Schindler Philipp 4

What Happened

• Philipp Schindler, Senior Vice President and Chief Business Officer of Alphabet, reported two award acquisitions on March 16, 2026: 34 shares and 60 shares (total 94) acquired at $0.00. These awards are reported as Class C Google Stock Units (GSUs) and associated dividend equivalent units (DEUs) that convert to Alphabet Class C shares as they vest.

Key Details

• Transaction type/date: Awards (code A) on 2026-03-16; reported on Form 4 filed 2026-03-18.
• Price: $0.00 per share (these are equity awards, not cash purchases).
• Reported holdings: Footnotes show holdings across grants of 48,301 GSUs + 386 DEUs and 85,962 GSUs + 395 DEUs (combined: 134,263 GSUs and 781 DEUs).
• Vesting notes: Footnotes describe vesting schedules — one grant vested partially in 2024 (1/6 on 6/25/24; 1/12 on 9/25/24; then 1/12 quarterly thereafter) and another vests in scheduled tranches in 2025–2027 (1/10 on quarterly 2025 dates, then quarterly/monthly tranches through Jan 1, 2028), subject to continued employment.
• Dividend equivalents: DEUs accrued in connection with a cash dividend declared March 9, 2026 and distributed March 16, 2026; DEUs vest on the same schedule as the underlying GSUs.
• Timeliness: Filing date (Mar 18) is within normal Form 4 timing for the Mar 16 transaction (no late filing indicated).

Context

• GSUs/DEUs are deferred equity awards that convert into Class C shares as they vest; these are not open-market purchases or sales and require continued employment to vest. Awards reported at $0 reflect grant/acquisition accounting on the Form 4, not the market value of the underlying shares. Such awards are routine compensation and do not by themselves imply a buying or selling decision in the open market.