Akamai EVP Mani Sundaram sells 3,186 shares

Akamai Technologies EVP and GM Security Mani Sundaram reported several equity transactions involving company stock and restricted stock units.

Accepted by SEC EDGAR 03/05/2026 - 04:53 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Akamai Technologies EVP and GM Security Mani Sundaram reported several equity transactions involving company stock and restricted stock units. On March 5, 2026, a family trust associated with him sold 3,186 shares of common stock in an open-market transaction at $101.90 per share, under a Rule 10b5-1 trading plan adopted on August 25, 2025. Following this sale, the trust held 19,923 shares of common stock indirectly.

On March 4, 2026, 6,169 restricted stock units were converted into the same number of common shares, classified as a derivative exercise. In connection with this vesting, 2,983 common shares were disposed of at $102.08 per share to cover tax obligations. After these transactions, indirect holdings included 23,109 common shares, and direct holdings included 6,170 restricted stock units and 163.509 common shares held through a 401(k) plan.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Sundaram Mani

Role EVP and GM Security

Sold 3,186 shs ($325K)

Approx. gross sale proceeds $325K

Approx. exercise cost $0.00

Share of Position Sold 13.8%

Type	Security	Shares	Price	Value
Sale	Common Stock	3,186	$101.90	$325K
Exercise	Restricted Stock Units	6,169	$0.00	$0.00
Exercise	Common Stock	6,169	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2,983	$102.08	$305K
Holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 6,170 contracts (Direct); Common Stock — 19,923 shares (Indirect, See footnote); Common Stock — 163.509 shares (Indirect, By 401(k) Plan)

Holdings Before and After: Restricted Stock Units, 12,339 to 6,170 contracts (Direct); Common Stock, 19,923 to 19,923 shares (Indirect, See footnote)

Other Insiders: 6 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (5)

1. F1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
2. F2. Held by The MMMM Family Living Trust, of which the Reporting Person is a trustee.
3. F3. Sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 25, 2025.
4. F4. As of March 3, 2026.
5. F5. On March 4, 2024, the Reporting Person was granted 18,508 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Akamai (AKAM) EVP Mani Sundaram report?

Mani Sundaram reported an open-market sale of 3,186 Akamai common shares at $101.90 per share and several related equity transactions tied to restricted stock units, including conversions into common stock and tax-withholding share dispositions.

How many Akamai (AKAM) shares did the trust associated with Mani Sundaram sell?

A family trust associated with Mani Sundaram sold 3,186 Akamai common shares at $101.90 per share. This open-market sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-arranged rather than an ad hoc transaction.

What is the size of Mani Sundaram’s remaining Akamai (AKAM) indirect holdings after the sale?

After the 3,186-share sale on March 5, 2026, the associated family trust held 19,923 Akamai common shares indirectly. Earlier, after vesting-related transactions on March 4, 2026, indirect holdings totaled 23,109 common shares before the subsequent sale.

How many restricted stock units vested for Mani Sundaram at Akamai (AKAM)?

On March 4, 2026, 6,169 restricted stock units (RSUs) were converted into 6,169 Akamai common shares. Each RSU represents the right to receive one common share upon vesting, and 6,170 RSUs remained directly held afterward.

Were any Akamai (AKAM) shares disposed of to cover taxes for Mani Sundaram’s RSUs?

Yes. In connection with RSU vesting on March 4, 2026, 2,983 Akamai common shares were disposed of at $102.08 per share as a tax-withholding disposition, used to satisfy tax obligations arising from the RSU conversion.

Was Mani Sundaram’s Akamai (AKAM) share sale under a Rule 10b5-1 plan?

The 3,186-share Akamai common stock sale on March 5, 2026 was made pursuant to a Rule 10b5-1 trading plan adopted by Mani Sundaram on August 25, 2025, indicating the transaction followed a pre-established selling schedule.

What longer-term RSU grant does Mani Sundaram hold at Akamai (AKAM)?

On March 4, 2024, Mani Sundaram was granted 18,508 restricted stock units that vest in three equal installments on the first, second, and third anniversaries of the grant date, creating a multi-year equity compensation schedule tied to continued service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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).

X

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^*

Sundaram Mani

(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 and GM Security

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		6,169	A	(1)	26,092	I	See footnote(2)
Common Stock	03/04/2026		F		2,983	D	$102.08	23,109	I	See footnote(2)
Common Stock	03/05/2026		S(3)		3,186	D	$101.9	19,923	I	See footnote(2)
Common Stock								163.509(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			6,169	(5)	(5)	Common Stock	6,169	$0	6,170	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.

2. Held by The MMMM Family Living Trust, of which the Reporting Person is a trustee.

3. Sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 25, 2025.

4. As of March 3, 2026.

5. On March 4, 2024, the Reporting Person was granted 18,508 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.