Porat Ruth 4

What Happened Ruth Porat, President and Chief Investment Officer of Alphabet Inc. (GOOGL), was reported as receiving two equity awards on March 16, 2026: 26 units and 47 units (total 73 units). Both transactions are recorded as awards/grants (Form 4 code A) at $0.00 per unit — these are not purchases but equity compensation units that convert to Alphabet Class C shares as they vest.

Key Details

• Transaction date: March 16, 2026. Form filed March 18, 2026 (timely filing).
• Reported items: 26 units @ $0.00 and 47 units @ $0.00 (total 73 units).
• Nature of units: Class C Google Stock Units (GSUs) and Dividend Equivalent Units (DEUs) (see footnotes).
• Holdings disclosed in footnotes: one grant consists of 302 DEUs and 37,801 GSUs (F3); another shows 313 DEUs and 68,054 GSUs (F5). (Footnotes break out holdings across grants/trusts.)
• Vesting & dividend details: GSUs vest over specified schedules (F1, F4); DEUs reflect dividend equivalents declared Mar 9, 2026 and distributed Mar 16, 2026 and will vest on the same schedule as the underlying GSUs (F2).
• Trusts: some units are held via trusts where the reporting person is settlor/grantor and the spouse is trustee (F6–F8).
• No sales, option exercises, tax withholding, or 10b5-1 plan noted in these transactions.

Context GSUs are restricted stock–style awards that convert to Class C shares only as they vest; DEUs represent dividend equivalents tied to those units. Because these were award entries recorded at $0.00, they reflect compensation grants and not open-market buying or selling. Such awards are routine executive compensation and do not, by themselves, indicate an immediate change in insider sentiment or market action.