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Akamai (AKAM) EVP Mani Sundaram awarded 6,425 shares, 3,107 withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Akamai Technologies executive Mani Sundaram, EVP and GM Security, indirectly received 6,425 shares of common stock on February 20, 2026 as a 2025 bonus paid in stock under Akamai’s Amended and Restated 2013 Stock Incentive Plan.

On the same date, 3,107 indirectly held shares were disposed of at $94.17 per share to cover tax withholding obligations, a non‑open‑market transaction. These shares are held through The MMMM Family Living Trust, where Sundaram is a trustee. He also indirectly holds 151.441 shares through a 401(k) plan as of February 20, 2026.

Positive

  • None.

Negative

  • None.
Insider Sundaram Mani
Role EVP and GM Security
Type Security Shares Price Value
Grant/Award Common Stock 6,425 $0.00 --
Tax Withholding Common Stock 3,107 $94.17 $293K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 26,997 shares (Indirect, See footnote)
Footnotes (1)
  1. Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2025 bonus award. Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. As of February 20, 2026.
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*
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)
02/20/2026
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 02/20/2026 A(1) 6,425 A $0 26,997 I See footnote(2)
Common Stock 02/20/2026 F 3,107 D $94.17 23,890 I See footnote(2)
Common Stock 151.441(3) 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
Explanation of Responses:
1. Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2025 bonus award.
2. Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee.
3. As of February 20, 2026.
Remarks:
/s/ Thomas M. Lair, as power of attorney 02/23/2026
** 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 insider transactions did AKAM EVP Mani Sundaram report on February 20, 2026?

Mani Sundaram reported receiving 6,425 Akamai common shares as a 2025 bonus grant and disposing of 3,107 indirectly held shares at $94.17 per share for tax withholding, all dated February 20, 2026 and reported as indirect ownership.

How many Akamai (AKAM) shares were granted to Mani Sundaram as a bonus?

Sundaram was granted 6,425 shares of Akamai common stock as payment of his 2025 bonus. The shares were issued under Akamai’s Amended and Restated 2013 Stock Incentive Plan and are reported as indirectly held through The MMMM Family Living Trust.

Was the Akamai (AKAM) insider transaction by Mani Sundaram a market sale?

The disposition of 3,107 Akamai shares was not an open‑market sale. It was coded “F,” meaning shares were delivered at $94.17 per share to satisfy tax withholding obligations related to the stock award, and therefore functioned as a tax‑withholding transaction.

Through what entity does Mani Sundaram hold his Akamai (AKAM) shares?

The reported shares are held indirectly through The MMMM Family Living Trust, where Mani Sundaram serves as a trustee. Additional indirect holdings of 151.441 Akamai shares are reported in a 401(k) plan, with both positions shown as of February 20, 2026.

How many Akamai (AKAM) shares did Mani Sundaram hold after the reported Form 4 transactions?

After the 6,425‑share award, one line shows 26,997 indirectly held shares, and after the 3,107‑share tax disposition, another line shows 23,890 indirectly held shares. A separate 401(k) entry lists 151.441 shares as of February 20, 2026.
Akamai Technologies Inc

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15.97B
141.59M
Software - Infrastructure
Services-business Services, Nec
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United States
CAMBRIDGE