Hennessy John L. 4

What Happened

• John L. Hennessy, a director of Alphabet Inc. (GOOGL), was granted 1,400 Google Stock Units (GSUs) on July 1, 2026. The reported acquisition price is $0.00 (an award/grant), classified as transaction code A.
• GSUs are a form of restricted-equity award that convert one-for-one into Alphabet Class C shares as they vest. This is an annual director grant rather than a purchase or sale.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-06.
• Amount: 1,400 GSUs; reported acquisition price: $0.00.
• Vesting: GSUs vest in equal installments over a 48-month period (1/48th per month), subject to continued service; some vesting events occur on the 25th of the month and some on the 1st of the month per footnotes. (See filing footnotes F1, F5 for the detailed schedule.)
• Purpose: Annual director grant (footnote F2).
• Shares owned after transaction: Not disclosed in this filing.
• Timeliness: The Form 4 was filed five days after the grant date. Form 4s are generally due within two business days of the transaction, so this filing appears later than the typical reporting window.

Context

• This was an equity award (not a market purchase), so it’s a non-cash compensation event for board service. GSUs only become tradable shares as they vest; they do not indicate an immediate market buy or sell.
• For retail investors, awards to directors are routine compensation and primarily reflect governance/retention practices rather than a direct signal about near-term stock performance.