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Akamai (AKAM) CFO converts RSUs, withholds 482 shares to cover tax

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

Rhea-AI Filing Summary

Akamai Technologies Inc. Chief Financial Officer Edward J. McGowan reported equity compensation activity. On March 4, 2026, he exercised or converted 6,636 Restricted Stock Units, with each RSU representing one share of common stock upon vesting, and received 6,636 shares of common stock at a stated price of 0.0000 per share.

On the same date, 482 shares of common stock were disposed of at 102.0800 per share in a tax-withholding disposition to satisfy exercise price or tax obligations, leaving 47,877 shares of common stock directly beneficially owned. Footnotes state that total direct beneficial ownership includes 29,800 shares the reporting person elected to defer under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan, and that certain RSU awards granted on March 4, 2024 are subject to three-year vesting with 85% of those awards deferred upon vesting. The reporting person also has indirect ownership of 124.961 shares held by a 401(k) Plan, noted as of March 3, 2026.

Positive

  • None.

Negative

  • None.
Insider McGowan Edward J
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 6,636 $0.00 --
Exercise Common Stock 6,636 $0.00 --
Tax Withholding Common Stock 482 $102.08 $49K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 6,636 shares (Direct); Common Stock — 48,359 shares (Direct); Common Stock — 124.961 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. Includes 5,640 shares with respect to which the Reporting Person elected to defer receipt until a later date pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan (the "Deferred Compensation Plan"). Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. Total shares beneficially owned includes 29,800 shares of which the Reporting Person has elected to defer receipt pursuant to the Deferred Compensation Plan. Total shares beneficially owned includes 29,800 shares of which the Reporting Person has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan. As of March 3, 2026. On March 4, 2024, the Reporting Person was granted 19,907 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. The Reporting Person has elected to defer the receipt of 85% of such awards 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
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*
McGowan Edward J

(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)
Chief Financial Officer
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 6,636(1) A (2) 48,359(3) D
Common Stock 03/04/2026 F 482 D $102.08 47,877(4) D
Common Stock 124.961(5) 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 (2) 03/04/2026 M 6,636 (6) (6) Common Stock 6,636 $0 6,636 D
Explanation of Responses:
1. Includes 5,640 shares with respect to which the Reporting Person elected to defer receipt until a later date pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan (the "Deferred Compensation Plan").
2. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
3. Total shares beneficially owned includes 29,800 shares of which the Reporting Person has elected to defer receipt pursuant to the Deferred Compensation Plan.
4. Total shares beneficially owned includes 29,800 shares of which the Reporting Person has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.
5. As of March 3, 2026.
6. On March 4, 2024, the Reporting Person was granted 19,907 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. The Reporting Person has elected to defer the receipt of 85% of such awards upon vesting.
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 equity transactions did Akamai (AKAM) CFO Edward J. McGowan report?

Edward J. McGowan reported exercising or converting 6,636 Restricted Stock Units into 6,636 shares of Akamai common stock on March 4, 2026. He also reported a tax-withholding disposition of 482 common shares at $102.0800 per share related to this equity compensation activity.

How many Akamai (AKAM) shares does the CFO hold after these Form 4 transactions?

After the reported transactions, Edward J. McGowan directly beneficially owns 47,877 shares of Akamai common stock. Footnotes explain that this direct total includes 29,800 deferred shares under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan elected by the reporting person.

What was the purpose of the 482 Akamai (AKAM) shares disposed of by the CFO?

The 482 Akamai common shares were disposed of as a tax-withholding disposition at $102.0800 per share. The transaction code F indicates the shares were delivered to satisfy exercise price or tax liabilities related to the equity award, rather than an open-market sale.

How are the Akamai (AKAM) Restricted Stock Units structured for the CFO?

On March 4, 2024, Edward J. McGowan was granted 19,907 Restricted Stock Units that vest over three years in equal installments on each anniversary of the grant date. He elected to defer receipt of 85% of these RSU awards upon vesting under Akamai’s deferred compensation framework.

What deferred share elections has the Akamai (AKAM) CFO made under the Deferred Compensation Plan?

Footnotes state that total shares beneficially owned include 29,800 shares the reporting person elected to defer under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan. Another footnote notes 5,640 shares for which he elected to defer receipt until a later date under the same plan.

Does the Akamai (AKAM) CFO have any indirect share ownership reported on Form 4?

Yes. The filing reports indirect ownership of 124.961 Akamai common shares held by a 401(k) Plan, classified as indirect beneficial ownership. A footnote states this 401(k) balance is as of March 3, 2026, providing a time anchor for that retirement-plan holding.
Akamai Technologies Inc

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