Akamai (NASDAQ: AKAM) SVP converts RSUs and withholds 588 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies senior vice president and chief accounting officer Laura Howell reported equity award activity involving company stock. On March 6, 2026, she exercised 2,002 restricted stock units, receiving 2,002 shares of Akamai common stock at a price of $0.00 per share through derivative exercise or conversion.
To satisfy tax obligations associated with this vesting, 588 shares of common stock were disposed of at $101.00 per share in a tax-withholding transaction, not an open-market sale. After these transactions, she directly owned 15,913 shares of Akamai common stock and indirectly held 153.223 shares through a 401(k) plan as of early March 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,002 shares exercised/converted
Mixed
4 txns
Insider
Howell Laura
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,002 | $0.00 | -- |
| Exercise | Common Stock | 2,002 | $0.00 | -- |
| Tax Withholding | Common Stock | 588 | $101.00 | $59K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 16,501 shares (Direct);
Common Stock — 153.223 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. As of March 3, 2026. On March 6, 2023, the Reporting Person was granted 6,004 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
FAQ
What insider transactions did AKAM executive Laura Howell report on this Form 4?
Laura Howell reported exercising 2,002 restricted stock units into Akamai common stock and a related tax-withholding disposition of 588 shares. These transactions reflect scheduled equity award activity rather than open-market buying or selling of AKAM shares by the executive.
What do the restricted stock unit (RSU) footnotes for AKAM explain?
The footnotes state each RSU equals one Akamai common share upon vesting and reference a 6,004-RSU grant from March 6, 2023. Those RSUs vest in three equal annual installments on the first, second, and third anniversaries of the grant date, creating scheduled ownership changes.