Ferguson Roger W. Jr. 4
Research Summary
AI-generated summary
Alphabet (GOOGL) Director Roger W. Ferguson Jr. Receives Award
What Happened
Roger W. Ferguson Jr., a director of Alphabet Inc. (GOOGL), reported awards/vestings on March 16, 2026. The Form 4 shows acquisitions of 0.2, 1, and 1 shares (all at $0.00) and a disposition of 1 share (at $0.00). Total consideration reported was $0; the net change on the date was +1.2 shares (2.2 shares acquired less 1 share disposed). These entries reflect GSUs (Google Stock Units) and DEUs (dividend equivalent units) converting into Class C shares as they vest, not open-market trades.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (filed promptly).
- Reported prices: $0.00 for all items (awards/vestings and the one disposal). Total reported cash = $0.
- Net change on the date: +1.2 shares.
- Holdings/award notes: filing references GSUs (Google Stock Units) and DEUs (dividend equivalent units). Footnotes explain that each GSU/DEU converts to one Class C share as it vests and that DEUs vest on the same schedule as the underlying GSUs. Several footnotes list grouped balances (examples in filing: 2 DEUs + 260 GSUs; 8 DEUs + 947 GSUs; 8 DEUs + 1,140 GSUs; 4 DEUs + 1,680 GSUs).
- No 10b5-1 plan or sale-for-cash indicated; disposition at $0 likely reflects share delivery/withholding mechanics tied to awards (see footnotes).
- Filing timeliness: filed within the normal Form 4 window (not marked late).
Context
These transactions are award/vesting-related (A code) and represent equity units converting to shares rather than purchases or market sales. For retail investors, vesting events and dividend-equivalent credits are routine compensation mechanics for directors and do not necessarily signal a buy/sell view by the insider.