Akamai CFO exercises RSUs, withholds shares for tax

Akamai Technologies Chief Financial Officer Edward J. McGowan exercised restricted stock units and handled related taxes in shares.

Accepted by SEC EDGAR 03/06/2026 - 06:30 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Akamai Technologies Chief Financial Officer Edward J. McGowan exercised restricted stock units and handled related taxes in shares. On March 6, 2026, 9,008 RSUs converted into 9,008 shares of common stock, and 4,356 shares were withheld at a price of $101 per share to cover tax obligations. He held 52,529 shares of common stock directly after these transactions, plus 124.961 shares held indirectly through a 401(k) plan and 29,800 deferred shares under Akamai’s non-qualified deferred compensation plan as of March 3, 2026.

Insider Trade Summary

9,008 shares exercised/converted

Exercise 3 txns

Insider McGowan Edward J

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	9,008	$0.00	$0.00
Exercise	Common Stock	9,008	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	4,356	$101.00	$440K
Holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 52,529 shares (Direct); Common Stock — 124.961 shares (Indirect, By 401(k) Plan)

Holdings Before and After: Restricted Stock Units, 9,008 to 0 contracts (Direct); Common Stock, 47,877 to 52,529 shares (Direct)

Footnotes (4)

1. F1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
2. F2. Total shares beneficially owned includes 29,800 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.
3. F3. As of March 3, 2026.
4. F4. On March 6, 2023, the Reporting Person was granted 27,021 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.

FAQ

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What insider transactions did Akamai (AKAM) CFO Edward McGowan report?

Edward McGowan reported an RSU vesting and related share movements. 9,008 restricted stock units converted into 9,008 Akamai common shares, and 4,356 shares were withheld at $101 per share to satisfy tax obligations tied to this equity compensation event.

How many Akamai (AKAM) shares does the CFO own after these transactions?

After the March 6, 2026 activity, Edward McGowan directly owned 52,529 Akamai common shares. He also had 124.961 shares held indirectly through a 401(k) plan and 29,800 deferred shares under Akamai’s non-qualified deferred compensation plan, all counted as beneficial ownership.

What restricted stock unit grant is involved in Akamai (AKAM) CFO’s filing?

The transactions relate to a grant of 27,021 restricted stock units awarded on March 6, 2023. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, with each RSU delivering one share of common stock upon vesting.

How were taxes handled for the Akamai (AKAM) CFO’s RSU vesting?

Taxes were satisfied by delivering company shares instead of paying cash. Specifically, 4,356 Akamai common shares were disposed of at $101 per share to cover the tax liability associated with the vesting and conversion of 9,008 restricted stock units into common stock.

What does the Akamai (AKAM) filing say about deferred shares held by the CFO?

The filing states that total shares beneficially owned include 29,800 Akamai shares the CFO elected to defer under the company’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan, as of March 3, 2026, in addition to directly and indirectly held common shares.

How do Akamai (AKAM) restricted stock units work for the CFO’s award?

Each restricted stock unit represents the right to receive one share of Akamai common stock upon vesting. In this case, units from a 27,021-RSU grant dated March 6, 2023 vest in three equal annual installments, converting into common shares as each installment vests.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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)
03/06/2026

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	03/06/2026		M		9,008	A	(1)	56,885(2)	D
Common Stock	03/06/2026		F		4,356	D	$101	52,529(2)	D
Common Stock								124.961(3)	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	(1)	03/06/2026		M			9,008	(4)	(4)	Common Stock	9,008	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.

2. Total shares beneficially owned includes 29,800 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.

3. As of March 3, 2026.

4. On March 6, 2023, the Reporting Person was granted 27,021 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.

Remarks:

	/s/ Thomas M. Lair, as power of attorney	03/06/2026
	** 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.