tiprankstipranks
Advertisement
Advertisement

Alphabet Grants New Triennial Equity Package to CEO

Story Highlights
  • Alphabet kept Sundar Pichai’s salary flat but approved a large triennial equity package.
  • New Waymo and Wing performance units aim to align Pichai with long-term Other Bets growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alphabet Grants New Triennial Equity Package to CEO

Claim 55% Off TipRanks

Alphabet Class A ( (GOOGL) ) has shared an announcement.

On March 4, 2026, Alphabet’s board-level compensation committee approved a new triennial equity package for CEO Sundar Pichai, keeping his $2 million annual salary unchanged and continuing to exclude any annual bonus. The award preserves the on-target value of his 2022 package, combining $126 million of Alphabet performance stock units split into two TSR-linked tranches and $84 million of time-based restricted stock units vesting through early 2029, all tied to Alphabet’s Class C stock and subject to continued employment and standard vesting protections.

In a notable shift toward its Other Bets, the committee also granted Pichai Bet Performance Units in Waymo and Wing with target values of about $130 million and $45 million, respectively, which will vest over a three-year performance period based on increases in each unit’s per‑unit value. The structure is designed to further align Pichai’s incentives with long-term shareholder value and to intensify his focus on scaling Waymo and Wing, while the board pledges active oversight of these strategic assets as Alphabet seeks to translate their technological progress into material financial returns.

The most recent analyst rating on (GOOGL) stock is a Buy with a $370.00 price target. To see the full list of analyst forecasts on Alphabet Class A stock, see the GOOGL Stock Forecast page.

Spark’s Take on GOOGL Stock

According to Spark, TipRanks’ AI Analyst, GOOGL is a Outperform.

The score is driven primarily by strong underlying financial quality (profitability, cash generation, and balance-sheet strength). It is moderated by weaker technical momentum, premium valuation with a very low dividend yield, and a near-term capital-intensity/margin risk profile from the 2026 investment ramp (reinforced by the recent large debt financing).

To see Spark’s full report on GOOGL stock, click here.

More about Alphabet Class A

Alphabet Inc., the parent company of Google LLC, operates in the global technology industry, providing internet search, digital advertising, cloud computing, and a range of consumer and enterprise services. Through its “Other Bets,” including autonomous driving firm Waymo and drone delivery operator Wing, Alphabet invests in advanced technologies aimed at unlocking new long-term growth markets.

Average Trading Volume: 34,396,100

Technical Sentiment Signal: Buy

Current Market Cap: $3639.9B

For a thorough assessment of GOOGL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1