Akamai (NASDAQ: AKAM) EVP gains PRSUs and withholds shares for taxes

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Form Type

Rhea-AI Filing Summary

Akamai Technologies EVP and CHRO Anthony P. Williams reported multiple performance-based equity transactions. On February 19, 2026, performance restricted stock units (PRSUs) tied to financial targets for 2023–2025 resulted in 3,977 additional PRSUs being earned and the vesting of 9,970 shares of common stock.

Additional PRSUs originally granted in 2024 and 2025 also earned 3,388 and 5,267 units, respectively, upon certification of 2025 results. Following the conversion of 9,970 PRSUs into common stock and a tax-withholding disposition of 3,126 shares at $109.31 per share, Williams directly owned 23,361 shares of Akamai common stock.

Insider Trade Summary

9,970 shares exercised/converted

Mixed 6 txns

Insider Williams Anthony P

Role EVP and CHRO

Type	Security	Shares	Price	Value
Grant/Award	Performance Restricted Stock Units	3,977	$0.00	--
Exercise	Performance Restricted Stock Units	9,970	$0.00	--
Grant/Award	Performance Restricted Stock Units	3,388	$0.00	--
Grant/Award	Performance Restricted Stock Units	5,267	$0.00	--
Exercise	Common Stock	9,970	$0.00	--
Tax Withholding	Common Stock	3,126	$109.31	$342K

Holdings After Transaction: Performance Restricted Stock Units — 9,970 shares (Direct); Common Stock — 26,487 shares (Direct)

Footnotes (1)

Represents an award of performance restricted stock units ("PRSUs") originally granted to the Reporting Person on March 6, 2023 contingent upon achievement of specified financial performance targets for each of 2023, 2024 and 2025. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,977 shares being earned and the vesting of a total of 9,970 shares of Issuer common stock subject to such PRSUs. Represents an award of PRSUs originally granted to the Reporting Person on March 4, 2024 contingent upon achievement of specified financial performance targets for each of 2024, 2025 and 2026. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,388 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2026 are certified. Represents an award of PRSUs originally granted to the Reporting Person on March 3, 2025 contingent upon achievement of specified financial performance targets for each of 2025, 2026 and 2027. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in 5,267 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2027 are certified.

Form 4 Insider Transactions: What Each Field Means →

02/20/2026 - 05:38 PM

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^*

Williams Anthony P

(Last)

(First)

(Middle)

C/O AKAMAI TECHNOLOGIES, INC.

145 BROADWAY

(Street)

CAMBRIDGE

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 CHRO

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/19/2026		M		9,970	A	⁽¹⁾	26,487	D
Common Stock	02/19/2026		F		3,126	D	$109.31	23,361	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Restricted Stock Units	⁽¹⁾	02/19/2026		A		3,977		⁽¹⁾	⁽¹⁾	Common Stock	3,977	$0	9,970	D
Performance Restricted Stock Units	⁽¹⁾	02/19/2026		M			9,970	⁽¹⁾	⁽¹⁾	Common Stock	9,970	$0	0	D
Performance Restricted Stock Units	⁽²⁾	02/19/2026		A		3,388		⁽²⁾	⁽²⁾	Common Stock	3,388	$0	5,158	D
Performance Restricted Stock Units	⁽³⁾	02/19/2026		A		5,267		⁽³⁾	⁽³⁾	Common Stock	5,267	$0	5,267	D

Explanation of Responses:

1. Represents an award of performance restricted stock units ("PRSUs") originally granted to the Reporting Person on March 6, 2023 contingent upon achievement of specified financial performance targets for each of 2023, 2024 and 2025. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,977 shares being earned and the vesting of a total of 9,970 shares of Issuer common stock subject to such PRSUs.

2. Represents an award of PRSUs originally granted to the Reporting Person on March 4, 2024 contingent upon achievement of specified financial performance targets for each of 2024, 2025 and 2026. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,388 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2026 are certified.

3. Represents an award of PRSUs originally granted to the Reporting Person on March 3, 2025 contingent upon achievement of specified financial performance targets for each of 2025, 2026 and 2027. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in 5,267 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2027 are certified.

Remarks:

	/s/ Thomas M. Lair, as power of attorney	02/20/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Akamai (AKAM) EVP Anthony Williams report?

Anthony Williams reported performance-based equity activity, including PRSUs converting into 9,970 shares of common stock and a related tax-withholding share disposition. These transactions reflect vesting from previously granted awards tied to Akamai’s 2025 financial results.

How many Akamai PRSUs vested for Anthony Williams based on 2025 results?

A total of 9,970 PRSUs vested into Akamai common stock for Anthony Williams when 2025 financial results were certified. This vesting stemmed from a 2023 PRSU grant contingent on performance targets across 2023, 2024, and 2025.

What additional Akamai PRSUs did Anthony Williams earn in 2024 and 2025 grants?

Williams earned 3,388 PRSUs from a 2024 grant and 5,267 PRSUs from a 2025 grant when 2025 results were certified. These PRSUs remain subject to future performance targets before fully vesting on later certification dates.

How many Akamai shares did Anthony Williams surrender for taxes?

Williams surrendered 3,126 shares of Akamai common stock at $109.31 per share to cover tax liabilities. This tax-withholding disposition followed the conversion of vested performance restricted stock units into common shares.

How many Akamai common shares does Anthony Williams now directly own?

After the reported transactions, Anthony Williams directly owns 23,361 shares of Akamai common stock. This figure reflects PRSU conversions into common shares and the subsequent tax-withholding share disposition on February 19, 2026.

What is the nature of Anthony Williams’ PRSU awards at Akamai (AKAM)?

Williams’ PRSU awards represent the right to receive one Akamai common share per unit upon vesting. Vesting depends on achieving specified financial performance targets for multi-year periods, with full vesting occurring when later-year results are certified.