Company: GOOGL
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001652044-25-000043
Chunk: 109

Company: Alphabet Inc.
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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12,183 Weighted-average effect of dilutive securitiesAdd:Conversion of Class B to Class A shares outstanding869 0 0 _(1)859 0 0 _(1)Restricted stock units and other contingently issuable shares0 0 112 112 0 0 108 108 Number of shares used in per share computation6,752 869 5,775 12,527 6,690 859 5,601 12,291 Diluted net income per share$1.89 $1.89 $1.89 $1.89 $2.81 $2.81 $2.81 $2.81 (1)Not applicable for consolidated net income per share.For the periods presented above, the holders of each class are entitled to equal per share dividends or distributions in liquidation in accordance with the Amended and Restated Certificate of Incorporation of Alphabet Inc. Holders of Alphabet unvested stock units are awarded dividend equivalents, which are subject to the same vesting conditions as the underlying award, and settled in Class C shares.Immaterial differences in net income per share across our Class A, Class B, and Class C shares may arise due to the allocation of distributed earnings, which is based on the holders as of the record date, compared with the allocation of undistributed earnings and number of shares, which is based on the weighted average shares outstanding over the periods.

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Note 13.    Compensation Plans

Stock-Based CompensationFor the three months ended March 31, 2024 and 2025, total stock-based compensation (SBC) expense was $5.3 billion and $5.5 billion, including amounts associated with awards we expect to settle in Alphabet stock of $5.1 billion and $5.3 billion, respectively.Stock-Based Award ActivitiesThe following table summarizes the activities for unvested Alphabet restricted stock units (RSUs), which include dividend equivalents awarded to holders of unvested stock, for the three months ended March 31, 2025 (in millions, except per share amounts): Number ofShares Weighted-AverageGrant-DateFair ValueUnvested as of December 31, 2024299 $122.77 Granted135 $176.15 Vested(44)$124.19 Forfeited/canceled(6)$127.79 Unvested as of March 31, 202538