Alphabet (GOOGL) SVP Philipp Schindler Receives Award

What Happened
Philipp Schindler, Senior Vice President and Chief Business Officer of Alphabet Inc. (GOOGL), was granted awards totaling 104 units on 2026-09-14: 16, 41 and 47 units reported as acquisitions at $0.00 per unit (transaction code A). These are Class C Google Stock Units (GSUs) and dividend equivalent units (DEUs), not an open‑market purchase or sale — they represent equity compensation that converts into Class C shares as they vest.

Key Details

• Transaction date: September 14, 2026; Form 4 filed September 16, 2026 (Accession: 0001193125-26-393491).
• Reported acquisition: 16 GSUs/DEUs, 41 GSUs/DEUs, and 47 GSUs/DEUs — total 104 units — at $0.00 per unit (total reported value $0).
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes:
  • F1/F4/F6 describe differing vesting schedules for GSU grants (some vesting already, others vest quarterly/monthly over specified periods, subject to continued employment).
  • F2 notes DEUs accrued in connection with the September 14, 2026 cash dividend; DEUs vest on the same schedule as the underlying GSUs and convert to one Class C share per DEU as they vest.
  • F3/F5/F7 list compositions of certain grants (counts of DEUs and GSUs) referenced in the filing.
• Transaction type: Award/Grant (A). This is standard equity compensation, not evidence of buying or selling stock.
• Filing timeliness: Filed two days after the transaction date; appears to be timely under Form 4 reporting rules.

Context
GSUs are restricted-equity units that convert to Alphabet Class C shares when they vest; DEUs are dividend-equivalent units that also convert to shares on the same vesting schedule. Such grants are routine for executives and reflect compensation rather than an immediate market trade.