Trust);
Class A Common Stock — 20,624 shares (Indirect, By Trust)
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. 1/48 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). Annual Director grant. 1/48th of GSU grant vested on July 25, 2022 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates. 1/48th of GSU grant vested on July 25, 2023 and an additional 1/48th vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates. 1/48 of GSUs will vest 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.
Key Figures
New GSU grant: 1,400 Class C Google Stock Units at $0.00
Indirect Class A holdings: 20,624 shares
Indirect Class C holdings: 1,481 shares
+4 more
7 metrics
New GSU grant
1,400 Class C Google Stock Units at $0.00
Annual director grant on July 1, 2026
Indirect Class A holdings
20,624 shares
Class A Common Stock held by trust after transactions
Indirect Class C holdings
1,481 shares
Class C Capital Stock held by trust after transactions
Direct Class C holdings
1,199 shares
Class C Capital Stock held directly after transactions
GSU tranche balance
2,166 Class C GSUs
One outstanding GSU award after transactions
GSU tranche balance
1,405 Class C GSUs
Another outstanding GSU award after transactions
GSU tranche balance
1,024 Class C GSUs
Additional outstanding GSU award after transactions
Key Terms
Google Stock Units, Annual Director grant, vesting, Class C Capital Stock, +1 more
5 terms
Google Stock Units financial
"The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share"
Annual Director grant financial
"Annual Director grant."
vesting financial
"1/48 of GSUs shall vest on the 25th of the month of the Grant Date"
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.
Class C Capital Stock financial
"one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU"
By Trust financial
"direct_or_indirect: "I", nature_of_ownership: "By Trust""
FAQ
What did Alphabet (GOOG) director John L. Hennessy report in this Form 4?
John L. Hennessy reported an updated snapshot of his Alphabet holdings. The filing includes an annual director grant of 1,400 Class C Google Stock Units and shows his direct and indirect ownership in Alphabet Class A and Class C shares and GSUs.
How many Class C Google Stock Units did Hennessy receive from Alphabet (GOOG)?
Hennessy received 1,400 Class C Google Stock Units as an annual director grant. These units were awarded at $0.00 per unit and are part of his equity compensation, vesting over time according to the detailed schedules described in the footnotes.
What do Alphabet (GOOG) Class C Google Stock Units represent for John L. Hennessy?
Each Class C Google Stock Unit entitles Hennessy to one share of Alphabet Class C Capital Stock as it vests. Vesting occurs monthly in small fractions, and is conditioned on his continued service on the board or continued employment, as outlined in the footnote descriptions.
Is the 1,400-unit Alphabet (GOOG) GSU award an open-market purchase or compensation?
The 1,400-unit Class C Google Stock Unit award is compensation, not an open-market purchase. It is described as an annual director grant, carries a price of $0.00 per unit, and vests over time subject to Hennessy’s continued service on Alphabet’s board.