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Akamai (NASDAQ: AKAM) COO reports RSU exercise and tax-share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Akamai Technologies chief operating officer and GM of the Edge Technology Group, Adam Karon, reported multiple equity transactions. On March 4, 2026, he exercised 8,366 restricted stock units, converting them into 8,366 shares of common stock at a stated price of $0.0000 per share.

Following this derivative exercise, his directly held common stock position moved to 33,311 shares, and a subsequent tax-withholding disposition of 607 shares of common stock at $102.0800 per share reduced his direct holdings to 32,704 shares. He also holds 169.621 shares indirectly through a 401(k) plan.

Footnotes state that each RSU converts into one share of common stock and that Karon has elected to defer receipt of certain shares under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan. This includes 7,111 deferred shares and, in total, 14,222 shares for which he has deferred receipt as of March 3, 2026. A prior grant of 25,099 RSUs on March 4, 2024 vests in three equal annual installments, with 85% of that award elected for deferred receipt upon vesting.

Positive

  • None.

Negative

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Insider Karon Adam
Role COO & GM Edge Technology Group
Type Security Shares Price Value
Exercise Restricted Stock Units 8,366 $0.00 --
Exercise Common Stock 8,366 $0.00 --
Tax Withholding Common Stock 607 $102.08 $62K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 8,367 shares (Direct); Common Stock — 33,311 shares (Direct); Common Stock — 169.621 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. Includes 7,111 shares with respect to which the Reporting Person elected to defer receipt until a later date pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan (the "Deferred Compensation Plan"). Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. Total shares beneficially owned includes 14,222 shares of which the Reporting Person has elected to defer receipt pursuant to the Deferred Compensation Plan. As of March 3, 2026. On March 4, 2024, the Reporting Person was granted 25,099 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. The Reporting Person has elected to defer the receipt of 85% of such awards upon vesting.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Karon Adam

(Last) (First) (Middle)
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY

(Street)
CAMBRIDGE MA 02142

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
COO & GM Edge Technology Group
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 M 8,366(1) A (2) 33,311(3) D
Common Stock 03/04/2026 F 607 D $102.08 32,704(3) D
Common Stock 169.621(4) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 03/04/2026 M 8,366 (5) (5) Common Stock 8,366 $0 8,367 D
Explanation of Responses:
1. Includes 7,111 shares with respect to which the Reporting Person elected to defer receipt until a later date pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan (the "Deferred Compensation Plan").
2. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
3. Total shares beneficially owned includes 14,222 shares of which the Reporting Person has elected to defer receipt pursuant to the Deferred Compensation Plan.
4. As of March 3, 2026.
5. On March 4, 2024, the Reporting Person was granted 25,099 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. The Reporting Person has elected to defer the receipt of 85% of such awards upon vesting.
Remarks:
/s/ Thomas M. Lair, as power of attorney 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Akamai (AKAM) executive Adam Karon report?

Adam Karon exercised 8,366 restricted stock units into 8,366 common shares and had a tax-withholding disposition of 607 shares at $102.0800 per share, adjusting his direct and indirect ownership positions in Akamai common stock.

How many Akamai (AKAM) shares does Adam Karon hold after these transactions?

After the reported transactions, Adam Karon directly holds 32,704 shares of Akamai common stock. He also has an additional 169.621 shares held indirectly through a 401(k) plan, according to the ownership details included in the filing footnotes.

What is the nature of the restricted stock units in Adam Karon’s Akamai (AKAM) Form 4?

Each restricted stock unit reported by Adam Karon represents the right to receive one share of Akamai common stock upon vesting. On March 4, 2026 he exercised 8,366 RSUs, which were converted into an equal number of common shares at a stated price of $0.0000.

How does tax withholding appear in Adam Karon’s Akamai (AKAM) stock transactions?

The Form 4 shows a tax-withholding disposition labeled with transaction code F, where 607 shares of Akamai common stock were delivered at $102.0800 per share to cover tax obligations associated with the equity exercise activity reported.

What deferred compensation elections has Adam Karon made regarding Akamai (AKAM) shares?

Footnotes explain Adam Karon elected to defer receipt of certain shares under Akamai’s Deferred Compensation Plan, including 7,111 shares and, in total, 14,222 shares as of March 3, 2026, delaying when he actually receives those shares despite beneficial ownership.

What are the vesting terms of Adam Karon’s 25,099 Akamai (AKAM) RSU grant?

On March 4, 2024, Adam Karon was granted 25,099 RSUs that vest over three years in equal installments on each anniversary of the grant date. He has elected to defer receipt of 85% of these awards upon vesting under Akamai’s deferred compensation framework.
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