Ashkenazi Anat 4

What Happened

• Anat Ashkenazi, CFO of Alphabet Inc. (GOOGL), received three awards on June 15, 2026: 15 units, 36 units and 42 units, each reported as awards/acquisitions at $0.00 per unit (total 93 units). These are Class C Google Stock Units (GSUs) and related dividend equivalent units (DEUs) that convert 1:1 into Class C shares as they vest. This is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date and filing: Awards dated 2026-06-15; Form 4 filed 2026-06-18 (three days later — may be outside the typical two-business-day Form 4 window).
• Price/value: All three items reported at $0.00 per unit (common for restricted/share-unit awards); no immediate cash paid.
• Units granted: 15 GSUs/DEUs, 36 GSUs/DEUs, and 42 GSUs/DEUs (total 93 units).
• Holdings after each transaction (per filing footnotes): reported holdings include combinations of DEUs and GSUs — e.g., 185 DEUs & 24,699 GSUs; 309 DEUs & 59,547 GSUs; and 42 DEUs & 69,543 GSUs (see footnotes for which totals correspond to which award).
• Notable footnotes:
  • GSUs convert 1:1 to Alphabet Class C shares when they vest (F1).
  • DEUs are dividend equivalents accrued on GSUs and vest on the same schedule as the underlying GSUs (F2).
  • The filing includes detailed vesting schedules (quarterly and monthly vesting through late 2027/early 2028) for the awards (F4, F6).
• Transaction type: A = Award/Grant (not a purchase or sale).

Context

• These awards are equity compensation that vest over time; they do not represent an immediate purchase or disposition of shares. DEUs simply track dividends and will convert to shares as they vest.
• Awards are routine for executives and are not direct signals of buying or selling intent. For market impact, note that units vest into actual shares over months/years per the schedules in the footnotes.
• The filing timing (filed 6/18 for a 6/15 transaction) should be checked against regulatory timeliness rules; late filings can reduce transparency but do not in themselves imply anything about the underlying award.