Akamai EVP granted 22,839 RSUs, converts units
Akamai Technologies executive Joseph Paul C, EVP – Global Sales, reported several equity transactions.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,353 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,353 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,039 | $97.64 | $394K |
| Grant/Award | Restricted Stock Units | 22,839 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2. As of March 3, 2026.
- F3. 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.
- F4. 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.
FAQ
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What equity award did Akamai (AKAM) EVP Joseph Paul C receive?
How many Akamai (AKAM) RSUs did the EVP convert to common stock?
How do the newly granted Akamai (AKAM) RSUs vest over time?
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