Sundar Pichai is Google's $199 million exec

SAN FRANCISCO — Google CEO Sundar Pichai has been awarded restricted stock worth about $199 million.

That makes him one of the top paid executives of a publicly traded U.S. company this year, according to Bloomberg.

Pichai received 273,328 Class C (GOOG) shares on Feb. 3, the Internet giant reported in a regulatory filing on Friday. The shares will vest in quarterly increments through 2019 if he remains as CEO. A previous stock award granted before he was promoted to CEO of Google vests in 2018 and is now worth some $250 million. In all, Pichai's stake is worth about $650 million.

The value of his stake could change dramatically with the recent volatility in tech stocks.

Pichai took over as the CEO of Google after the Internet giant reorganized as Alphabet last year.

Alphabet also awarded $42.8 million in restricted stock to Diane Greene who now runs Google's cloud business. Chief Financial Officer Ruth Porat received equity worth $38.3 million.

Follow USA TODAY senior technology writer Jessica Guynn @jguynn