Google Engineer Risks Forfeiting Millions in Stock Grants Over Polymarket Charges

The latest development shows charged Google engineer Michele Spagnuolo facing potential loss of millions in unvested stock grants after a 12-year tenure amid Alphabet shares above $370. The story began May 27 with unsealing of a federal indictment alleging $1.2 million in profits from insider Polymarket bets using confidential 2025 'Year in Search' data. It progressed with his May 28 arrest and $2.25 million bond release, followed by parallel CFTC civil charges, and now highlights compensation consequences and policy violations as of June 1.