Akamai EVP reports RSU vesting, tax share withholding
Akamai Technologies executive Paul C. Joseph, EVP - Global Sales, reported routine equity transactions involving restricted stock units and common stock.
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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 39,533 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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,673 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,673 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,227 | $101.00 | $326K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- 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 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Akamai (AKAM) EVP Paul C. Joseph report?
Was the Akamai (AKAM) Form 4 a stock sale by the EVP?
What are the terms of Paul C. Joseph’s Akamai (AKAM) RSU grant?
How many Akamai (AKAM) RSUs vested or were exercised in this filing?
How is the Akamai (AKAM) EVP’s 401(k) ownership reported on Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.