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Nobel Laureate Arnold Strengthens Stake in Google with New Stock Awards

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

Rhea-AI Filing Summary

Frances Arnold, Director at Alphabet, reported multiple transactions of Google Stock Units (GSUs) on June 16, 2025. The transactions primarily involved the accrual of dividend equivalent units (DEUs) following a cash dividend distribution.

Key transaction details:

  • Acquired 1 DEU on GSUs from July 2022 grant (total holdings: 865 units)
  • Acquired 2 DEUs on GSUs from July 2023 grant (total holdings: 1,489 units)
  • Acquired 2 DEUs on monthly vesting GSUs (total holdings: 1,513 units)
  • Currently holds 60 GSUs from July 2021 grant
  • Total direct ownership: 17,268 shares of Class C Capital Stock

All GSUs vest monthly at 1/48th rate, subject to continued service. The DEUs will vest on the same schedule as their underlying GSUs. Each unit converts to one share of Alphabet Class C Capital Stock upon vesting.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
ARNOLD FRANCES

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

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Alphabet Inc. [ GOOGL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class C Google Stock Units(1) 06/16/2025 A 1(2) A $0 865(3) D
Class C Google Stock Units(4) 06/16/2025 A 2(2) A $0 1,489(5) D
Class C Google Stock Units(6) 06/16/2025 A 2(2) A $0 1,513(7) D
Class C Google Stock Units(8) 60 D
Class C Capital Stock 17,268 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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. 1/48th of GSUs vested on July 25, 2022 and an additional 1/48th of GSUs will vest monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates.
2. Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of June 9, 2025, in connection with the cash dividend that was declared by the Issuer and distributed on June 16, 2025. 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.
3. Consists of 5 DEUs and 860 GSUs.
4. 1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs will vest monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates.
5. Consists of 9 DEUs and 1,480 GSUs.
6. 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 service on such vesting dates.
7. Consists of 7 DEUs and 1,506 GSUs.
8. 1/48th of GSUs vested on July 25, 2021 and an additional 1/48th of GSUs will vest monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates.
/s/ Valentina Margulis, as Attorney-in-Fact for Frances H. Arnold 06/18/2025
** Signature of Reporting Person Date
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.

FAQ

How many Google Stock Units (GSUs) does Frances Arnold own in GOOGL as of June 2025?

According to the Form 4 filing, Frances Arnold owns several tranches of GSUs: 865 units (including 5 DEUs), 1,489 units (including 9 DEUs), 1,513 units (including 7 DEUs), and 60 units, totaling 3,927 Google Stock Units. Additionally, she owns 17,268 shares of Class C Capital Stock directly.

What is the vesting schedule for Frances Arnold's newest GOOGL stock units?

The newest tranche of GSUs vests 1/48 of the units on the 25th day of each month for 31 months and on the 1st day of each month for the following 17 months, subject to continued service on such vesting dates.

When did GOOGL director Frances Arnold receive dividend equivalent units (DEUs)?

Frances Arnold received dividend equivalent units (DEUs) on June 16, 2025, which were granted in connection with a cash dividend declared by Alphabet Inc. and distributed on June 16, 2025. The DEUs will vest on the same schedule as the GSUs on which they accrued.

What is Frances Arnold's role at GOOGL according to the Form 4?

According to the Form 4 filing, Frances Arnold serves as a Director of Alphabet Inc. (GOOGL), as indicated by the 'X' marked in the Director box under Section 5 'Relationship of Reporting Person(s) to Issuer.'
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