ARNOLD FRANCES 4
4 · Alphabet Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Alphabet (GOOGL) Director Arnold Frances Receives 980-share Award
What Happened
Arnold Frances, a director of Alphabet Inc. (GOOGL), was granted 980 Google Stock Units (GSUs) on July 1, 2026. The filing reports an award/acquisition at $0.00, so no cash was paid; the reported aggregate value is $0. GSUs are a form of equity grant that convert to one share of Alphabet Class C capital stock for each GSU as the units vest.
Key Details
- Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-06 (filed 5 days after the transaction). This appears to be a late filing relative to the 2-business-day Form 4 rule.
- Grant: 980 GSUs awarded; reported acquisition price $0.00; aggregate reported value $0.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Each GSU converts to one Class C share as it vests.
- F2: This is an Annual Director Grant.
- F3–F5: GSUs vest monthly in 1/48 increments over multi-year schedules (monthly vesting dates include the 25th of the grant month and/or the 1st of subsequent months), subject to continued service on the Board.
- Transaction code: A = Award/Grant.
Context
GSU awards to directors are common as compensation and do not represent an open-market purchase (not necessarily a bullish signal). These units are derivative awards that only become actual shares as they vest according to the schedules noted; vesting is contingent on continued board service. The late filing reduces near-term transparency but does not change the nature of the award.
Insider Transaction Report
- Award
Class C Google Stock Units
[F1][F2]2026-07-01+980→ 980 total
- 717
Class C Google Stock Units
[F3] - 984
Class C Google Stock Units
[F4] - 1,516
Class C Google Stock Units
[F5] - 18,833
Class C Capital Stock
Footnotes (5)
- [F1]The Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vests. 1/48 of GSUs shall vest on the 25th of the month of the Grant Date, vesting 1/48 every 1 month(s) for 7 event(s); 1/48 of GSUs shall vest on the 1st of the month 7 month(s) after the Grant Date, vesting 1/48 every 1 month(s) for 41 event(s), subject to continued employment on such vesting date(s).
- [F2]Annual Director Grant.
- [F3]1/48th of GSUs vested on July 25, 2023 and an additional 1/48th of GSUs will vest monthly thereafter until the GSUs are fully vested, subject to continued service on such vesting dates.
- [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 service on such vesting dates.
- [F5]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.