ARNOLD FRANCES 4
Research Summary
AI-generated summary
Alphabet (GOOGL) Director Frances Arnold Receives Stock Award
What Happened
- Frances Arnold, a director of Alphabet Inc. (GOOGL), was granted awards on June 15, 2026, recorded as four "Grant/award or other acquisition (A)" transactions totaling 2.55 units (0.05, 0.5, 1, and 1) at $0.00 per unit. These are Google Stock Units (GSUs) and/or dividend equivalent units (DEUs) that convert 1-for-1 into Alphabet Class C capital stock as they vest. This is an awards/vesting event (not a market purchase or sale).
Key Details
- Transaction date: June 15, 2026; Form 4 filed: June 18, 2026.
- Transaction type/code: Award/Grant (A); price reported: $0.00.
- Amounts reported: 0.05, 0.5, 1.0 and 1.0 units — total 2.55 units acquired.
- Shares owned after transaction: not specified in the provided excerpt.
- Relevant footnotes: F1–F2 explain GSUs entitle the holder to one Class C share per unit as they vest; DEUs represent dividend equivalents that vest on the same schedule as the underlying GSUs. Other footnotes (F3, F5, F7, F9) tie these entries to previously granted GSU/DEU awards and F4/F6/F8 describe the monthly vesting schedules (typically 1/48th per month with some variations).
- Filing timeliness: Form 4 was filed three days after the transaction date; investors tracking timeliness may want to confirm full SEC filing details.
Context
- These entries reflect equity awards and dividend-equivalent accruals that vest over time — not purchases or sales on the open market. Such awards are routine compensation/board-service arrangements and do not by themselves indicate immediate buying or selling in the market.