Akamai (NASDAQ: AKAM) CFO granted 28,215 RSUs and exercises 10,308
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
- None.
Negative
- None.
Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (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.
FAQ
What equity award did Akamai (AKAM) CFO Edward McGowan receive?
How do Edward McGowan’s new RSUs at Akamai (AKAM) vest over time?
Did Akamai (AKAM) CFO Edward McGowan exercise any RSUs in this Form 4?
Did Edward McGowan defer any of his Akamai (AKAM) RSU awards?