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Akamai (NASDAQ: AKAM) EVP exercises RSUs and withholds shares for taxes

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

Rhea-AI Filing Summary

Akamai Technologies EVP & General Counsel Aaron Ahola reported transactions involving restricted stock units and common stock. On March 4, 2026, he exercised or converted 5,033 restricted stock units, resulting in 5,033 shares of common stock held indirectly.

These common shares are held by the Aaron Ahola Revocable Trust, for which he serves as trustee. On the same date, 2,434 common shares were disposed of to satisfy tax withholding obligations at $102.0800 per share. Following these transactions, 31,299 common shares were held indirectly, plus 156.31 shares held indirectly through a 401(k) plan as of March 3, 2026. Total beneficial ownership also includes 5,982 deferred shares under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan and 5,034 restricted stock units remaining after the conversion.

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Insider Ahola Aaron
Role EVP & General Counsel
Type Security Shares Price Value
Exercise Restricted Stock Units 5,033 $0.00 --
Exercise Common Stock 5,033 $0.00 --
Tax Withholding Common Stock 2,434 $102.08 $248K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 5,034 shares (Direct); Common Stock — 33,733 shares (Indirect, See footnote)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. Total shares beneficially owned includes 5,982 shares of which the Reporting Person has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan. Held by the Aaron Ahola Revocable Trust for which the Reporting Person serves as trustee. As of March 3, 2026. On March 4, 2024, the Reporting Person was granted 15,100 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
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*
Ahola Aaron

(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)
EVP & General Counsel
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 5,033 A (1) 33,733(2) I See footnote(3)
Common Stock 03/04/2026 F 2,434 D $102.08 31,299(2) I See footnote(3)
Common Stock 156.31(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 (1) 03/04/2026 M 5,033 (5) (5) Common Stock 5,033 $0 5,034 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
2. Total shares beneficially owned includes 5,982 shares of which the Reporting Person has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.
3. Held by the Aaron Ahola Revocable Trust for which the Reporting Person serves as trustee.
4. As of March 3, 2026.
5. On March 4, 2024, the Reporting Person was granted 15,100 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
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 did Akamai (AKAM) EVP Aaron Ahola report in this Form 4?

Akamai EVP & General Counsel Aaron Ahola reported exercising 5,033 restricted stock units into 5,033 common shares and a related tax-withholding share disposition. The common shares are held indirectly, primarily through the Aaron Ahola Revocable Trust.

How many Akamai (AKAM) RSUs did Aaron Ahola convert and what remains?

Aaron Ahola converted 5,033 restricted stock units into 5,033 common shares on March 4, 2026. After this exercise or conversion of derivative securities, 5,034 restricted stock units remained beneficially owned in his account, according to the reported post-transaction holdings.

How many Akamai (AKAM) shares were used for tax withholding and at what price?

A total of 2,434 Akamai common shares were disposed of to cover tax withholding obligations at a price of $102.0800 per share. This disposition is categorized as payment of tax liability by delivering securities rather than an open-market sale.

How are Aaron Ahola’s Akamai (AKAM) shares held after these transactions?

After the reported transactions, 31,299 Akamai common shares were held indirectly, primarily by the Aaron Ahola Revocable Trust. An additional 156.31 shares were held indirectly through a 401(k) plan, reflecting retirement-plan holdings associated with his employment.

What deferred Akamai (AKAM) shares does Aaron Ahola beneficially own?

Total shares beneficially owned include 5,982 Akamai shares for which Aaron Ahola has elected to defer receipt. These deferred shares are held under Akamai Technologies, Inc.’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan, according to the reported footnote disclosure.

What were the terms of the Akamai (AKAM) RSU grant reported in the footnotes?

On March 4, 2024, Aaron Ahola was granted 15,100 restricted stock units. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, creating a multi-year equity compensation schedule.
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