CHAVEZ R. MARTIN 4
4 · Alphabet Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Alphabet (GOOGL) Director Chavez R. Martin Receives Stock Award
What Happened
Chavez R. Martin, a director of Alphabet Inc. (GOOGL), received multiple awards of Class C Google Stock Units (GSUs) and dividend-equivalent units (DEUs) reported as grants on June 15, 2026. The filing shows a total of 3,710 GSUs and 22 DEUs (3,732 units) awarded at $0.00 (no cash exchanged). Each GSU and DEU converts to one share of Alphabet Class C capital stock as it vests.
Key Details
- Transaction type: Grant / award (code A) reported on Form 4.
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely).
- Amounts: 3,710 GSUs + 22 DEUs = 3,732 units in total; grants reported at $0.00 per unit.
- Vesting/conversion: GSUs convert 1-for-1 to Class C shares when they vest. DEUs represent dividend equivalents and vest on the same schedule as the underlying GSUs.
- Vesting schedules: Grants follow multi-year monthly vesting (examples: 1/48th vesting monthly, in some cases an initial 1/4th vest then monthly thereafter); specific schedules differ by grant (see footnotes F1–F9 in the filing).
- Shares owned after transaction: Not specified in the excerpt; consult the full Form 4 for total holdings.
- Filing timeliness: Filed within expected Form 4 timing (not marked late).
Context
These awards are equity compensation to a board member and do not represent an open-market purchase or sale. They grant the right to receive Alphabet Class C shares in the future as units vest; no immediate sale or economic gain is reflected until vesting/conversion (and any subsequent sale). For exact vesting dates and the breakdown of each grant, refer to the full Form 4 (Accession 0001193125-26-274732).
Insider Transaction Report
- Award
Class C Google Stock Units
[F1][F2][F3]2026-06-15+0.2→ 371 total - Award
Class C Google Stock Units
[F4][F2][F5]2026-06-15+0.5→ 777 total - Award
Class C Google Stock Units
[F6][F2][F7]2026-06-15+1→ 1,026 total - Award
Class C Google Stock Units
[F8][F2][F9]2026-06-15+1→ 1,558 total
- 10,330
Class C Capital Stock
Footnotes (9)
- [F1]The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest.1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates.
- [F2]Represents the dividend equivalent units (DEUs) that accrued on the Reporting Person's GSUs held as of June 8, 2026, in connection with the cash dividend that was declared by the Issuer and distributed on June 15, 2026. These DEUs will vest on the same schedule as the GSUs on which the DEUs accrued. Each DEU entitles the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the DEU as each DEU vests.
- [F3]Consists of 3 DEUs and 368 GSUs.
- [F4]1/48 of GSUs vests on the 25th day of each month following the grant date for 31 months and on the 1st day of each month for the following 17 months, subject to continued employment on such vesting dates.
- [F5]Consists of 7 DEUs and 770 GSUs.
- [F6]1/4th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs vests on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
- [F7]Consists of 8 DEUs and 1,018 GSUs.
- [F8]1/48 of GSUs will vest on the 25th day of each month following the grant date for 19 months and on the 1st day of each month for the following 29 months, subject to continued service on the Board on the applicable vesting dates.
- [F9]Consists of 4 DEUs and 1,554 GSUs.