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Akamai (NASDAQ: AKAM) CFO granted 28,215 RSUs and exercises 10,308

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

Rhea-AI Filing Summary

Akamai Technologies Chief Financial Officer Edward J. McGowan reported equity award activity and related share movements. On March 2, 2026, he received a grant of 28,215 restricted stock units (RSUs), vesting in three equal annual installments, and elected to defer receipt of 85% of these awards upon vesting. Each RSU represents one share of common stock. On March 3, 2026, he exercised 10,308 RSUs into common stock, and 748 shares of common stock were withheld at $97.64 per share to cover tax obligations. Following these transactions, he beneficially owned 41,723 shares of common stock as of March 3, 2026, including shares deferred under a non-qualified deferred compensation plan.

Positive

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Negative

  • None.
Insider McGowan Edward J
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 10,308 $0.00 --
Exercise Common Stock 10,308 $0.00 --
Tax Withholding Common Stock 748 $97.64 $73K
Grant/Award Restricted Stock Units 28,215 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 20,617 shares (Direct); Common Stock — 42,471 shares (Direct); Common Stock — 124.961 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. Includes 8,762 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. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. Total shares beneficially owned includes 24,160 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 2, 2026, the Reporting Person was granted 28,215 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. On March 3, 2025, the Reporting Person was granted 30,925 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.
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Form 4 Insider Transactions: What Each Field Means →
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)
03/02/2026
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 03/03/2026 M 10,308(1) A (2) 42,471(3) D
Common Stock 03/03/2026 F 748 D $97.64 41,723(3) D
Common Stock 124.961(4) 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) 03/02/2026 A 28,215 (5) (5) Common Stock 28,215 $0 28,215 D
Restricted Stock Units (2) 03/03/2026 M 10,308 (6) (6) Common Stock 10,308 $0 20,617 D
Explanation of Responses:
1. Includes 8,762 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.
2. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
3. Total shares beneficially owned includes 24,160 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.
4. As of March 3, 2026.
5. On March 2, 2026, the Reporting Person was granted 28,215 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.
6. On March 3, 2025, the Reporting Person was granted 30,925 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 03/04/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What equity award did Akamai (AKAM) CFO Edward McGowan receive?

Edward McGowan received a grant of 28,215 restricted stock units (RSUs) on March 2, 2026. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, providing multi-year equity-based compensation.

How do Edward McGowan’s new RSUs at Akamai (AKAM) vest over time?

The 28,215 RSUs granted to Edward McGowan vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of the March 2, 2026 grant date, aligning his compensation with longer-term company performance and retention objectives.

Did Akamai (AKAM) CFO Edward McGowan exercise any RSUs in this Form 4?

Yes. On March 3, 2026, Edward McGowan exercised 10,308 RSUs, converting them into an equal number of Akamai common shares. This transaction reflects the settlement of previously granted RSUs as they became eligible for delivery into common stock.

Were any Akamai (AKAM) shares used to cover taxes for Edward McGowan?

Yes. In connection with the RSU activity, 748 shares of common stock were disposed of at $97.64 per share. These shares were withheld to satisfy tax liabilities associated with the equity award transactions, rather than representing an open-market sale.

How many Akamai (AKAM) shares does Edward McGowan beneficially own after these transactions?

After the reported transactions, Edward McGowan beneficially owned 41,723 shares of Akamai common stock as of March 3, 2026. This total includes shares for which he has elected to defer receipt under a non-qualified deferred compensation plan.

Did Edward McGowan defer any of his Akamai (AKAM) RSU awards?

Yes. For the 28,215 RSUs granted on March 2, 2026, he elected to defer receipt of 85% of the awards upon vesting. The filing also notes previously deferred Akamai shares held through the company’s non-qualified deferred compensation plan.