Ashkenazi Anat 4

What Happened

• Anat Ashkenazi, Chief Financial Officer of Alphabet Inc. (GOOGL), was granted two award entries on March 16, 2026 totaling 70 units (23 shares and 47 shares) at $0.00 — i.e., no cash was paid. These represent dividend equivalent units (DEUs) credited in connection with Alphabet’s cash dividend distributed March 16, 2026. Each DEU entitles the holder to one share of Alphabet Class C stock as the DEU vests.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
• Grants: 23 shares @ $0.00 and 47 shares @ $0.00 (total 70 DEUs); aggregate cash value at grant = $0.
• Footnote F1: DEUs accrued on GSUs held as of March 9, 2026; DEUs vest on the same schedule as the underlying GSUs.
• Footnote F2: “Consists of 226 DEUs and 32,931 GSUs.”
• Footnote F3: “Consists of 313 DEUs and 68,053 GSUs.”
• These awards are grants of dividend equivalents (not open-market purchases or sales).

Context

• Dividend equivalent units are bookkeeping awards that mirror the cash dividend on restricted/contingent stock units; they do not represent immediate share transfers but convert to shares as they vest per the underlying GSU schedule.
• Such awards are routine compensation adjustments tied to dividends and do not by themselves indicate a buy/sell sentiment.