Director Sharon Bowen gets 1,892 Akamai (AKAM) deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Bowen Sharon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,892 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 1,892 shares (Direct, null)
Footnotes (1)
- Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting. 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
Deferred stock units granted: 1,892 units
Price per deferred stock unit: $0.00 per unit
Deferred stock units held after grant: 1,892 units
+2 more
5 metrics
Deferred stock units granted
1,892 units
Grant on May 13, 2026 to director Sharon Bowen
Price per deferred stock unit
$0.00 per unit
Compensation award, not open-market purchase
Deferred stock units held after grant
1,892 units
Total direct holdings in deferred stock units after transaction
Underlying common shares
1,892 shares
Each deferred stock unit equals one share of common stock
Earliest elected distribution date
May 13, 2028
One of several triggers for deferred unit distribution
Key Terms
Deferred Stock Units, change in control, Code Section 409A, separation from service
4 terms
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
change in control regulatory
"earlier to occur of May 13, 2028, a change in control, separation"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Code Section 409A regulatory
"change in control (as defined under Code Section 409A), separation"
separation from service financial
"earlier to occur of May 13, 2028, change in control, separation"
FAQ
What did Akamai (AKAM) director Sharon Bowen report in this Form 4?
Sharon Bowen reported receiving 1,892 deferred stock units as a compensation-related grant. Each unit corresponds to one share of Akamai common stock, vesting in one year, with distribution deferred under an elected schedule tied to future events.
How many Akamai (AKAM) deferred stock units did Sharon Bowen receive?
She received 1,892 deferred stock units, all recorded as directly owned after the transaction. These units are derivative awards, not shares purchased in the market, and convert into an equal number of common shares when distributed under the plan’s terms.
When do Sharon Bowen’s Akamai (AKAM) deferred stock units vest and pay out?
The deferred stock units vest one year after the grant date. Distribution is deferred until the earlier of May 13, 2028, a qualifying change in control, separation from service, or death, reflecting an election made under the company’s deferral program.
Does this Akamai (AKAM) Form 4 show a stock purchase or sale by Sharon Bowen?
No, the filing shows a grant of deferred stock units as compensation, not an open-market purchase or sale. The transaction is coded as an acquisition award, with a price per unit of $0.00 and future settlement in common stock.
How many Akamai (AKAM) deferred stock units does Sharon Bowen hold after this grant?
After the reported grant, she holds 1,892 deferred stock units directly. Each unit gives her the right to receive one share of Akamai common stock upon distribution, following vesting and the deferral conditions described in the footnotes.