Akamai CEO exercises 20,314 RSUs, withholds shares
On March 4, 2026, Akamai Technologies CEO Thomson F. Leighton exercised 20,314 restricted stock units into common stock and had 9,822 shares withheld at $102.08 per share to satisfy tax obligations.
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Form Type
4
Rhea-AI Filing Summary
On March 4, 2026, Akamai Technologies CEO Thomson F. Leighton exercised 20,314 restricted stock units into common stock and had 9,822 shares withheld at $102.08 per share to satisfy tax obligations. These RSUs relate to a 60,942-unit grant made on March 4, 2024 that vests in three equal annual installments.
Following these transactions he holds 85,914 common shares directly and 2,638,321 common shares indirectly through entities including a revocable trust and a foundation, where he serves as trustee and disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
20,314 shares exercised/converted
Exercise
3 txns
Insider
LEIGHTON F THOMSON
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,314 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,314 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,822 | $102.08 | $1.00M |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 20,315 contracts (Direct);
Common Stock — 85,914 shares (Direct);
Common Stock — 2,638,321 shares (Indirect, See note)
Holdings Before and After:
Restricted Stock Units, 40,629 to 20,315 contracts (Direct);
Common Stock, 75,422 to 85,914 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
- F2. Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 of which the Reporting Person serves as a trustee. The Reporting Person disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
- F3. Includes 10,481 shares received pursuant to a distribution from the David T. Leighton trust, of which the Reporting Person served as trustee. Such distribution was made in accordance with the exemptions afforded under 16a-9 and 16a-13.
- F4. Held by the TBL Foundation of which the Reporting Person serves as a trustee.
- F5. On March 4, 2024, the Reporting Person was granted 60,942 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Key Figures
RSUs exercised: 20,314 shares
Shares withheld for taxes: 9,822 shares
Tax withholding price: $102.08 per share
+3 more
6 metrics
RSUs exercised
20,314 shares
Restricted stock units converted into common stock on March 4, 2026
Shares withheld for taxes
9,822 shares
Common shares withheld at $102.08 per share on March 4, 2026
Tax withholding price
$102.08 per share
Per-share price used for the tax-withholding disposition
Direct common stock holdings
85,914 shares
Post-transaction direct holdings of Thomson F. Leighton
Indirect common stock holdings
2,638,321 shares
Post-transaction indirect holdings through entities noted in footnotes
RSU grant size
60,942 RSUs
RSUs granted on March 4, 2024, vesting over three years in equal installments
Key Terms
Restricted Stock Units, tax-withholding disposition, pecuniary interest, Revocable Trust, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
pecuniary interest regulatory
"disclaims beneficial ownership of shares except to the extent of his pecuniary interest"
Revocable Trust financial
"Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
16a-9 regulatory
"distribution was made in accordance with the exemptions afforded under 16a-9 and 16a-13"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Akamai (AKAM) CEO Thomson F. Leighton report?
Thomson F. Leighton reported exercising 20,314 restricted stock units into common stock and a tax-withholding disposition of 9,822 shares at $102.08 per share. After these transactions he holds 85,914 shares directly and 2,638,321 shares indirectly.
How many Akamai (AKAM) RSUs did the CEO convert on March 4, 2026?
He converted 20,314 restricted stock units into an equal number of common shares on March 4, 2026. Each RSU represents the right to receive one share of common stock upon vesting, reflecting previously granted equity-based compensation rather than an open-market stock purchase.
What are Thomson F. Leighton’s Akamai (AKAM) holdings after these transactions?
Post-transaction, he holds 85,914 Akamai common shares directly and 2,638,321 common shares indirectly. The indirect holdings are through entities including a revocable trust and a foundation, where he serves as trustee and disclaims beneficial ownership beyond his pecuniary interest.
What is the vesting schedule for the 60,942 Akamai (AKAM) RSUs granted to the CEO?
He was granted 60,942 restricted stock units on March 4, 2024, vesting in three equal installments. The units vest on the first, second, and third anniversaries of the grant date, with each vested unit delivering one share of Akamai common stock upon settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
