Alphabet (GOOG) appoints Marsida Saraci as new Principal Accounting Officer with GSU grants
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Alphabet Inc. appointed Marsida Saraci, its Vice President and Controller, as Principal Accounting Officer, effective immediately. She has been with Alphabet since April 2011 and previously worked at KPMG for over eight years.
In connection with the appointment, Saraci will receive restricted stock unit (GSU) awards totaling $720,000 in value, split into a $280,000 grant vesting in 1/20th monthly increments and a $440,000 grant vesting in 1/32nd monthly increments, both starting in July 2026. The number of GSUs will be based on the average closing price of Alphabet’s Class C capital stock during June 2026, and each vested GSU converts into one Class C share under Alphabet’s Amended and Restated 2021 Stock Plan.
Positive
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
GSU grant 1 value: $280,000
GSU grant 2 value: $440,000
Total GSU award value: $720,000
+3 more
6 metrics
GSU grant 1 value
$280,000
Restricted stock units vesting in 1/20th monthly increments starting July 2026
GSU grant 2 value
$440,000
Restricted stock units vesting in 1/32nd monthly increments starting July 2026
Total GSU award value
$720,000
Combined value of two GSU grants linked to appointment
Vesting start date
July 2026
Start of monthly vesting for both GSU grants
Service at Alphabet
Since April 2011
Tenure of Marsida Saraci at Alphabet before appointment
Prior experience
Over 8 years
Saraci’s tenure at KPMG before joining Alphabet
Key Terms
Principal Accounting Officer, restricted stock units, Class C capital stock, Amended and Restated 2021 Stock Plan, +1 more
5 terms
Principal Accounting Officer financial
"Alphabet announced the appointment of Marsida Saraci ... as its Principal Accounting Officer, effective immediately."
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
restricted stock units financial
"In connection with her appointment, Ms. Saraci will be granted the following restricted stock units (“GSUs”):"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class C capital stock financial
"The number of GSUs will be calculated by dividing the GSU award amount by the average closing price of Alphabet’s Class C capital stock during the month of June 2026."
Amended and Restated 2021 Stock Plan financial
"The GSUs are subject to the terms and conditions of Alphabet’s Amended and Restated 2021 Stock Plan and the award agreement."
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What executive change did Alphabet (GOOG) disclose in this 8-K?
Alphabet appointed Marsida Saraci as its Principal Accounting Officer, effective immediately. She currently serves as Vice President and Controller and has been with Alphabet since April 2011, after more than eight years at KPMG in finance and accounting roles.
Who is Marsida Saraci, Alphabet’s new Principal Accounting Officer?
Marsida Saraci is Alphabet’s Vice President and Controller, now also Principal Accounting Officer. She joined Alphabet in April 2011 and previously worked at KPMG for over eight years, bringing extensive accounting and financial reporting experience to the role within the company’s finance organization.
What equity awards will Marsida Saraci receive from Alphabet (GOOG)?
In connection with her appointment, Saraci will receive GSUs valued at $280,000 and $440,000. These restricted stock units convert into Alphabet Class C shares upon vesting and are granted under Alphabet’s Amended and Restated 2021 Stock Plan and a corresponding award agreement.
How do Marsida Saraci’s new GSUs at Alphabet vest over time?
The $280,000 GSU grant vests in 1/20th monthly increments starting July 2026. The $440,000 GSU grant vests in 1/32nd monthly increments from the same month, creating two separate monthly vesting schedules linked to her Principal Accounting Officer role.
How will Alphabet determine the number of GSUs granted to Marsida Saraci?
Alphabet will calculate the number of restricted stock units by dividing each GSU award amount by the average closing price of its Class C capital stock during June 2026. This ties the share count to the market value of Alphabet’s Class C shares that month.
What type of Alphabet stock will Marsida Saraci receive when GSUs vest?
Upon vesting, each GSU will entitle Marsida Saraci to receive one share of Alphabet’s Class C capital stock. These equity awards are governed by Alphabet’s Amended and Restated 2021 Stock Plan and the specific award agreement applicable to her grants.