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Akamai (NASDAQ: AKAM) EVP receives 22,839 RSUs and converts 8,353

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

Rhea-AI Filing Summary

Akamai Technologies executive Joseph Paul C, EVP – Global Sales, reported several equity transactions. On March 2, 2026, he was granted 22,839 restricted stock units (RSUs), which vest in three equal annual installments on the first, second and third anniversaries of the grant date.

On March 3, 2026, 8,353 RSUs were converted into the same number of Akamai common shares, and 4,039 common shares were disposed of at $97.64 per share to cover tax obligations. After these transactions, he directly owned 33,165 common shares, plus an additional 165.196 shares held indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Joseph Paul C
Role EVP - Global Sales
Type Security Shares Price Value
Exercise Restricted Stock Units 8,353 $0.00 --
Exercise Common Stock 8,353 $0.00 --
Tax Withholding Common Stock 4,039 $97.64 $394K
Grant/Award Restricted Stock Units 22,839 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 16,708 shares (Direct); Common Stock — 37,204 shares (Direct); Common Stock — 165.196 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. As of March 3, 2026. On March 2, 2026, the Reporting Person was granted 22,839 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 25,061 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
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*
Joseph Paul C

(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 - Global Sales
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/03/2026 M 8,353 A (1) 37,204 D
Common Stock 03/03/2026 F 4,039 D $97.64 33,165 D
Common Stock 165.196(2) 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
Restricted Stock Units (1) 03/02/2026 A 22,839 (3) (3) Common Stock 22,839 $0 22,839 D
Restricted Stock Units (1) 03/03/2026 M 8,353 (4) (4) Common Stock 8,353 $0 16,708 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
2. As of March 3, 2026.
3. On March 2, 2026, the Reporting Person was granted 22,839 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
4. On March 3, 2025, the Reporting Person was granted 25,061 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Remarks:
/s/ Thomas M. Lair, as power of attorney 03/04/2026
** 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 equity award did Akamai (AKAM) EVP Joseph Paul C receive?

On March 2, 2026, EVP Joseph Paul C received a grant of 22,839 restricted stock units (RSUs). These RSUs vest over three years, in equal installments on the first, second and third anniversaries of the grant date, subject to continued service.

How many Akamai (AKAM) RSUs did the EVP convert to common stock?

On March 3, 2026, the EVP converted 8,353 RSUs into 8,353 shares of Akamai common stock. Each RSU represents the right to receive one share upon vesting, so the conversion did not involve a cash purchase price.

Why were 4,039 Akamai (AKAM) shares disposed of in this Form 4?

The disposition of 4,039 shares of Akamai common stock at $97.64 per share was reported as a tax-withholding transaction. Shares were delivered to satisfy tax obligations arising from equity vesting or exercise, not as an open-market sale.

What are the EVP’s Akamai (AKAM) share holdings after these transactions?

Following the reported transactions, the EVP directly held 33,165 shares of Akamai common stock. He also had an additional 165.196 shares held indirectly through a 401(k) plan, reflecting retirement-plan ownership separate from his direct holdings.

How do the newly granted Akamai (AKAM) RSUs vest over time?

The 22,839 Akamai RSUs granted on March 2, 2026 vest in three equal annual tranches. Equal portions vest on the first, second and third anniversaries of the grant date, aligning the award with multi-year service and performance horizons.
Akamai Technologies Inc

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Software - Infrastructure
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