Akamai (NASDAQ: AKAM) EVP converts 5,658 RSUs, delivers shares for tax

Rhea-AI Filing Summary

Akamai Technologies EVP - Global Sales Joseph Paul C reported equity compensation activity. On March 4, 2026, he exercised or converted 5,658 restricted stock units, resulting in 5,658 shares of Akamai common stock acquired at a stated price of $0.0000 per share. To cover tax obligations, 2,736 shares of common stock were disposed of at $102.0800 per share as a tax-withholding transaction. After these transactions, he held 36,087 shares of common stock directly and 165.1960 shares indirectly through a 401(k) plan. A prior grant of 16,973 RSUs dated March 4, 2024 vests in three equal annual installments on the first, second and third anniversaries of the grant date, with each RSU representing one share of common stock upon vesting.

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

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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 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 - Global Sales

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		5,658	A	(1)	38,823	D
Common Stock	03/04/2026		F		2,736	D	$102.08	36,087	D
Common Stock								165.196(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/04/2026		M			5,658	(3)	(3)	Common Stock	5,658	$0	5,658	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.

2. As of March 3, 2026.

3. On March 4, 2024, the Reporting Person was granted 16,973 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 Akamai (AKAM) EVP Joseph Paul C report on March 4, 2026?

He exercised or converted 5,658 restricted stock units into 5,658 Akamai common shares and disposed of 2,736 shares at $102.0800 per share for tax withholding, reflecting routine equity compensation activity and related tax settlement.

How many Akamai (AKAM) shares does EVP Joseph Paul C hold after this Form 4?

Following the reported transactions, he directly holds 36,087 shares of Akamai common stock and indirectly holds 165.1960 shares through a 401(k) plan, according to the ownership figures disclosed in the Form 4 filing.

What is the size and vesting schedule of Joseph Paul C’s Akamai (AKAM) RSU grant?

On March 4, 2024, he was granted 16,973 restricted stock units. These RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date, with each RSU representing one share upon vesting.

At what price were Akamai (AKAM) shares used for Joseph Paul C’s tax withholding?

The Form 4 shows 2,736 shares of Akamai common stock disposed of at $102.0800 per share. This transaction is characterized as payment of exercise price or tax liability by delivering securities rather than as an open-market sale.

Does the Akamai (AKAM) Form 4 show a net increase in Joseph Paul C’s direct holdings?

Yes. He acquired 5,658 shares through RSU exercise or conversion and disposed of 2,736 shares for tax withholding, leaving him with 36,087 directly held shares after the transactions, as specified in the reported ownership figures.

What does each Akamai (AKAM) restricted stock unit represent for Joseph Paul C?

Each restricted stock unit represents the right to receive one share of Akamai common stock upon vesting. This 1-to-1 relationship between RSUs and common shares is explicitly stated in the filing’s footnotes for the reported equity awards.