According to a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Alphabet CEO Sundar Pichai has increased his stake in the company by receiving additional stock units tied to a recent dividend payout.
The filing, submitted on March 19, shows that Pichai received 358 Class C Google Stock Units (GSUs) on March 17. These were credited as dividend-equivalent units (DEUs), reflecting Alphabet’s recent cash dividend distribution. Following the transaction, Pichai’s direct holdings now include 2.71 million Class C shares and 227,560 Class A shares.
The dividend-equivalent units (DEUs) represent Alphabet’s recent cash dividend and are structured to ensure that executive stock grants retain their value. These units will vest according to the same timeline as Pichai’s existing stock awards.
As Alphabet ramps up investments in artificial intelligence and cloud computing, Pichai’s increasing stake signals confidence in the company’s long-term growth, despite facing mounting regulatory scrutiny.
The filing was signed by Valentina Margulis, acting as attorney-in-fact for Pichai.
