GOOGL Insider Filing: Roger W. Ferguson Jr. Records GSUs and DEUs from Dividend
Rhea-AI Filing Summary
Alphabet director Roger W. Ferguson Jr. reported multiple acquisitions of Google Stock Units (GSUs) and dividend equivalent units (DEUs) on 09/15/2025 that vest over scheduled monthly periods. The Form 4 shows several GSU grants and DEUs credited in connection with a cash dividend distributed 09/15/2025, with specific reported increases of 664, 1,312, 1,392 and a disposal-like entry of 1,930 Class C Google Stock Units, plus existing beneficial ownership of 7,297 Class C shares directly and 53,300 Class C shares indirectly via the Roger W Ferguson Jr 2016 Revocable Trust. The filing was signed by an attorney-in-fact on 09/17/2025.
Positive
- Director awards disclosed: Multiple Google Stock Units (GSUs) and dividend equivalent units (DEUs) were recorded, showing alignment of director compensation with equity incentives
- Clear vesting schedules: GSUs/DEUs vest monthly with specified 1/48th or alternate monthly schedules, providing transparency on future share delivery
- Ownership disclosure: Reporting shows both direct (7,297 Class C shares) and indirect (53,300 Class C shares via revocable trust) holdings
Negative
- None.
Insights
TL;DR: Routine director equity awards and accrued dividend units recorded; not a disposition of underlying stock.
The Form 4 documents director compensation in the form of Google Stock Units and related dividend equivalent units that vest monthly under board-service conditions. The reported amounts reflect accruals tied to a dividend paid 09/15/2025 and scheduled vesting patterns (1/48th monthly or specified monthly schedules). A mix of direct and indirect holdings is disclosed, including 7,297 Class C shares directly and 53,300 indirectly via a revocable trust, indicating concentrated ownership through customary director grants rather than open-market trades.
TL;DR: Standard director compensation disclosure; vesting tied to continued board service and dividend accruals.
The filing follows expected governance practice by reporting GSUs and DEUs with clear vesting schedules linked to continued board service. The Form 4 clarifies the nature of DEUs as dividend-equivalent units that vest with the underlying GSUs and notes indirect ownership via a revocable trust. Execution and signature by an attorney-in-fact are documented, showing procedural compliance with Section 16 filing requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 1 | $0.00 | -- |
| Grant/Award | Class C Google Stock Units | 2 | $0.00 | -- |
| holding | Class C Capital Stock | -- | -- | -- |
| holding | Class C Capital Stock | -- | -- | -- |
Footnotes (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 the Board on the appliable vesting dates. Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of September 8, 2025, in connection with the cash dividend that was declared by the Issuer and distributed on September 15, 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. Consists of 4 DEUs and 660 GSUs. 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 the Board on the appliable vesting dates. Consists of 9 DEUs and 1,303 GSUs. 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 appliable vesting dates. Consists of 8 DEUs and 1,384 GSUs. 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. Consists of 2 DEUs and 1,932 GSUs.