Alphabet (GOOG) CBO Philipp Schindler awarded new stock and dividend units
Rhea-AI Filing Summary
Schindler Philipp reported acquisition or exercise transactions in this Form 4 filing.
Alphabet Inc. senior vice president and Chief Business Officer Philipp Schindler reported compensation-related equity grants rather than open-market trades. On June 15, 2026, he received 52, 45 and 22 Class C Google Stock Units (GSUs/DEUs) at $0.00 per unit, representing dividend equivalent units that accrued on existing GSUs in connection with a cash dividend distributed on June 15, 2026. These units will vest on the same schedules as the underlying GSUs, with detailed quarterly vesting through dates including March 25, 2026, December 25, 2026 and January 1, 2028, subject to continued employment. Following these awards, Schindler holds 907,893 shares of Alphabet Class C capital stock directly and additional Class C Google Stock Units, and 23 shares are held indirectly through the Schindler Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Google Stock Units | 22 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 45 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 52 | $0.00 | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
Footnotes (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. 1/6th of the GSU grant vested on June 25, 2024; 1/12th of the GSU grant vested on September 25, 2024, and an additional 1/12th of the grant vests quarterly thereafter on the 25th day of the month until fully vested, subject to continued employment on the applicable vesting dates. Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of June 8, 2026, in connection with the cash dividend that was declared by the Issuer and distributed on June 15, 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 312 DEUs and 36,226 GSUs. The GSUs will vest as follows: (i) 1/10th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; and (ii) 3/40th 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. Consists of 391 DEUs and 75,217 GSUs. 43/285 of GSUs will vest on the 25th of the month of the Grant Date; 43/1140 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 43/1140 every 1 month(s) for 8 event(s); 13/570 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 13/285 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 13/570 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 13/570 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s). Consists of 52 DEUs and 86,230 GSUs.