Akamai (NASDAQ: AKAM) CMO logs PRSU vesting and tax share disposition
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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (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.