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Akamai (AKAM) EVP logs RSU conversion and tax share withholding in Form 4

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

Rhea-AI Filing Summary

Akamai Technologies executive Paul C. Joseph, EVP - Global Sales, reported routine equity transactions involving restricted stock units and common stock. On March 6, 2026, 6,673 restricted stock units were exercised and converted into 6,673 shares of common stock at a stated price of $0.00 per share.

In connection with this vesting, 3,227 shares of common stock were withheld at $101.00 per share to cover tax obligations, a disposition classified under code F. After these transactions, he directly owned 42,760 shares of common stock and indirectly held 165.196 shares through a 401(k) plan. Footnotes explain that each RSU converts into one share and that the 20,016 RSUs granted on March 6, 2023 vest in three equal annual installments.

Positive

  • None.

Negative

  • None.
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)
03/06/2026
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 03/06/2026 M 6,673 A (1) 42,760 D
Common Stock 03/06/2026 F 3,227 D $101 39,533 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) 03/06/2026 M 6,673 (3) (3) Common Stock 6,673 $0 0 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 6, 2023, the Reporting Person was granted 20,016 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 03/06/2026
** 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 insider transactions did Akamai (AKAM) EVP Paul C. Joseph report?

EVP Paul C. Joseph reported RSU vesting and related share withholding. 6,673 restricted stock units converted into 6,673 common shares, and 3,227 shares were withheld at $101.00 per share to satisfy tax obligations tied to the vesting event.

How many Akamai (AKAM) shares does Paul C. Joseph own after this Form 4?

After the reported transactions, Paul C. Joseph directly owned 42,760 shares of Akamai common stock. He also indirectly held 165.196 shares through a 401(k) plan, reflecting both vested equity and retirement-plan holdings following the March 6, 2026 RSU vesting activity.

Was the Akamai (AKAM) Form 4 a stock sale by the EVP?

The Form 4 shows tax-withholding, not an open-market sale. 3,227 shares were automatically disposed of at $101.00 per share under code F to cover tax liabilities from RSU vesting, a common administrative step rather than a discretionary share sale.

What are the terms of Paul C. Joseph’s Akamai (AKAM) RSU grant?

On March 6, 2023, Paul C. Joseph received 20,016 restricted stock units. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, with each vested RSU delivering one share of Akamai common stock.

How many Akamai (AKAM) RSUs vested or were exercised in this filing?

In this filing, 6,673 restricted stock units were exercised or converted into 6,673 Akamai common shares. Each RSU represents the right to receive one common share upon vesting, as described in the accompanying footnote to the insider’s Form 4 disclosure.

How is the Akamai (AKAM) EVP’s 401(k) ownership reported on Form 4?

The Form 4 reports 165.196 Akamai common shares held indirectly through a 401(k) plan. This position is classified as indirect ownership, reflecting retirement-plan holdings separate from the executive’s directly owned shares acquired through equity compensation and previous transactions.
Akamai Technologies Inc

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United States
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