STOCK TITAN

Akamai (NASDAQ: AKAM) CEO exercises RSUs, now holds 85,914 shares directly

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Akamai Technologies Inc. Chief Executive Officer F. Thomson Leighton reported equity transactions related to restricted stock units and common stock. On March 4, 2026, he exercised 20,314 Restricted Stock Units, each RSU representing the right to receive one share of common stock upon vesting.

This exercise converted into 20,314 shares of common stock at a stated price of $0.0000 per share, increasing his directly held common stock to 95,736 shares before tax withholding. On the same date, 9,822 shares of common stock were disposed of at $102.0800 per share to satisfy exercise price or tax liabilities, leaving 85,914 directly held common shares.

In addition to direct holdings, Leighton is reported as having indirect ownership of 2,529,963 common shares and 108,358 common shares through entities noted in the footnotes, including a revocable trust and the TBL Foundation. He disclaims beneficial ownership of shares held by certain trusts except to the extent of his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider LEIGHTON F THOMSON
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 20,314 $0.00 --
Exercise Common Stock 20,314 $0.00 --
Tax Withholding Common Stock 9,822 $102.08 $1.00M
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 20,315 shares (Direct); Common Stock — 95,736 shares (Direct); Common Stock — 2,529,963 shares (Indirect, See note)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. 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. 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. Held by the TBL Foundation of which the Reporting Person serves as a trustee. 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.
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*
LEIGHTON F THOMSON

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 M 20,314 A (1) 95,736 D
Common Stock 03/04/2026 F 9,822 D $102.08 85,914 D
Common Stock 2,529,963 I(2)(3) See note
Common Stock 108,358 I(4) See note
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) 03/04/2026 M 20,314 (5) (5) Common Stock 20,314 $0 20,315 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
2. 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.
3. 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.
4. Held by the TBL Foundation of which the Reporting Person serves as a trustee.
5. 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.
Remarks:
/s/ Thomas M. Lair, as power of attorney 03/05/2026
** 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 CEO F. Thomson Leighton report on March 4, 2026?

On March 4, 2026, CEO F. Thomson Leighton exercised 20,314 Restricted Stock Units into common stock and had 9,822 common shares withheld and disposed at $102.0800 per share to cover exercise price or tax liabilities, as disclosed in the Form 4 filing.

How many Akamai (AKAM) shares does the CEO hold directly after these Form 4 transactions?

After the reported March 4, 2026 transactions, CEO F. Thomson Leighton directly holds 85,914 shares of Akamai common stock. This reflects RSU conversion to 20,314 shares followed by a 9,822-share tax-withholding disposition recorded at $102.0800 per share.

What does each Akamai (AKAM) Restricted Stock Unit represent for the CEO?

Each Restricted Stock Unit (RSU) reported for the CEO represents the right to receive one share of Akamai common stock upon vesting. This one-to-one relationship is explicitly stated, meaning 20,314 vested RSUs became 20,314 common shares on March 4, 2026.

What indirect Akamai (AKAM) shareholdings are associated with CEO F. Thomson Leighton?

Indirectly, 2,529,963 common shares and 108,358 common shares are reported, linked to entities noted in footnotes, including a revocable trust and the TBL Foundation. The CEO serves as trustee and disclaims beneficial ownership for certain trust-held shares except for his pecuniary interest.

What do the Akamai (AKAM) Form 4 footnotes say about the CEO’s trust holdings?

Footnotes state some shares are held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust, where he is a trustee. He disclaims beneficial ownership of those trust shares except to the extent of his pecuniary interest, clarifying the nature of his indirect economic exposure.

What prior RSU grant to the Akamai (AKAM) CEO is referenced in the footnotes?

A footnote states that on March 4, 2024, the CEO was granted 60,942 RSUs. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, providing a structured, time-based equity compensation schedule.
Akamai Technologies Inc

NASDAQ:AKAM

View AKAM Stock Overview

AKAM Rankings

AKAM Latest News

AKAM Latest SEC Filings

AKAM Stock Data

16.59B
141.59M
Software - Infrastructure
Services-business Services, Nec
Link
United States
CAMBRIDGE