Alphabet Inc. Board and Executive Compensation Updates
Ticker: GOOG · Form: 8-K · Filed: Jun 7, 2024 · CIK: 1652044
| Field | Detail |
|---|---|
| Company | Alphabet INC. (GOOG) |
| Form Type | 8-K |
| Filed Date | Jun 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $1,000,000, $9.9 m, $13.1 million, $17.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
TL;DR
Alphabet's board is changing, and exec pay details are updated. Watch for governance shifts.
AI Summary
Alphabet Inc. announced on June 5, 2024, changes in its board of directors and executive compensation. The filing details the departure of a director and the election of a new one, along with updates to compensatory arrangements for certain officers. Specific details on the financial impact of these changes are not provided in this initial filing.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically have a low direct risk impact unless specific financial improprieties or significant strategic shifts are disclosed.
Key Players & Entities
- Alphabet Inc. (company) — Registrant
- June 5, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 1600 Amphitheatre Parkway Mountain View, CA 94043 (address) — Principal executive offices
- ( 650 ) 253-0000 (phone_number) — Registrant's telephone number
FAQ
Who departed from Alphabet Inc.'s board of directors?
The filing indicates the departure of a director, but the specific name is not detailed in the provided text.
Who has been elected to Alphabet Inc.'s board of directors?
The filing mentions the election of a new director, but the specific name is not provided in the excerpt.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is June 5, 2024.
What is Alphabet Inc.'s state of incorporation?
Alphabet Inc. is incorporated in Delaware.
What are the principal executive offices of Alphabet Inc.?
The principal executive offices are located at 1600 Amphitheatre Parkway, Mountain View, CA 94043.
Filing Stats: 748 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-06-07 17:00:57
Key Financial Figures
- $0.001 — which registered Class A Common Stock, $0.001 par value GOOGL Nasdaq Stock Market
- $1,000,000 — tlined below: An annual base salary of $1,000,000. An annual discretionary bonus opportu
- $9.9 m — to (i) pay a one-time sign-on bonus of $9.9 million, and (ii) make a $13.1 million si
- $13.1 million — bonus of $9.9 million, and (ii) make a $13.1 million sign-on equity grant in the form of res
- $17.0 million — erformance-based stock units (PSUs): a $17.0 million GSU grant to be made on the first Wedne
- $6.0 million — art date (vesting quarterly in 2025) a $6.0 million GSU grant to be made on the first Wedne
- $5.0 million — art date (vesting quarterly in 2026) a $5.0 million PSU grant to be made on the first Wedne
Filing Documents
- d787017d8k.htm (8-K) — 34KB
- d787017dex101.htm (EX-10.1) — 8KB
- g787017g0607131152266.jpg (GRAPHIC) — 4KB
- 0001193125-24-157498.txt ( ) — 198KB
- goog-20240605.xsd (EX-101.SCH) — 3KB
- goog-20240605_def.xml (EX-101.DEF) — 13KB
- goog-20240605_lab.xml (EX-101.LAB) — 21KB
- goog-20240605_pre.xml (EX-101.PRE) — 13KB
- d787017d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Offer Letter 104 Cover Page Interactive Data File (formatted as inline XBRL) 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALPHABET INC. June 7, 2024 /s/ Kathryn W. Hall Kathryn W. Hall Assistant Secretary 4