Akamai (AKAM) COO nets 10,402 shares after PRSU vesting

Rhea-AI Filing Summary

Akamai Technologies COO Adam Karon reported multiple equity award events tied to performance restricted stock units (PRSUs) on February 19, 2026. Certification of 2025 results caused 16,846 PRSUs from a 2023 grant to vest into 16,846 common shares, while 5,156 and 8,065 additional PRSUs were earned from 2024 and 2025 grants. After converting 16,846 PRSUs into common stock and using 6,444 shares at $109.31 per share to cover tax obligations, Karon directly held 18,187 common shares, including 7,111 deferred under a non-qualified deferred compensation plan, plus 155.863 shares held indirectly through a 401(k) plan.

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)
02/19/2026

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	02/19/2026		M		16,846	A	(1)	24,631(2)	D
Common Stock	02/19/2026		F		6,444	D	$109.31	18,187(2)	D
Common Stock								155.863(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
Performance Restricted Stock Units	(1)	02/19/2026		A		6,717		(1)	(1)	Common Stock	6,717	$0	16,846	D
Performance Restricted Stock Units	(1)	02/19/2026		M			16,846	(1)	(1)	Common Stock	16,846	$0	0	D
Performance Restricted Stock Units	(4)	02/19/2026		A		5,156		(4)	(4)	Common Stock	5,156	$0	7,849	D
Performance Restricted Stock Units	(5)	02/19/2026		A		8,065		(5)	(5)	Common Stock	8,065	$0	8,065	D

Explanation of Responses:

1. Represents an award of performance restricted stock units ("PRSUs") originally granted to the Reporting Person on March 6, 2023 contingent upon achievement of specified financial performance targets for each of 2023, 2024 and 2025. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 6,717 shares being earned and the vesting of a total of 16,846 shares of Issuer common stock subject to such PRSUs.

2. Total shares beneficially owned includes 7,111 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 February 19, 2026.

4. Represents an award of PRSUs originally granted to the Reporting Person on March 4, 2024 contingent upon achievement of specified financial performance targets for each of 2024, 2025 and 2026. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 5,156 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2026 are certified.

5. Represents an award of PRSUs originally granted to the Reporting Person on March 3, 2025 contingent upon achievement of specified financial performance targets for each of 2025, 2026 and 2027. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in 8,065 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2027 are certified.

Remarks:

	/s/ Thomas M. Lair, as power of attorney	02/20/2026
	** 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 equity awards did Akamai (AKAM) COO Adam Karon report on this Form 4?

Adam Karon reported activity in performance restricted stock units (PRSUs) and common stock. 16,846 PRSUs from a 2023 grant vested into common shares, and additional PRSUs of 5,156 and 8,065 were earned from 2024 and 2025 grants based on 2025 performance results.

How many Akamai (AKAM) PRSUs vested or were earned for Adam Karon?

A total of 16,846 PRSUs from a 2023 grant vested into common stock. Separately, 5,156 PRSUs from a 2024 grant and 8,065 PRSUs from a 2025 grant were earned when 2025 financial results were certified, subject to future vesting conditions for later performance years.

How many Akamai (AKAM) shares did Adam Karon use to cover taxes?

Karon disposed of 6,444 shares of Akamai common stock at $109.31 per share in a tax-withholding transaction. This disposition was reported with transaction code “F,” which indicates shares delivered to satisfy tax liability rather than an open-market sale to another investor.

What is Adam Karon’s reported Akamai (AKAM) share ownership after these transactions?

Following the reported transactions, Karon directly held 18,187 shares of Akamai common stock, including 7,111 shares deferred under a non-qualified deferred compensation plan. He also reported indirect ownership of 155.863 Akamai shares through a 401(k) plan as of February 19, 2026.

How were Adam Karon’s Akamai (AKAM) PRSUs linked to company performance?

The PRSU awards were contingent on achieving specified financial performance targets for multi-year periods. When Akamai’s 2025 financial results were certified, additional PRSUs from 2023, 2024, and 2025 grants were earned, with full vesting scheduled upon later certifications of results for 2026 and 2027, respectively.