DOERR L JOHN 4

What Happened
John Doerr, a director of Alphabet Inc. (GOOGL), was granted a series of Google Stock Units (GSUs) and dividend-equivalent units (DEUs) on March 16, 2026. The awards total 4,029 GSUs and 22 DEUs (4,051 units total). These were granted as awards (no cash paid; reported at $0.00 per unit) and will convert to one share of Alphabet Class C capital stock for each unit as they vest.

Key Details

• Transaction date: March 16, 2026; Report filed: March 18, 2026 (filed within the Form 4 two-business-day window).
• Reported price: $0.00 (award/grant).
• Units awarded (breakdown from filing footnotes):
  • 947 GSUs + 8 DEUs
  • 262 GSUs + 2 DEUs
  • 1,140 GSUs + 8 DEUs
  • 1,680 GSUs + 4 DEUs
  • Total: 4,029 GSUs and 22 DEUs = 4,051 shares-equivalent upon vesting.
• Shares owned after transaction: not specified in the provided excerpt.
• Notable footnotes:
  • DEUs are dividend-equivalent units that accrued on GSUs (dividend declared Mar 9, paid Mar 16) and will vest on the same schedule as the underlying GSUs.
  • GSUs/DEUs vest monthly (generally over a 48-month schedule, 1/48th per month, subject to continued Board service; specific grants use a mix of 25th- and 1st-of-month vesting dates).
  • These awards are reported as "A" (award/grant) — not purchases or sales.

Context

• GSUs are restricted/conditional stock units used for director compensation; each converts to one Class C share when it vests. DEUs represent cash dividend equivalents that will convert to shares on the same vesting schedule.
• Awards are compensation and routine for directors; they do not necessarily indicate the insider’s short-term market view.
• No cash changed hands on grant; vesting is subject to continued service, so the shares will be delivered over time as vesting conditions are met.