Akamai (AKAM) CEO logs 74,252 RSU grant and tax share disposal
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (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.
FAQ
What equity award did Akamai (AKAM) CEO F. Thomson Leighton receive?
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