Alphabet (GOOGL) Director Chavez R. Martin Receives Award

What Happened

• Chavez R. Martin, a director of Alphabet Inc. (GOOGL), was awarded four grants on September 14, 2026, totaling 3.4 units (0.4, 1, 1 and 1) reported as acquisitions at $0.00. These are awards of Google Stock Units (GSUs) and related dividend-equivalent units (DEUs) that convert to one share of Alphabet Class C capital stock per unit as they vest. This is a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (appears timely).
• Reported amounts: 0.4, 1.0, 1.0 and 1.0 units acquired; price per unit $0.00 (no cash exchanged).
• Transaction type: A = Grant / Award (GSUs and DEUs).
• Shares owned after the transaction: not specified in the provided excerpt.
• Notable footnotes:
  • F1/F2 — GSUs convert 1-for-1 to Alphabet Class C shares as they vest; DEUs are dividend-equivalent units that vest on the same schedule and convert similarly.
  • Multiple footnotes (F3, F5, F7, F9) list the compositions of prior grants (examples: groups containing hundreds of GSUs and a few DEUs) and the filing explains several different monthly vesting schedules (e.g., 1/48 per month, with some vesting on the 25th of the month and later on the 1st).
• Filing timeliness: filed two days after the reported date; no late-filing indication in the excerpt.

Context

• GSUs are restricted stock-like awards that only become actual shares when they vest; DEUs reflect dividend equivalents tied to those GSUs and vest on the same schedule. Such awards are routine board compensation and do not necessarily signal the insider buying or selling stock.