STOCK TITAN

Akamai (NASDAQ: AKAM) director Daniel Hesse granted 2,172 deferred stock units

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

Rhea-AI Filing Summary

HESSE DANIEL reported acquisition or exercise transactions in this Form 4 filing.

Akamai Technologies director Daniel Hesse received a grant of 2,172 deferred stock units, each tied to one share of common stock. These units vest one year after the grant date, and distribution has been deferred until May 13, 2030, a qualifying change in control, or death.

Positive

  • None.

Negative

  • None.
Insider HESSE DANIEL
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 2,172 $0.00 --
Holdings After Transaction: Deferred Stock Units — 2,172 shares (Direct, null)
Footnotes (1)
  1. Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting. Deferred stock units vest one year following the grant date; however, the Reporting Person elected to defer distribution until the earlier to occur of (i) May 13, 2030, (ii) a change in control (as defined under Code Section 409A), or (iii) death.
Deferred stock units granted 2,172 units Grant to director Daniel Hesse
Underlying common shares 2,172 shares One share of common stock per unit
Vesting period 1 year Units vest one year following grant date
Deferred distribution date May 13, 2030 Latest scheduled distribution date absent earlier triggering event
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
change in control financial
"until the earlier to occur of (i) May 13, 2030, (ii) a change in control..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Code Section 409A financial
"a change in control (as defined under Code Section 409A), or (iii) death."
SEC Form 4
FORM 4UNITED 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*
HESSE DANIEL

(Last)(First)(Middle)
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)05/13/2026A2,172 (2) (2)Common Stock2,172$02,172D
Explanation of Responses:
1. Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting.
2. Deferred stock units vest one year following the grant date; however, the Reporting Person elected to defer distribution until the earlier to occur of (i) May 13, 2030, (ii) a change in control (as defined under Code Section 409A), or (iii) death.
Remarks:
/s/ Kristin Eberhart, by power of attorney05/14/2026
** Signature of Reporting PersonDate
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.
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* Form 4: SEC 1474 (03-26)