GOOG · Alphabet Inc.

Summary

On March 4, 2026, Alphabet Inc.'s Leadership Development, Inclusion and Compensation Committee approved a triennial equity compensation award for CEO Sundar Pichai, consisting of Alphabet PSUs and GSUs with unchanged on-target values from 2022 and new Waymo and Wing BPUs totaling $175 million target value. The award recognizes Mr. Pichai's strong performance and incentivizes focus on Other Bets like Waymo and Wing to maximize long-term stockholder value.

Key takeaways

• Committee approved CEO Sundar Pichai's triennial equity award on March 4, 2026
• Alphabet PSUs: two tranches of $63M target each, based on TSR vs S&P 100 over 2026-2027 and 2026-2028
• Alphabet GSUs: $84M, vesting over three years starting March 25, 2026
• Waymo BPUs: ~$130M target, vesting based on 3-year per unit value increase
• Wing BPUs: ~$45M target, vesting based on 3-year per unit value increase
• No change to $2M annual salary; no annual bonus eligibility