Akamai SVP exercises RSUs, covers taxes in shares
Akamai Technologies SVP and Chief Accounting Officer Laura Howell exercised restricted stock units and had shares withheld for taxes.
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Rhea-AI Filing Summary
Akamai Technologies SVP and Chief Accounting Officer Laura Howell exercised restricted stock units and had shares withheld for taxes. She converted 322 RSUs into 322 shares of common stock, then 95 shares were disposed of at $106.47 per share to cover tax obligations. After these transactions, she directly held 16,140 common shares and 645 RSUs. She also reported an additional indirect holding of 153.223 common shares through a 401(k) plan. Footnotes state each RSU equals one share upon vesting and reference a prior grant of 3,845 RSUs made on September 12, 2023 with vesting over three years.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 322 | $0.00 | $0.00 |
| Exercise | Common Stock | 322 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 95 | $106.47 | $10K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2. As of March 11, 2026.
- F3. On September 12, 2023, the Reporting Person was granted 3,845 RSUs. Such RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Akamai (AKAM) executive Laura Howell report?
What does the tax-withholding transaction mean in the Akamai (AKAM) Form 4?
What are the terms of Laura Howell’s Akamai (AKAM) RSU grant mentioned in the filing?
How many restricted stock units did Laura Howell exercise in this Akamai (AKAM) filing?
Is Laura Howell’s Akamai (AKAM) Form 4 transaction a market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.