ARNOLD FRANCES 4

What Happened

• Frances Arnold, a director of Alphabet Inc. (GOOGL), was granted multiple equity awards on March 16, 2026. The Form 4 records four award-line acquisitions (each $0.00 price): 0.2, 1, 1 and 1 reported shares (awards).
• Footnotes clarify these awards consist of Google Stock Units (GSUs) and dividend equivalent units (DEUs). Aggregated across the four entries the awards consist of 4,027 GSUs and 22 DEUs — totaling 4,049 underlying units that will each convert to one share of Alphabet Class C stock as they vest. The grants were reported with no cash price (typical for restricted-equity awards).

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
• Reported acquisition price: $0.00 (award/grant).
• Aggregate award: 4,027 GSUs + 22 DEUs = 4,049 units that will each convert to one Class C share upon vesting.
• Vesting: GSUs and DEUs vest over time subject to continued service. Footnotes describe monthly vesting schedules (e.g., 1/48th monthly starting on specified dates, with some variations across grants).
• Shares owned after transaction: not specified in the provided data.
• Nature of transaction: Award/grant (transaction code A) — not a purchase or sale; therefore not a direct bullish/bearish trading signal.

Context

• GSUs convert to one share of Alphabet Class C capital stock per unit as they vest. DEUs are dividend-equivalent units that accrue cash dividends and vest on the same schedule as the related GSUs, each converting to one share on vesting.
• Director awards are routine compensation for board service and do not by themselves indicate the director is buying or selling stock.