Akamai (AKAM) CEO logs 74,252 RSU grant and tax share disposal
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,333 shares exercised/converted
Mixed
6 txns
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)
- 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?
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.
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.