DOERR L JOHN 4
Research Summary
AI-generated summary
Alphabet (GOOGL) Director John Doerr Receives Equity Award
What Happened
- John L. Doerr, a director of Alphabet Inc. (GOOGL), was granted/received multiple equity award entries on June 15, 2026 totaling 2.55 shares (0.5, 0.05, 1, and 1) reported at $0.00 each (total reported cash = $0). These entries represent Google Stock Units (GSUs) and dividend equivalent units (DEUs), not open‑market purchases or sales.
Key Details
- Transaction date: June 15, 2026; Form filed: June 17, 2026 (filed within the typical two‑business‑day Form 4 window).
- Reported transactions: acquisitions (award/grant) of 0.5, 0.05, 1.0 and 1.0 shares at $0.00 each.
- Shares owned after transaction: not specified in the excerpt provided.
- Notable footnotes from the filing:
- F1: GSUs convert 1-for-1 into Alphabet Class C shares as they vest.
- F2: DEUs shown accrued in connection with a cash dividend declared and distributed June 15, 2026; DEUs vest on the same schedule as underlying GSUs.
- F3/F5/F7/F9: filing notes include groupings of GSUs and DEUs (examples: 770 GSUs + 7 DEUs; 80 GSUs + 1 DEU; 1,018 GSUs + 8 DEUs; 1,554 GSUs + 4 DEUs).
- F4/F6/F8: vesting schedule references—GSUs vest monthly in 1/48th increments over the multi‑year schedule described in the filing.
- F10: filing states all shares are exercisable as of the transaction date (as noted in the filing).
- F11: notes that the Issuer's Class B common stock has no expiration date (filing text).
- Filing timeliness: filed June 17 for transactions on June 15 (appears timely).
Context
- GSUs are restricted stock units that convert into Alphabet Class C common shares as they vest; DEUs are dividend equivalents tied to GSUs and vest on the same schedule. These awards are standard director compensation and represent future equity rather than an immediate market purchase or sale. No shares were sold and no cash was paid in connection with these reported awards.