Akamai director granted 1,892 deferred stock units
Brown Marianne Catherine reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brown Marianne Catherine reported acquisition or exercise transactions in this Form 4 filing.
Akamai Technologies director Marianne Catherine Brown received a grant of 1,892 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.
Brown elected to defer distribution of these shares until the earlier of May 13, 2036, a change in control as defined under Code Section 409A, separation from service, or death. Following this award, she holds 1,892 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,892 | $0.00 | $0.00 |
Footnotes (2)
- 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; 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
Key Terms
Deferred Stock Units financial
change in control financial
separation from service financial
Code Section 409A financial
FAQ
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What insider transaction did Akamai (AKAM) report for Marianne Catherine Brown?
How many Akamai deferred stock units were granted to Marianne Catherine Brown?
When do Marianne Catherine Brown’s Akamai deferred stock units vest and pay out?
What does each Akamai deferred stock unit granted to Marianne Catherine Brown represent?
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