Schindler Philipp 4
4 · Alphabet Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Alphabet (GOOGL) SVP Philipp Schindler Receives Equity Award
What Happened
Philipp Schindler, Senior Vice President and Chief Business Officer at Alphabet (GOOGL), was granted three equity awards on June 15, 2026 totaling 119 units (22, 45 and 52 units). Each award is reported as acquired at $0.00 (award/grant designation), so no cash was exchanged; these are Google Stock Units (GSUs) and related Dividend Equivalent Units (DEUs) that convert into Class C shares as they vest.
Key Details
- Transaction date and price: June 15, 2026; 22 / 45 / 52 units @ $0.00 (award entries).
- Filing date: Form 4 filed June 18, 2026 — filed three days after the transaction date; this appears to be one business day late under the typical two-business-day Form 4 filing requirement.
- Shares/units reported in footnotes: the filing lists various totals for GSUs and DEUs (examples in the filing include 36,226 GSUs + 312 DEUs; 75,217 GSUs + 391 DEUs; 86,230 GSUs + 52 DEUs). See the full SEC filing for the mapping of those totals to each award.
- Vesting and conversion: Awards are GSUs (convert to one Class C share per unit as each vests). DEUs represent dividend-equivalent units that vest on the same schedule as the underlying GSUs and convert to shares on vesting.
- Vesting schedules vary by grant (see footnotes): some grants include initial fractional vesting events and quarterly or monthly vesting through late 2026 and into 2027–2028 per the detailed schedules in the filing.
- Transaction code: A = Award/Grant.
Context
These were non-cash, time-based equity awards (not open-market purchases or sales). GSUs and DEUs are common forms of executive compensation and only convert to tradable Class C shares when they vest. Because these are awards rather than purchases or sales, they do not by themselves signal immediate buying or selling intent.
Insider Transaction Report
- Award
Class C Google Stock Units
[F1][F2][F3]2026-06-15+22→ 36,538 total - Award
Class C Google Stock Units
[F4][F2][F5]2026-06-15+45→ 75,608 total - Award
Class C Google Stock Units
[F6][F2][F7]2026-06-15+52→ 86,282 total
- 907,893
Class C Capital Stock
- 23(indirect: By Trust)
Class C Capital Stock
Footnotes (7)
- [F1]Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSUs as each GSU vests. 1/6th of the GSU grant vested on June 25, 2024; 1/12th of the GSU grant vested on September 25, 2024, and an additional 1/12th of the grant vests quarterly thereafter on the 25th day of the month until fully vested, subject to continued employment on the applicable 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 312 DEUs and 36,226 GSUs.
- [F4]The GSUs will vest as follows: (i) 1/10th of the grant vested on each March 25, 2025, June 25, 2025, September 25, 2025 and December 25, 2025; and (ii) 3/40th of the grant will vest quarterly on the 25th day of the month from March 25, 2026 through December 25, 2026, and on the 1st day of the month from April 1, 2027 through January 1, 2028, subject to continued employment on the applicable vesting dates.
- [F5]Consists of 391 DEUs and 75,217 GSUs.
- [F6]43/285 of GSUs will vest on the 25th of the month of the Grant Date; 43/1140 of GSUs will vest on the 25th of the month 1 month(s) after the Grant Date, vesting 43/1140 every 1 month(s) for 8 event(s); 13/570 of GSUs will vest on the 25th of the month 9 month(s) after the Grant Date; 13/285 of GSUs will vest on the 1st of the month 10 month(s) after the Grant Date; 13/570 of GSUs will vest on the 1st of the month 11 month(s) after the Grant Date, vesting 13/570 every 1 month(s) for 21 event(s), subject to continued employment on such vesting date(s).
- [F7]Consists of 52 DEUs and 86,230 GSUs.