Akamai EVP exercises 6,450 RSUs, withholds shares
Akamai Technologies executive Anthony P. Williams reported equity award activity.
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Rhea-AI Filing Summary
Akamai Technologies executive Anthony P. Williams reported equity award activity. On March 6, he exercised 6,450 restricted stock units, converting them into 6,450 shares of Akamai common stock at a stated price of $0.00 per share.
The filing also shows a tax-related share disposition: 3,119 shares of common stock were withheld at $101.00 per share to cover tax liabilities tied to the vesting. The RSUs were part of a 19,348-unit grant made on March 6, 2023 that vests in three equal annual installments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,450 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,450 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,119 | $101.00 | $315K |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2. On March 6, 2023, the Reporting Person was granted 19,348 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
FAQ
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What insider transactions did Akamai (AKAM) executive Anthony P. Williams report?
How many Akamai (AKAM) restricted stock units did Williams convert to common stock?
What was the nature of the Akamai (AKAM) tax-withholding transaction in this Form 4?
What RSU grant underlies Anthony P. Williams’ March 6 Akamai (AKAM) transactions?
What is Anthony P. Williams’ role at Akamai (AKAM) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.