Alphabet (GOOGL) Director Roger W. Ferguson Jr. Receives Award

What Happened

• Roger W. Ferguson Jr., a director of Alphabet Inc. (GOOGL), was granted equity awards on 2026-09-14. The Form 4 reports four award entries (1, 0.4, 1, and 1 shares) recorded as acquisitions at $0.00 — a total of 3.4 reported shares. These entries represent grants of Google Stock Units (GSUs) and Deferred Equity Units (DEUs) that convert into Alphabet Class C shares as they vest; no cash changed hands at grant.

Key Details

• Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (filed within the typical 2-business-day window).
• Price: $0.00 per reported share (award/grant).
• Reported aggregate on-form total from the four entries: 3.4 shares acquired (as awards).
• Underlying units: footnotes state the awards consist of GSUs and DEUs (examples in the filing note packs such as combinations like 1 DEU + 940 GSUs, 5 DEUs + 592 GSUs, etc.); each GSU converts to one Class C share upon vesting.
• Vesting: scheduled monthly vesting (1/48 portions) per the footnotes — portions vest on the 25th or the 1st of specified months until fully vested, subject to continued board service.
• Shares owned after transaction: not specified in the excerpt provided.
• Filing timeliness: appears timely (filed two days after the report date).

Context

• These are award/grant transactions (code A) — typical compensation for non-employee directors — not open-market purchases or sales. Awards recorded at $0 simply reflect grants of units that will convert to stock as they vest; they do not indicate immediate buying or selling of shares. For retail investors, such grants are routine director compensation and should be viewed as future potential share issuance contingent on service and vesting conditions.