Akamai director converts and receives stock units
AKAMAI TECHNOLOGIES INC director Bas Burger reported routine equity compensation activity.
Rhea-AI Filing Summary
AKAMAI TECHNOLOGIES INC director Bas Burger reported routine equity compensation activity. He exercised 3,028 deferred stock units into 3,028 shares of common stock on May 14, 2026, leaving him with 3,028 common shares directly owned. The same day, 3,028 deferred stock units were removed as they were fully converted.
On May 13, 2026, he was granted 1,706 deferred stock units, each representing the right to receive one share of Akamai common stock upon vesting. Footnotes explain these units vest one year following the grant date and are then delivered in common shares, underscoring that these are compensation-related, non-cash awards rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,028 shares exercised/converted
Exercise
3 txns
Insider
Burger Bas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 3,028 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,028 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 1,706 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 1,706 contracts (Direct);
Common Stock — 3,028 shares (Direct)
Footnotes (3)
- 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.
- F3. On July 12, 2026, the Reporting Person was granted 3,028 deferred stock units, which vested in full and were distributed on May 14, 2026.
Key Figures
Common shares acquired: 3,028 shares
Deferred stock units converted: 3,028 units
New deferred stock unit grant: 1,706 units
+1 more
4 metrics
Common shares acquired
3,028 shares
Common Stock acquired via exercise on May 14, 2026
Deferred stock units converted
3,028 units
Deferred Stock Units exercised into common stock on May 14, 2026
New deferred stock unit grant
1,706 units
Deferred Stock Units granted on May 13, 2026
Shares owned after transaction
3,028 shares
Total common stock directly held following reported transactions
Key Terms
Deferred Stock Units, vest, derivative security, grant
4 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.
vest financial
"Deferred stock units vest one year following the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant financial
"On July 12, 2026, the Reporting Person was granted 3,028 deferred stock units, which vested in full and were distributed on May 14, 2026."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AKAM director Bas Burger report on this Form 4?
Bas Burger reported exercising 3,028 deferred stock units into 3,028 shares of Akamai common stock and receiving a grant of 1,706 new deferred stock units. These are compensation-related equity movements, not open-market purchases or sales of shares.
What deferred stock unit grants did Bas Burger receive from Akamai (AKAM)?
On May 13, 2026, Bas Burger received a grant of 1,706 deferred stock units tied to Akamai common stock. Each unit represents the right to receive one share upon vesting, providing equity-based compensation instead of immediate cash payments for his director service.
How were Bas Burger’s deferred stock units in Akamai (AKAM) converted?
On May 14, 2026, 3,028 deferred stock units held by Bas Burger were exercised and converted into 3,028 shares of Akamai common stock at a stated price of $0.00 per unit. This reflects distribution of previously earned equity awards, not a cash-funded stock purchase.
Do Bas Burger’s Akamai (AKAM) Form 4 transactions involve open-market buying or selling?
The filing shows no open-market buying or selling. Instead, Bas Burger’s activity consists of exercising 3,028 deferred stock units into common stock and receiving a 1,706-unit deferred stock award, both typical equity compensation events for a company director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
