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Akamai (AKAM) CEO logs 74,252 RSU grant and tax share disposal

Filing Impact
(Neutral)
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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Akamai Technologies Chief Executive Officer F. Thomson Leighton reported equity compensation activity. On March 2, 2026, he was granted 74,252 restricted stock units (RSUs), which vest in three equal annual installments starting on the first anniversary of the grant.

On March 3, 2026, he exercised 28,333 RSUs, receiving the same number of common shares at no cost, then disposed of 14,490 shares of common stock at $97.64 per share to cover tax obligations related to the award.

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Insider LEIGHTON F THOMSON
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 28,333 $0.00 --
Exercise Common Stock 28,333 $0.00 --
Tax Withholding Common Stock 14,490 $97.64 $1.41M
Grant/Award Restricted Stock Units 74,252 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 56,667 shares (Direct); Common Stock — 89,912 shares (Direct); Common Stock — 2,529,963 shares (Indirect, See note)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 of which Mr. Leighton serves as a trustee. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein. Includes 10,481 shares received pursuant to a distribution from the David T. Leighton trust, of which the Reporting Person served as trustee. Such distribution was made in accordance with the exemptions afforded under 16a-9 and 16a-13. Held by the TBL Foundation of which Mr. Leighton serves as a trustee. On March 2, 2026, the Reporting Person was granted 74,252 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. On March 3, 2025, the Reporting Person was granted 85,000 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*
LEIGHTON F THOMSON

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/03/2026 M 28,333 A (1) 89,912 D
Common Stock 03/03/2026 F 14,490 D $97.64 75,422 D
Common Stock 2,529,963 I(2)(3) See note
Common Stock 108,358 I(4) See note
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) 03/02/2026 A 74,252 (5) (5) Common Stock 74,252 $0 74,252 D
Restricted Stock Units (1) 03/03/2026 M 28,333 (6) (6) Common Stock 28,333 $0 56,667 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
2. Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 of which Mr. Leighton serves as a trustee. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
3. Includes 10,481 shares received pursuant to a distribution from the David T. Leighton trust, of which the Reporting Person served as trustee. Such distribution was made in accordance with the exemptions afforded under 16a-9 and 16a-13.
4. Held by the TBL Foundation of which Mr. Leighton serves as a trustee.
5. On March 2, 2026, the Reporting Person was granted 74,252 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
6. On March 3, 2025, the Reporting Person was granted 85,000 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 03/04/2026
** 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 equity award did Akamai (AKAM) CEO F. Thomson Leighton receive?

Akamai’s CEO received a grant of 74,252 restricted stock units (RSUs) on March 2, 2026. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, aligning compensation with longer-term company performance.

How do the new Akamai (AKAM) RSUs for the CEO vest over time?

The 74,252 RSUs granted to Akamai’s CEO vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of the March 2, 2026 grant date, gradually delivering Akamai common shares as long as the vesting conditions are met.

What stock transactions did the Akamai (AKAM) CEO report on March 3, 2026?

On March 3, 2026, the CEO exercised 28,333 RSUs, receiving the same number of Akamai common shares at no cost. He then disposed of 14,490 shares at $97.64 per share to satisfy associated tax liabilities through share withholding.

Was the Akamai (AKAM) CEO’s March 3, 2026 share disposition an open-market sale?

The March 3, 2026 disposition of 14,490 Akamai shares at $97.64 per share was reported with transaction code “F.” This indicates shares were withheld or delivered to cover tax liabilities, rather than an open-market sale initiated for discretionary portfolio reasons.

What does each Akamai (AKAM) restricted stock unit represent for the CEO?

Each Akamai restricted stock unit (RSU) represents the right to receive one share of Akamai common stock upon vesting. As RSUs vest over time, they convert into actual shares, creating equity ownership instead of immediate cash compensation for the executive.

Does the Akamai (AKAM) CEO hold shares indirectly through trusts or foundations?

Yes. Some Akamai common stock is held indirectly through entities such as the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust and the TBL Foundation. The CEO serves as a trustee and disclaims beneficial ownership except to the extent of his pecuniary interest in certain holdings.
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Software - Infrastructure
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United States
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