Form 4: Alphabet Inc. Executive Amie Thuener O'Toole Reports Stock Unit Acquisition
SEC Form 4
Amie Thuener O'Toole, VP and Chief Accounting Officer of Alphabet Inc., reports the acquisition of Class C Google Stock Units and dividend equivalent units.
Summary
- Amie Thuener O'Toole, VP, Chief Accounting Officer of Alphabet Inc., filed a Form 4 on March 19, 2025.
- The report details the acquisition of Class C Google Stock Units (GSUs) and dividend equivalent units (DEUs).
- On March 17, 2025, O'Toole acquired 29 Class C Google Stock Units and 24 DEUs.
- These DEUs accrued on the Reporting Person's GSUs held as of March 10, 2025, in connection with the cash dividend that was declared by the Issuer and distributed on March 17, 2025.
- The GSUs vest in installments, with the first vesting occurring on March 25, 2025, and subsequent vestings occurring monthly until March 1, 2027, subject to continued employment.
- O'Toole directly owns 8,940 shares of Class A Common Stock and 15,024 shares of Class C Capital Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard executive compensation disclosure.
Future Outlook
The GSUs vest over time, contingent on continued employment, indicating an incentive for long-term commitment from the executive.
Industry Context
Stock grants are a common form of executive compensation in the tech industry, aligning executive interests with shareholder value.
Comparison to Industry Standards
- Companies like Meta, Apple, and Microsoft also use stock-based compensation for their executives.
- The vesting schedules and amounts are generally in line with industry practices for companies of Alphabet's size and market capitalization.
- Comparing the total equity compensation to peers would require analyzing additional filings and compensation reports.
Stakeholder Impact
- The stock grants align executive interests with shareholder value, incentivizing long-term performance.
Key Dates
| Date | Description |
|---|---|
| March 10, 2025 | Date used to calculate dividend equivalent units. |
| March 17, 2025 | Date of transaction: Acquisition of Class C Google Stock Units and dividend equivalent units; Date of cash dividend distribution. |
| March 19, 2025 | Date of Form 4 filing. |
| March 25, 2025 | First vesting date for 1/18th of one GSU grant. |
| March 25, 2026 | First vesting date for 1/36th of one GSU grant. |
| April 1, 2027 | First vesting date for 1/36th of one GSU grant. |
| March 1, 2027 | Final vesting date for 1/36th of one GSU grant. |
Keywords
Form 4, Alphabet Inc., GOOGL, Amie Thuener O'Toole, Stock Units, Dividend Equivalent Units, Beneficial Ownership, Executive Compensation
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