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Akamai (AKAM) EVP converts 6,450 RSUs, withholds 3,119 shares for taxes

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

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.

Positive

  • None.

Negative

  • None.
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*
Williams Anthony P

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and CHRO
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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 03/06/2026 M 6,450 A (1) 40,183 D
Common Stock 03/06/2026 F 3,119 D $101 37,064 D
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) 03/06/2026 M 6,450 (2) (2) Common Stock 6,450 $0 0 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
2. 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.
Remarks:
/s/ Thomas M. Lair, as power of attorney 03/06/2026
** 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 Akamai (AKAM) executive Anthony P. Williams report?

Anthony P. Williams reported exercising 6,450 restricted stock units into common shares and a tax-withholding share disposition of 3,119 shares. Both transactions occurred on March 6 and relate to an existing RSU grant that vests in equal annual installments.

How many Akamai (AKAM) restricted stock units did Williams convert to common stock?

Williams converted 6,450 restricted stock units into 6,450 shares of Akamai common stock. Each RSU represents the right to receive one share upon vesting, reflecting previously granted equity now settling into directly held shares of the company.

What was the nature of the Akamai (AKAM) tax-withholding transaction in this Form 4?

The Form 4 shows a tax-withholding disposition of 3,119 Akamai common shares at $101.00 per share. These shares were delivered to satisfy tax liabilities associated with the vesting and settlement of restricted stock units, rather than an open-market sale.

What RSU grant underlies Anthony P. Williams’ March 6 Akamai (AKAM) transactions?

The transactions relate to a 19,348-unit RSU grant awarded on March 6, 2023. According to the disclosure, these restricted stock units vest over three years in equal installments on the first, second, and third anniversaries of the original grant date.

What is Anthony P. Williams’ role at Akamai (AKAM) in this Form 4 filing?

In this Form 4, Anthony P. Williams is identified as an officer of Akamai, serving as Executive Vice President and Chief Human Resources Officer. The reported transactions reflect changes in his directly held equity from previously granted restricted stock units.

How did these Akamai (AKAM) transactions affect Williams’ directly owned share balance?

After the derivative exercise converting RSUs to stock, Williams held 40,183 common shares directly. Following the tax-withholding disposition of 3,119 shares, his directly owned Akamai common stock position listed in the filing was 37,064 shares.
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