Akamai (NASDAQ: AKAM) CMO nets shares after RSU vesting and tax withholding
Rhea-AI Filing Summary
Akamai Technologies executive Kim Salem-Jackson reported equity compensation activity involving restricted stock units and common shares. On March 6, 2026, she exercised 5,783 restricted stock units, converting them into 5,783 shares of common stock at a stated price of $0.00 per share.
A separate transaction on the same date shows a disposition of 2,797 common shares at $101.00 per share, characterized as a tax-withholding disposition to cover obligations tied to the equity award. Following these transactions, she directly owned 61,371 common shares, with an additional 159.632 shares held indirectly through a 401(k) plan.
Footnotes explain that each RSU represents the right to receive one Akamai common share upon vesting and that a prior grant of 17,347 RSUs made on March 6, 2023 vests in three equal annual installments on its first, second and third anniversaries.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and tax withholding with a small net share increase.
Kim Salem-Jackson, Akamai’s EVP and Chief Marketing Officer, exercised 5,783 RSUs, receiving the same number of common shares at a stated price of $0.00 per share. This follows a 17,347-unit RSU grant made on March 6, 2023 that vests over three years.
To satisfy tax obligations tied to this vesting, 2,797 common shares were disposed of at $101.00 per share in a transaction labeled as a tax-withholding disposition, not an open-market sale. After these entries, she holds 61,371 shares directly and 159.632 shares indirectly via a 401(k) plan.
The pattern is consistent with standard executive equity compensation mechanics rather than discretionary trading. From an investment perspective, this is a routine administrative event and does not, by itself, indicate a change in sentiment or strategy by the executive.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,783 | $0.00 | -- |
| Exercise | Common Stock | 5,783 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,797 | $101.00 | $282K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. As of March 3, 2026. On March 6, 2023, the Reporting Person was granted 17,347 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
FAQ
What insider transactions did AKAM EVP Kim Salem-Jackson report on this Form 4?
Were Kim Salem-Jackson’s Akamai (AKAM) transactions open-market buys or sells?
What are the terms of Kim Salem-Jackson’s 17,347 Akamai RSU grant?
What does the RSU footnote mean in Kim Salem-Jackson’s Akamai Form 4?