Akamai (NASDAQ: AKAM) COO exercises RSUs and disposes shares for tax

Rhea-AI Filing Summary

Akamai Technologies executive Adam Karon, COO & GM Edge Technology Group, exercised 10,898 restricted stock units, receiving the same number of shares of common stock on March 6, 2026. The RSUs each convert into one share of Akamai common stock upon vesting.

To cover tax withholding, 5,270 common shares were disposed of at $101 per share, leaving Karon with 38,332 directly held common shares after these transactions. He also holds 169.621 shares indirectly through a 401(k) plan.

The filing notes that total shares beneficially owned include 14,222 shares deferred under Akamai’s Non-Qualified Deferred Compensation Plan. The RSUs exercised are part of a 32,692-unit grant awarded on March 6, 2023, vesting in equal annual installments over three years.

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

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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^*

Karon Adam

(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)
	COO & GM Edge Technology Group

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		10,898	A	(1)	43,602(2)	D
Common Stock	03/06/2026		F		5,270	D	$101	38,332(2)	D
Common Stock								169.621(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			10,898	(4)	(4)	Common Stock	10,898	$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 14,222 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 32,692 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.
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FAQ

What insider transactions did Akamai (AKAM) COO Adam Karon report?

Adam Karon reported exercising 10,898 restricted stock units into 10,898 Akamai common shares. To satisfy tax obligations, 5,270 common shares were disposed of at $101 per share, leaving 38,332 directly held shares plus 169.621 shares held indirectly via a 401(k) plan.

How many Akamai (AKAM) shares does Adam Karon hold after this Form 4?

After the reported transactions, Adam Karon directly holds 38,332 shares of Akamai common stock. He also has 169.621 shares held indirectly through a 401(k) plan, and the filing states that total beneficial ownership includes 14,222 deferred shares under a non-qualified deferred compensation plan.

What restricted stock unit grant is referenced in Adam Karon’s Akamai (AKAM) Form 4?

The Form 4 notes a grant of 32,692 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, and each vested unit converts into one share of Akamai common stock.

Why were 5,270 Akamai (AKAM) shares disposed of in Adam Karon’s filing?

The 5,270 Akamai common shares were disposed of at $101 per share to pay the tax liability associated with the RSU vesting and exercise. The Form 4 classifies this as a tax-withholding disposition, not an open-market sale, using transaction code F for tax-related share delivery.

What does the Form 4 say about deferred Akamai (AKAM) shares for Adam Karon?

The filing states that total shares beneficially owned include 14,222 shares that Adam Karon has elected to defer. These shares are deferred under Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan, reflecting compensation he chose to receive at a later time.