Akamai director granted 1,892 deferred stock units
Bowen Sharon reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bowen Sharon reported acquisition or exercise transactions in this Form 4 filing.
Akamai Technologies director Sharon Bowen received a grant of 1,892 deferred stock units. Each unit represents the right to receive one share of Akamai common stock. The units vest one year after the grant date, and Bowen elected to defer distribution until the earlier of May 13, 2028, a qualifying change in control, separation from service, or death. Following this grant, she holds 1,892 deferred stock units directly as a routine, compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,892 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting.
- F2. Deferred stock units vest one year following the grant date; however, the Reporting Person elected to defer distribution until the earlier to occur of (i) May 13, 2028, (ii) a change in control (as defined under Code Section 409A), (iii) separation from service, or (iv) death.
Key Figures
Key Terms
Deferred Stock Units financial
change in control regulatory
Code Section 409A regulatory
separation from service financial
FAQ
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What did Akamai (AKAM) director Sharon Bowen report in this Form 4?
How many Akamai (AKAM) deferred stock units did Sharon Bowen receive?
When do Sharon Bowen’s Akamai (AKAM) deferred stock units vest and pay out?
Does this Akamai (AKAM) Form 4 show a stock purchase or sale by Sharon Bowen?
How many Akamai (AKAM) deferred stock units does Sharon Bowen hold after this grant?
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