01—Abstract
Summary
Summary of the 8-K filed April 10, 2026. Cited figures are marked; the original filing is the authoritative source.
Alphabet Inc. (GOOGL) filed an 8-K on April 10, 2026, detailing equity awards granted to key executive officers on April 8, 2026.
The grants, approved by the Leadership Development, Inclusion and Compensation Committee, include both Alphabet Performance Stock Units (PSUs) and Restricted Stock Units (GSUs). PSUs are tied to long-term company performance, specifically relative Total Shareholder Return (TSR) against S&P 100 companies over a 2026-2028 period, with vesting ranging from 0%a to 200% of target based on performance. GSUs are primarily designed to incentivize continued service, with a portion vesting monthly over three years (2026-2028) and a transitional component vesting within 2026 to account for the discontinuation of the SVP Bonus program.
02—Key points
Key Highlights
- Key executive officers, including CFO Anat Ashkenazi, President Ruth Porat, Chief Business Officer Philipp Schindler, and Chief Legal Officer Kent Walker, received significant equity awards.
- Awards consist of Performance Stock Units (PSUs) and General Stock Units (GSUs), reflecting a strategy to align executive compensation with long-term shareholder value and continued service.
- PSUs are performance-based, contingent on Alphabet's relative Total Shareholder Return (TSR) compared to S&P 100 companies over a three-year performance period (2026-2028), with potential vesting between 0% and 200% of the target value.
- GSUs have a three-year vesting schedule for the standard awards, incentivizing executive retention.
- A transitional component for GSUs is included to offset the discontinuation of the SVP Bonus program, with these awards vesting within 2026.
- The total target value of PSU grants ranges from $9 million to $16 million, and GSU grants range from $20 million to $26 million, excluding transitional amounts.
- The filing specifies vesting conditions, including continued employment and treatment of equity upon termination or death.
03—Questions
Frequently Asked Questions
What types of equity awards were granted to Alphabet's executives?
Alphabet granted two types of equity awards: Performance Stock Units (PSUs), which are tied to long-term company performance (relative TSR), and General Stock Units (GSUs), which incentivize continued service. Both award types vest into Alphabet's Class C capital stock.
How is the vesting of the Performance Stock Units (PSUs) determined?
PSUs vest based on Alphabet's relative Total Shareholder Return (TSR) compared to companies in the S&P 100 over a performance period from 2026 to 2028. The number of PSUs that vest can range from 0% to 200% of the target value, depending on the company's performance. Vesting is also contingent on continued employment.
What is the purpose of the transitional GSU awards?
The transitional GSU awards are a one-time addition to the regular GSU grants. They were implemented to maintain target total compensation levels for executives following the discontinuation of the SVP Bonus program in 2025. These transitional awards are scheduled to vest within 2026.
What are the total target values of the equity awards granted?
The target value for PSU grants ranged from $9,000,000 (for Ms. Porat and Mr. Walker) to $16,000,000 (for Mr. Schindler). The target value for GSU grants ranged from $20,000,000 (for Ms. Ashkenazi, Ms. Porat, and Mr. Walker) to $26,000,000 (for Mr. Schindler). These amounts do not include the additional transitional GSU awards.
04—Continue