Akamai (AKAM) director awarded 1,706 deferred stock units with long deferral

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Killalea Peter Thomas reported acquisition or exercise transactions in this Form 4 filing.

Akamai Technologies director Peter Thomas Killalea received a grant of 1,706 deferred stock units. Each unit represents the right to receive one share of Akamai common stock upon vesting. The deferred stock units vest one year after the grant date.

The reporting person elected to delay actual share distribution until the earlier of May 13, 2036, a qualifying change in control, separation from service, or death. Following this grant, the director holds 1,706 deferred stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Killalea Peter Thomas

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	1,706	$0.00	--

Holdings After Transaction: Deferred Stock Units — 1,706 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, 2036, (ii) a change in control (as defined under Code Section 409A), (iii) separation from service, or (iv) death.

Key Figures

Deferred stock units granted: 1,706 units Transaction price per unit: $0.00 Underlying common shares: 1,706 shares +2 more

5 metrics

Deferred stock units granted 1,706 units Grant to director on May 13, 2026

Transaction price per unit $0.00 Grant of deferred stock units

Underlying common shares 1,706 shares Each unit equals one share of common stock

Post-transaction deferred units held 1,706 units Total deferred stock units after grant

Deferred distribution latest date May 13, 2036 Latest scheduled distribution date elected by director

Key Terms

Deferred Stock Units, change in control, Code Section 409A

3 terms

Deferred Stock Units financial

"Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting."

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 financial

"the earlier to occur of (i) May 13, 2036, (ii) a change in control (as defined under Code Section 409A)"

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 financial

"a change in control (as defined under Code Section 409A), (iii) separation from service, or (iv) death."

Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 06:29 PM

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^*

Killalea Peter Thomas

(Last)

(First)

(Middle)

C/O AKAMAI TECHNOLOGIES, INC.

145 BROADWAY

(Street)

CAMBRIDGE

MASSACHUSETTS

02142

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Stock Units	⁽¹⁾	05/13/2026		A		1,706		⁽²⁾	⁽²⁾	Common Stock	1,706	$0	1,706	D

Explanation of Responses:

1. Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting.

2. 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, 2036, (ii) a change in control (as defined under Code Section 409A), (iii) separation from service, or (iv) death.

Remarks:

	/s/ Kristin Eberhart, by power of attorney	05/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Akamai (AKAM) director Peter Thomas Killalea report?

Peter Thomas Killalea reported receiving 1,706 deferred stock units in Akamai Technologies. These units are a form of equity compensation that convert into shares of common stock upon vesting and later distribution under specified conditions.

How many Akamai (AKAM) deferred stock units were granted in this Form 4?

The Form 4 shows a grant of 1,706 deferred stock units to the director. Each unit represents the right to receive one share of Akamai common stock once vesting and the chosen distribution conditions are met.

What are deferred stock units in the Akamai (AKAM) Form 4 filing?

Deferred stock units are rights to receive Akamai common shares in the future. In this filing, each unit equals one share, delivered after vesting and deferred distribution events such as a set future date or separation from service.

When do the Akamai (AKAM) deferred stock units granted to the director vest?

The deferred stock units vest one year after the grant date. Vesting means the director earns the right to receive the underlying Akamai common shares, subject to the separate timing rules for when those shares are actually distributed.

When will the Akamai (AKAM) shares from these deferred stock units be distributed?

Distribution will occur at the earlier of May 13, 2036, a qualifying change in control, separation from service, or death. The director elected this deferred distribution schedule, which is described in the Form 4 footnotes.

Was the Akamai (AKAM) Form 4 transaction an open-market stock purchase or sale?

No, the filing describes a grant or award acquisition of deferred stock units, not an open-market trade. The units were awarded at a stated price of $0.00 per unit as equity compensation to the director.