Akamai (NASDAQ: AKAM) EVP gains stock from PRSU vesting and tax withholding

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Akamai Technologies EVP – Global Sales Paul C. Joseph reported multiple equity award updates. Performance restricted stock units (PRSUs) from prior grants vested after 2025 financial results were certified, resulting in 10,313 shares of common stock being issued upon exercise of PRSUs. Additional PRSUs of 4,114, 3,487, and 5,148 units were earned for 2023, 2024 and 2025-related performance grants, continuing to vest based on future financial results. To cover tax obligations, 3,288 common shares were surrendered at $109.31 per share, leaving 24,538 common shares held directly and 152.645 common shares held indirectly through a 401(k) plan as of February 19, 2026.

Insider Trade Summary

10,313 shares exercised/converted

Mixed 7 txns

Insider Joseph Paul C

Role EVP - Global Sales

Type	Security	Shares	Price	Value
Grant/Award	Performance Restricted Stock Units	4,114	$0.00	--
Exercise	Performance Restricted Stock Units	10,313	$0.00	--
Grant/Award	Performance Restricted Stock Units	3,487	$0.00	--
Grant/Award	Performance Restricted Stock Units	5,148	$0.00	--
Exercise	Common Stock	10,313	$0.00	--
Tax Withholding	Common Stock	3,288	$109.31	$359K
holding	Common Stock	--	--	--

Holdings After Transaction: Performance Restricted Stock Units — 10,313 shares (Direct); Common Stock — 27,826 shares (Direct); Common Stock — 152.645 shares (Indirect, By 401(k) Plan)

Footnotes (1)

Represents an award of performance restricted stock units ("PRSUs") originally granted to the Reporting Person on March 6, 2023 contingent upon achievement of specified financial performance targets for each of 2023, 2024 and 2025. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 4,114 shares being earned and the vesting of a total of 10,313 shares of Issuer common stock subject to such PRSUs. As of February 19, 2026. Represents an award of PRSUs originally granted to the Reporting Person on March 4, 2024 contingent upon achievement of specified financial performance targets for each of 2024, 2025 and 2026. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,487 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2026 are certified. Represents an award of PRSUs originally granted to the Reporting Person on March 3, 2025 contingent upon achievement of specified financial performance targets for each of 2025, 2026 and 2027. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in 5,148 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2027 are certified.

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Form 4 Insider Transactions: What Each Field Means →

02/20/2026 - 05:50 PM

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^*

Joseph Paul C

(Last)

(First)

(Middle)

C/O AKAMAI TECHNOLOGIES, INC.

145 BROADWAY

(Street)

CAMBRIDGE

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 - Global Sales

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/19/2026		M		10,313	A	⁽¹⁾	27,826	D
Common Stock	02/19/2026		F		3,288	D	$109.31	24,538	D
Common Stock								152.645⁽²⁾	I	By 401(k) Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Restricted Stock Units	⁽¹⁾	02/19/2026		A		4,114		⁽¹⁾	⁽¹⁾	Common Stock	4,114	$0	10,313	D
Performance Restricted Stock Units	⁽¹⁾	02/19/2026		M			10,313	⁽¹⁾	⁽¹⁾	Common Stock	10,313	$0	0	D
Performance Restricted Stock Units	⁽³⁾	02/19/2026		A		3,487		⁽³⁾	⁽³⁾	Common Stock	3,487	$0	5,308	D
Performance Restricted Stock Units	⁽⁴⁾	02/19/2026		A		5,148		⁽⁴⁾	⁽⁴⁾	Common Stock	5,148	$0	5,148	D

Explanation of Responses:

1. Represents an award of performance restricted stock units ("PRSUs") originally granted to the Reporting Person on March 6, 2023 contingent upon achievement of specified financial performance targets for each of 2023, 2024 and 2025. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 4,114 shares being earned and the vesting of a total of 10,313 shares of Issuer common stock subject to such PRSUs.

2. As of February 19, 2026.

3. Represents an award of PRSUs originally granted to the Reporting Person on March 4, 2024 contingent upon achievement of specified financial performance targets for each of 2024, 2025 and 2026. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,487 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2026 are certified.

4. Represents an award of PRSUs originally granted to the Reporting Person on March 3, 2025 contingent upon achievement of specified financial performance targets for each of 2025, 2026 and 2027. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in 5,148 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2027 are certified.

Remarks:

	/s/ Thomas M. Lair, as power of attorney	02/20/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Akamai (AKAM) report for EVP Paul C. Joseph?

EVP Paul C. Joseph reported PRSU vesting and related share movements. PRSUs converted into 10,313 common shares, additional PRSUs were earned, and some common shares were surrendered to satisfy tax obligations from the vesting event.

How many Akamai (AKAM) performance restricted stock units vested or were earned?

A total of 10,313 PRSUs from a 2023 grant vested into common shares. Additional PRSUs of 4,114, 3,487, and 5,148 units were earned from 2023, 2024, and 2025–2027 performance grants when 2025 financial results were certified.

Did the Akamai (AKAM) executive sell common stock in the open market?

The filing shows a tax-withholding disposition, not an open-market sale. 3,288 common shares were surrendered at $109.31 per share to pay exercise price or tax liabilities triggered by equity award vesting.

How many Akamai (AKAM) shares does the EVP hold after these transactions?

After the reported transactions, the EVP holds 24,538 Akamai common shares directly. In addition, 152.645 Akamai common shares are held indirectly through a 401(k) plan as of February 19, 2026.

What triggered the PRSU vesting for Akamai (AKAM) in this Form 4?

Vesting was triggered when Akamai’s 2025 financial results were certified. This certification caused PRSUs from multiple grants to be earned or vest, including 10,313 units converting into common shares and additional units credited for future vesting.

What future vesting conditions apply to Akamai (AKAM) PRSUs in this filing?

PRSUs granted in 2024 and 2025 remain tied to multi-year performance targets. They will fully vest on the dates when Akamai’s financial results for 2026 and 2027, respectively, are certified, provided the specified annual performance goals are achieved.