Akamai (AKAM) CEO logs stock bonus grant and tax withholding in shares
Rhea-AI Filing Summary
Akamai Technologies Chief Executive Officer F. Thomson Leighton reported stock-based compensation and related tax withholding in company shares. He received a grant of 24,094 shares of common stock at $0.0000 per share as payment of his 2025 bonus under Akamai’s Amended and Restated 2013 Stock Incentive Plan, and 11,650 shares were disposed of at $94.17 per share to satisfy tax obligations by delivering shares instead of cash. After these transactions, he directly owned 61,579 common shares. Additional common shares are held indirectly through the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust, where he serves as trustee and disclaims beneficial ownership except for his pecuniary interest, and through the TBL Foundation, where he is also a trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,094 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,650 | $94.17 | $1.10M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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 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.
FAQ
What insider transactions did Akamai (AKAM) CEO F. Thomson Leighton report?
What indirect Akamai (AKAM) holdings are associated with the CEO through trusts or foundations?