Ferguson Roger W. Jr. 4

What Happened

• Roger W. Ferguson Jr., a director of Alphabet Inc., received equity awards and dividend-equivalent units (transaction code A) reported 2026-06-15. The Form 4 lists three acquisitions: 0.05, 0.50 and 1.00 shares (all at $0.00) and one disposal of 1.00 share (at $0.00). The net effect reported in this filing is roughly +1.55 units (GSUs/DEUs) acquired, with no cash exchanged according to the filing.
• These entries represent Google Stock Units (GSUs) and dividend equivalent units (DEUs) that convert to one Class C share each as they vest; the filing records the grant/accrual, not an open-market purchase or cash sale.

Key Details

• Transaction date(s): 2026-06-15. Report filed: 2026-06-17 (timely filing).
• Prices: all entries reported at $0.00 (awards/accruals, not purchases).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F1: GSUs convert 1-for-1 to Alphabet Class C shares as they vest on the stated monthly schedules, subject to continued board service.
  • F2: DEUs shown accrued from the cash dividend declared and distributed June 15, 2026; DEUs vest on the same schedule as underlying GSUs.
  • Other footnotes (F3–F9) break down specific DEU/GSU groupings and vesting schedules referenced in the filing.
• Transaction code: A = Award/Grant. No 10b5-1 or tax-withholding sale indicated in the excerpt.

Context

• These are equity awards and dividend-equivalent credits tied to compensation and vesting schedules. They are not open-market purchases or sales and do not represent immediate liquidity events.
• Such director awards and DEUs are routine corporate compensation mechanics; they should be interpreted as grant/accrual reporting rather than a direct bullish or bearish trade by the insider.