Akamai EVP converts RSUs, withholds tax shares
Akamai Technologies EVP - Global Sales Joseph Paul C reported equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,658 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,658 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,736 | $102.08 | $279K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2. As of March 3, 2026.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Akamai (AKAM) EVP Joseph Paul C report on March 4, 2026?
What is the size and vesting schedule of Joseph Paul C’s Akamai (AKAM) RSU grant?
Does the Akamai (AKAM) Form 4 show a net increase in Joseph Paul C’s direct holdings?
What does each Akamai (AKAM) restricted stock unit represent for Joseph Paul C?
AI-generated analysis. How Rhea-AI works. Not financial advice.