Akamai (NASDAQ: AKAM) EVP converts 5,498 RSUs, withholds 2,659 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies EVP and CHRO Anthony P. Williams reported RSU vesting and related share withholding. On March 4, 2026, 5,498 restricted stock units were converted into 5,498 shares of common stock at a stated price of $0.0000 per share, increasing his direct common stock holdings to 36,392 shares. On the same date, 2,659 shares of common stock were disposed of in a tax-withholding transaction at $102.0800 per share, leaving him with 33,733 directly held common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,498 shares exercised/converted
Mixed
3 txns
Insider
Williams Anthony P
Role
EVP and CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,498 | $0.00 | -- |
| Exercise | Common Stock | 5,498 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,659 | $102.08 | $271K |
Holdings After Transaction:
Restricted Stock Units — 5,499 shares (Direct);
Common Stock — 36,392 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. On March 4, 2024, the Reporting Person was granted 16,495 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
FAQ
What insider transactions did Akamai (AKAM) executive Anthony P. Williams report?
Anthony P. Williams reported conversion of 5,498 restricted stock units into common stock and a related tax-withholding disposition of 2,659 common shares at $102.0800 per share. These transactions reflect RSU vesting and share withholding to satisfy tax obligations.
How many Akamai (AKAM) RSUs vested for Anthony P. Williams?
A total of 5,498 restricted stock units vested and were converted into 5,498 shares of Akamai common stock. These units are part of a 16,495 RSU grant that vests in three equal installments on the first, second, and third anniversaries of the March 4, 2024 grant date.
Did Anthony P. Williams buy or sell Akamai (AKAM) stock on the open market?
The reported transactions involve RSU conversion and tax-withholding disposition, not open-market buying or selling. Code M reflects derivative security conversion, and code F reflects payment of exercise price or tax obligations by delivering already-owned or newly-issued shares, according to the filing classifications.
How do Anthony P. Williams’ Akamai (AKAM) RSUs vest over time?
On March 4, 2024, Anthony P. Williams received a grant of 16,495 restricted stock units. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, delivering one share of common stock for each vested RSU.