4Accepted Sep 16, 9:42 PM ET
Alphabet (GOOGL) Director John L. Hennessy Receives Stock Award
Accepted (ET)
9:42 PM
Sep 16, 2026
Filed
Sep 16, 2026
Documents
1
Size
13.1 KB
Summary
Alphabet (GOOGL) Director John L. Hennessy Receives Stock Award
What Happened
- John L. Hennessy, a director of Alphabet Inc. (GOOGL), received four award-type acquisitions on 2026-09-14. Each entry shows 1 unit acquired at an acquisition price of $0.00 (total recorded cash paid $0). These are reported as "A" (grant/award) transactions rather than open-market purchases or sales.
- The awards consist of Class C Google Stock Units (GSUs) and dividend equivalent units (DEUs) that convert 1:1 into Alphabet Class C shares as they vest. This filing reports the grant/accrual event; it is not a sale and does not represent a cash purchase.
Key Details
- Transaction date: September 14, 2026; filing date (accession 0001193125-26-393511): September 16, 2026 (filed timely).
- Reported price: $0.00 per unit (award/grant), total reported cash outlay $0.
- Shares owned after transaction: Not specified in this Form 4.
- Transaction code: A = Award/Grant. No sale or purchase code reported.
- Notable footnote points: GSUs convert to one Class C share per unit on vesting (F1). DEUs are dividend-equivalent units that accrued and will vest on the same schedule as the related GSUs (F2). Various footnotes describe monthly vesting schedules (e.g., 1/48th monthly vesting patterns in F1, F4, F6, F8) and bundle compositions (examples: F3, F5, F7, F9 list combinations of DEUs and GSUs).
Context
- These awards are non-cash compensation that vest over time contingent on continued service on the Board; they do not indicate an immediate economic trade. DEUs are paid/converted in the form of additional GSUs/shares on the same vesting schedule, rather than cash dividends. This filing is informational and typical for board compensation; it should not be interpreted as a buy or sell signal by itself.