STOCK TITAN

Akamai (NASDAQ: AKAM) CMO logs PRSU vesting and tax share disposition

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

Rhea-AI Filing Summary

AKAMAI TECHNOLOGIES INC executive Kim Salem-Jackson, EVP and Chief Marketing Officer, reported multiple equity compensation transactions tied to performance restricted stock units (PRSUs). On February 19, 2026, certification of the issuer’s 2025 financial results caused 8,937 PRSUs from a March 6, 2023 grant to vest into the same number of common shares.

The filing also shows additional PRSUs being earned: 3,565 units from the 2023 grant, 2,477 units from a March 4, 2024 grant, and 3,655 units from a March 3, 2025 grant, each representing the right to receive one share upon vesting. As part of the vesting event, 2,681 common shares were disposed of at $109.3100 per share to cover tax obligations, leaving 50,127 common shares held directly and 148.5290 shares held indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Salem-Jackson Kim
Role EVP, Chief Marketing Officer
Type Security Shares Price Value
Grant/Award Performance Restricted Stock Units 3,565 $0.00 --
Exercise Performance Restricted Stock Units 8,937 $0.00 --
Grant/Award Performance Restricted Stock Units 2,477 $0.00 --
Grant/Award Performance Restricted Stock Units 3,655 $0.00 --
Exercise Common Stock 8,937 $0.00 --
Tax Withholding Common Stock 2,681 $109.31 $293K
holding Common Stock -- -- --
Holdings After Transaction: Performance Restricted Stock Units — 8,937 shares (Direct); Common Stock — 52,808 shares (Direct); Common Stock — 148.529 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  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 3,565 shares being earned and the vesting of a total of 8,937 shares of Issuer common stock subject to such PRSUs. As of February 19, 2026. 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 2,477 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 3,655 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.
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*
Salem-Jackson Kim

(Last) (First) (Middle)
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, Chief Marketing Officer
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)
Code V Amount (A) or (D) Price
Common Stock 02/19/2026 M 8,937 A (1) 52,808 D
Common Stock 02/19/2026 F 2,681 D $109.31 50,127 D
Common Stock 148.529(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
Performance Restricted Stock Units (1) 02/19/2026 A 3,565 (1) (1) Common Stock 3,565 $0 8,937 D
Performance Restricted Stock Units (1) 02/19/2026 M 8,937 (1) (1) Common Stock 8,937 $0 0 D
Performance Restricted Stock Units (3) 02/19/2026 A 2,477 (3) (3) Common Stock 2,477 $0 3,771 D
Performance Restricted Stock Units (4) 02/19/2026 A 3,655 (4) (4) Common Stock 3,655 $0 3,655 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 3,565 shares being earned and the vesting of a total of 8,937 shares of Issuer common stock subject to such PRSUs.
2. As of February 19, 2026.
3. 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 2,477 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.
4. 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 3,655 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.

FAQ

What insider transactions did AKAM (Akamai Technologies) report for Kim Salem-Jackson?

Kim Salem-Jackson reported PRSU vesting and related share activity. 8,937 performance restricted stock units vested into common shares, several new PRSUs were earned, and 2,681 common shares were disposed of to satisfy tax obligations tied to the vesting event.

How many Akamai common shares did Kim Salem-Jackson hold after these Form 4 transactions?

After these transactions, Kim Salem-Jackson held 50,127 Akamai common shares directly. In addition, 148.5290 common shares were reported as held indirectly through a 401(k) plan, reflecting both direct and retirement-plan-related ownership positions disclosed in the filing.

What performance restricted stock units (PRSUs) vested or were earned for AKAM’s CMO?

For the March 6, 2023 PRSU grant, 8,937 units vested after 2025 results were certified, including 3,565 newly earned units. Additional PRSUs earned included 2,477 units from a March 4, 2024 grant and 3,655 units from a March 3, 2025 grant.

Were any Akamai shares sold on the market in this Form 4, or only for taxes?

The filing shows 2,681 Akamai common shares disposed of at $109.3100 per share as a tax-withholding transaction. This disposition was reported under code F, indicating shares were delivered to cover tax liabilities rather than an open-market sale.

How are Akamai’s PRSUs structured for Kim Salem-Jackson according to this filing?

The PRSUs were originally granted in 2023, 2024, and 2025, each tied to financial performance targets over three years. Each PRSU converts into one share of common stock upon vesting, triggered when specified annual performance targets are certified by the issuer.

What triggered the 2025 performance-based vesting of Akamai PRSUs for the CMO?

Certification of Akamai’s 2025 financial results on February 19, 2026 triggered PRSU vesting. This certification caused 8,937 PRSUs from the 2023 grant to vest and additional units from 2024 and 2025 PRSU awards to be earned based on the performance targets.