GOOGL Form 4: Doerr Receives GSUs and Dividend Equivalent Units on 09/15/2025
Rhea-AI Filing Summary
L. John Doerr, a director of Alphabet Inc. (GOOGL), reported multiple acquisitions of Google Stock Units (GSUs) and dividend equivalent units (DEUs) on 09/15/2025. The Form 4 shows DEUs that accrued in connection with a cash dividend distributed on 09/15/2025 and several GSU vesting events. All reported GSU/DEU transactions carried a price of $0, reflecting issuance/vesting rather than open-market purchases. Following the reported transactions the filing lists beneficial ownership of 69,700 shares of Class A common stock and 138,599 shares of Class C capital stock. The reported entries describe monthly vesting schedules (1/48th portions) with continued board service as a condition for vesting.
Positive
- Reported increase in director's equity holdings via GSUs and DEUs, raising disclosed beneficial ownership in both Class A and Class C shares
- All GSU/DEU transactions reported at $0, indicating vesting/issuance consistent with standard compensation rather than market purchases
Negative
- None.
Insights
TL;DR: Director received vested equity and dividend equivalents; standard board-compensation mechanics, no cash purchases.
The Form 4 documents routine director compensation activity: grant-related Google Stock Units and accrued dividend equivalent units that vest over time in 1/48th increments, with continued board service required. The transactions are reported as acquisitions at a $0 price, consistent with vesting/issuance. The filing increases the director's reported beneficial ownership in both Class A and Class C shares, and includes clear vesting schedules tied to board service, which is typical for non-employee director equity awards.
TL;DR: Multiple GSUs and DEUs added to director holdings; ownership totals disclosed, no market transactions or sales reported.
The report shows additions of GSUs and DEUs as of 09/15/2025, including specific unit counts and the note that DEUs arose from a cash dividend declared and distributed on 09/15/2025. The filing shows the director holds 69,700 Class A and 138,599 Class C shares following these events. No derivative exercises, open-market purchases, or dispositions are recorded. Impact on share count and potential future dilution is limited to issuance upon vesting under the disclosed schedules.
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 A Common 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. 1/48 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. 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 9 DEUs and 1,303 GSUs. 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. Consists of 4 DEUs and 660 GSUs. 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 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.
