Yes, but vulnerabilities don't always get backported to older (supported) devices immediately. I distinctly recall one case where an Android CVE was patched months later on one Pixel model compared to the others that were in support. However, because search engines have all become terrible in the age of AI, I can only find vague references.
I did, for instance, find a case where Google Project Zero published a blog post on a vulnerability while their Pixel 6 was still four days away from the first updates: https://9to5google.com/2023/03/20/pixel-6-march-2023-update/
I myself regularly find my Pixel only noticing updates half a month later unless I manually check while my Samsung tablet notifies me immediately once my quarterly update is available. It's quite annoying to have to check for updates manually every week, but I suppose updates are technically available.