Alphabet Inc. 8-K

What Happened
Alphabet Inc. (GOOGL) announced on June 5, 2026 (Item 5.02) that Marsida Saraci has been appointed Principal Accounting Officer, effective immediately. Ms. Saraci, age 47, has worked at Alphabet since April 2011 and most recently served as Vice President, Finance – Deputy Controller. She previously spent over eight years at KPMG.

Key Details

• Appointment date: June 5, 2026; reported in Form 8-K under Item 5.02.
• Compensation awards: two restricted stock unit (GSU) grants totaling $720,000:
  • $280,000 in GSUs vesting in 1/20th monthly increments starting July 2026.
  • $440,000 in GSUs vesting in 1/32nd monthly increments starting July 2026.
• GSU count will be calculated by dividing each award amount by Alphabet’s average Class C share closing price in June 2026; each vested GSU converts to one Class C share. Awards are governed by Alphabet’s Amended and Restated 2021 Stock Plan and the award agreement.
• Background: with Alphabet since 2011; prior experience includes >8 years at KPMG.

Why It Matters
This is an internal promotion to the senior accounting role responsible for financial reporting and controls. The firm disclosed the appointment and the equity-based compensation tied to future vesting; vested GSUs convert to Class C shares per the stock plan (potential future share issuance). For investors, the change signals continuity in accounting leadership and provides transparency on executive-level compensation tied to the role.