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Alphabet (GOOGL) Reports Routine 2,016-Share Director Equity Grant

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

Rhea-AI Filing Summary

Alphabet Inc. (GOOGL) – Form 4 insider filing

Director R. Martin Chavez reported the grant of 2,016 Class C Google Stock Units (GSUs) on 07/02/2025. The transaction is coded “A” (award) and is identified in the footnotes as the annual director equity grant. Each GSU converts into one share of Class C Capital Stock as it vests. After this award, the filing lists the director’s beneficial ownership as:

  • 2,016 newly awarded Class C GSUs
  • 2,404 Class C GSUs from a 2023 grant
  • 1,430 Class C GSUs from a separate 2023 grant
  • 1,472 Class C GSUs from a 2024 grant
  • 8,453 shares of Class C Capital Stock

The GSUs vest monthly over multi-year schedules conditioned on continued board service. No derivative securities were reported, and no sales were disclosed. The filing was signed on 07/11/2025 by Valentina Margulis as attorney-in-fact for the reporting person.

The transaction represents routine director compensation and does not signal any change in Alphabet’s operations or financial outlook.

Positive

  • None.

Negative

  • None.

Insights

TL;DR – Routine director equity grant; negligible impact on valuation.

The Form 4 simply documents Mr. Chavez’s 2025 director stock grant. At roughly 2,000 shares, the issuance is immaterial relative to Alphabet’s 12 billion-plus share count and does not affect earnings, cash flow, or governance structure. Insider acquisition can be viewed as modestly positive for alignment, but size and frequency make it a standard compensation event rather than a signal of insider sentiment. I classify the market impact as neutral.

Insider CHAVEZ R. MARTIN
Role Director
Type Security Shares Price Value
Grant/Award Class C Google Stock Units 2,016 $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 -- -- --
Holdings After Transaction: Class C Google Stock Units — 2,016 shares (Direct); Class C Capital Stock — 8,453 shares (Direct)
Footnotes (1)
  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. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 19 months and on the 1st day of each month for the following 29 months, subject to continued service on the Board on the applicable vesting dates. Annual Director grant. 1/4th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs 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 GSUs vested on July 25, 2023 and an additional 1/48th of GSUs 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 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 the Board on the applicable vesting dates.
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*
CHAVEZ R. MARTIN

(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)
07/02/2025
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) 07/02/2025 A(2) 2,016 A $0 2,016 D
Class C Google Stock Units(3) 2,404 D
Class C Google Stock Units(4) 1,430 D
Class C Google Stock Units(5) 1,472 D
Class C Capital Stock 8,453 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. 1/48 of GSUs will vest on the 25th day of each month following the grant date for 19 months and on the 1st day of each month for the following 29 months, subject to continued service on the Board on the applicable vesting dates.
2. Annual Director grant.
3. 1/4th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
4. 1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
5. 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 the Board on the applicable vesting dates.
/s/ Valentina Margulis, as Attorney-in-Fact for R. Martin Chavez 07/11/2025
** 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

What insider transaction did Alphabet (GOOGL) report on Form 4?

Director R. Martin Chavez received 2,016 Class C Google Stock Units on 07/02/2025 as an annual director grant.

How many Alphabet shares does R. Martin Chavez now beneficially own?

The filing lists 7,322 GSUs (across four grants) and 8,453 Class C shares of capital stock.

When will the newly granted GSUs vest?

1/48th vests on the 25th of each month for 19 months, then on the 1st of each month for the next 29 months, subject to continued board service.

Were any Alphabet shares sold in this Form 4?

No. The filing reports only an acquisition; no dispositions were disclosed.

Does this Form 4 affect Alphabet's share count materially?

No. The 2,016-share grant is immaterial relative to Alphabet’s multi-billion-share float.