Google Board Member Expands Stake Through Dividend-Related Stock Awards

Rhea-AI Filing Summary

Alphabet Inc. (GOOGL) director R. Martin Chavez reported multiple transactions involving Class C Google Stock Units (GSUs) on June 16, 2025. The transactions primarily consisted of dividend equivalent units (DEUs) acquisitions following a cash dividend distribution.

Key transaction details:

• Acquired 3 DEUs on 2,574 existing GSUs (total: 2,589 units)
• Acquired 2 DEUs on 1,480 existing GSUs (total: 1,489 units)
• Acquired 2 DEUs on 1,506 existing GSUs (total: 1,513 units)
• Directly owns 8,167 shares of Class C Capital Stock

The GSUs vest on different schedules, with most following a 1/48th monthly vesting pattern. All DEUs will vest according to the same schedule as their underlying GSUs. Each unit (GSU/DEU) converts to one share of Alphabet Class C Capital Stock upon vesting.

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
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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)
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		3(2)	A	$0	2,589(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 Capital Stock								8,167	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 Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest. 1/4th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests on the 25th day of each month thereafter, subject to continued service on the Board on the applicable 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 15 DEUs and 2,574 GSUs.

4. 1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests 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 employment on such vesting dates.

7. Consists of 7 DEUs and 1,506 GSUs.

	/s/ Valentina Margulis, as Attorney-in-Fact for R. Martin Chavez	06/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider trading activity occurred at GOOGL on June 16, 2025?

Director R. Martin Chavez received dividend equivalent units (DEUs) on his existing Google Stock Units (GSUs). Specifically, he acquired 3 DEUs for one set of GSUs, 2 DEUs for another set, and 2 DEUs for a third set, all at $0 price. These DEUs convert to Class C Capital Stock upon vesting.

How many shares of GOOGL Class C Capital Stock does Director Chavez own directly?

According to the Form 4 filing, R. Martin Chavez directly owns 8,167 shares of Alphabet Inc. Class C Capital Stock.

What is the vesting schedule for GOOGL Director Chavez's Google Stock Units?

The filing shows multiple GSU grants with different vesting schedules: 1) One grant vests 1/4th initially on July 25, 2023, then 1/48th monthly, 2) Another grant vests 1/48th monthly from July 25, 2023, and 3) A third grant vests 1/48 monthly for 31 months, then on the 1st day of each month for 17 months.

How many Google Stock Units (GSUs) does GOOGL Director Chavez hold after this transaction?

Following the reported transactions, Chavez holds three sets of GSUs and DEUs: 2,589 units (2,574 GSUs + 15 DEUs), 1,489 units (1,480 GSUs + 9 DEUs), and 1,513 units (1,506 GSUs + 7 DEUs), totaling 5,591 units.