Alphabet Reports CEO Sundar Pichai's Triennial Compensation Package
Summary
On March 4, 2026, Alphabet Inc.'s Leadership Development, Inclusion and Compensation Committee approved CEO Sundar Pichai's triennial compensation. His annual salary remains $2,000,000, unchanged since 2020, and he is not eligible for an annual bonus. The new award includes two tranches of Alphabet performance stock units (PSUs), each with a target value of $63,000,000, and $84,000,000 in Alphabet restricted stock units (GSUs). The PSUs are performance-based, tied to Alphabet's total shareholder return over 2026-2027 and 2026-2028 periods. * The on-target value of the PSU award is unchanged from the 2022 award. * The on-target value of the GSU award is unchanged from the 2022 award. * GSUs will vest over three years.
Why It Matters
This update on CEO compensation is material for investors as it outlines the structure of executive incentives. The significant portion of performance-based equity (PSUs) aligns the CEO's interests with shareholder returns. The consistency in on-target equity values from the 2022 award, alongside an unchanged salary, signals a stable compensation philosophy.
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Key Quote
“The on-target value of the Alphabet performance stock unit (PSU) award is unchanged from the 2022 award.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001652044
- Filing Date
- Friday, March 6, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive