GOOGL Insider Filing: Porat Reports GSU Vesting and Trust Holdings

Rhea-AI Filing Summary

Alphabet Inc. reporting person Ruth M. Porat filed a Form 4 disclosing transactions dated 09/15/2025 which record the acquisition of Class C Google Stock Units (GSUs) and related dividend equivalent units (DEUs). The filing shows multiple GSU/DEU entries that vest on scheduled dates, and lists both direct and indirect holdings through trusts and an irrevocable trust. Specific post-transaction beneficial ownership figures are shown for individual GSU entries (for example 57,076, 28,396, and 92,528) and larger indirect holdings are reported for various trusts (including 120,000, 684,872, 200,000, and 975,000 shares of Class C capital stock).

Insights

Financial Analyst

TL;DR: Form 4 shows executive equity vesting and accruals, increasing reported Class C holdings through direct and trust ownership.

Ruth Porat's Form 4 documents acquisitions on 09/15/2025 of GSUs and DEUs that vest over specified schedules. The filing provides line-by-line post-transaction beneficial ownership amounts for each GSU/DEU entry and discloses significant indirect holdings held via named trusts. For investors, the filing is a routine insider reporting of compensation-related equity vesting rather than open-market buys or sells; it clarifies the composition of her holdings and the vesting mechanics tied to continued employment.

Corporate Governance Expert

TL;DR: The filing documents standard compensation vesting and trust structures; ownership is a mix of direct and trust-held Class C shares.

The Form 4 explains that GSUs convert into Class C capital stock as they vest and that DEUs accrued from a declared cash dividend will vest on the same schedule. It also identifies the reporting person as settlor/grantor of several trusts and notes spouse roles as trustees for certain trusts. These disclosures are consistent with governance transparency requirements for executive equity awards and trust arrangements.

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

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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).

1. Name and Address of Reporting Person^*

Porat Ruth

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CIO

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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)	09/15/2025		A		48(2)	A	$0	57,076(3)	D
Class C Google Stock Units(5)	09/15/2025		A		24(2)	A	$0	28,396(6)	D
Class C Google Stock Units(7)	09/15/2025		A		77(2)	A	$0	92,528(8)	D
Class C Capital Stock								120,000	I	The RAPP 2024 Irrevocable Trust(4)
Class C Capital Stock								684,872	D
Class C Capital Stock								200,000	I	RAPP 2024 GT Trust One(9)
Class C Capital Stock								975,000	I	RAPP 2024 GT Trust Two(10)

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. Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSUs as each GSU vests.1/6th of the GSUs vested on June 25, 2024; 1/12th of the GSUs vested on September 25, 2024, and an additional 1/12th of the GSUs vests quarterly thereafter on the 25th day of the month until the GSUs are fully vested, subject to continued employment on the applicable vesting dates.

2. 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.

3. Consists of 375 DEUs and 56,701 GSUs.

4. The Reporting Person is the settlor, and the Reporting Person's spouse is a trustee of the RAPP 2024 Irrevocable Trust.

5. 1/6th of the GSUs vested on June 25, 2023 and an additional 1/12th of the GSUs vests quarterly thereafter until the GSUs are fully vested, subject to continuing employment on the applicable vesting dates.

6. Consists of 187 DEUs and 28,209 GSUs.

7. The GSUs vest as follows: (i) 27/260th of the grant will vest on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; and (ii) 19/260th of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026, and on the 1st day of the month from April 1, 2027 through January 1, 2028, subject to continued employment on the applicable vesting dates.

8. Consists of 297 DEUs and 92,231 GSUs.

9. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GP Trust One.

10. The Reporting Person is the grantor and sole annuitant, and the Reporting Person's spouse is the sole trustee of the RAPP 2024 GP Trust Two.

	/s/ Kenneth Yi, as Attorney-in-Fact for Ruth M. Porat	09/17/2025
	** 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.
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FAQ

What transactions did Ruth M. Porat report on Form 4 for GOOGL?

The Form 4 reports acquisitions on 09/15/2025 of Class C Google Stock Units (GSUs) and related dividend equivalent units (DEUs).

How many shares are shown for the individual GSU entries after the reported transactions?

The filing lists post-transaction beneficial ownership for GSU entries of 57,076, 28,396, and 92,528 shares respectively.

Does the filing disclose indirect holdings through trusts for Ruth M. Porat?

Yes; the Form 4 discloses indirect holdings attributed to trusts including entries of 120,000, 684,872, 200,000, and 975,000 shares of Class C capital stock.

What is the vesting treatment for the dividend equivalent units (DEUs)?

The filing states DEUs accrued on GSUs in connection with a declared cash dividend and that those DEUs will vest on the same schedule as the underlying GSUs.

Who signed the Form 4 filing on behalf of Ruth M. Porat?

The filing is signed by /s/ Kenneth Yi, as Attorney-in-Fact for Ruth M. Porat dated 09/17/2025.