Ferguson Roger W. Jr. 4

What Happened Roger W. Ferguson Jr., a member of Alphabet Inc.'s Board of Directors, received a grant of 980 Google Stock Units (GSUs) reported on Form 4. The grant is reported as an award/acquisition (code A) dated July 1, 2026, with an acquisition price of $0.00 (no cash paid). Each GSU converts into one share of Alphabet Class C stock as it vests.

Key Details

• Transaction date: July 1, 2026 — Grant of 980 GSUs at $0.00 (code A).
• Filing date / accession: Form 4 filed July 6, 2026 (transaction reported 5 days after grant); this appears to be outside the standard 2-business-day reporting window and may be late.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F2 identifies this as the annual director grant. F1–F5 describe GSU mechanics — GSUs convert 1-for-1 to Class C shares and vest monthly over a 48-month schedule (1/48th each month, with vesting dates described as 25th or 1st of month segments), subject to continued board service.
• No 10b5-1 plan, tax-withholding sale, or immediate sale of shares is indicated in the filing.

Context GSU awards to directors are routine compensation and become economically valuable only as units vest and convert into shares. Vesting is contingent on continued service on the Board, and the director did not purchase or sell shares in this transaction — it’s a grant of equity compensation rather than an out-of-pocket investment. Retail investors should view such routine director grants as compensation-related actions rather than direct signals of near-term insider buying or selling.