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Akamai (NASDAQ: AKAM) CMO converts RSUs, withholds stock for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AKAMAI TECHNOLOGIES INC executive Kim Salem-Jackson, EVP and Chief Marketing Officer, reported equity transactions related to restricted stock units. On March 4, 2026, 4,021 restricted stock units were exercised and converted into 4,021 shares of common stock at a stated price of $0.0000 per share.

In connection with this vesting event, 1,945 shares of common stock were disposed of at $102.0800 per share as a tax-withholding disposition. After these transactions, Salem-Jackson held 58,385 shares of common stock directly and 159.632 shares indirectly through a 401(k) plan. A prior grant on March 4, 2024 covered 12,062 restricted stock units vesting in three equal annual installments.

Positive

  • None.

Negative

  • None.
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*
Salem-Jackson Kim

(Last) (First) (Middle)
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)
EVP, Chief Marketing Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 M 4,021 A (1) 60,330 D
Common Stock 03/04/2026 F 1,945 D $102.08 58,385 D
Common Stock 159.632(2) 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) 03/04/2026 M 4,021 (3) (3) Common Stock 4,021 $0 4,021 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
2. As of March 3, 2026.
3. On March 4, 2024, the Reporting Person was granted 12,062 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 03/05/2026
** 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.

FAQ

What insider transactions did AKAM EVP Kim Salem-Jackson report on this Form 4?

Kim Salem-Jackson reported conversion of 4,021 restricted stock units into common stock and a tax-withholding disposition of 1,945 shares at $102.0800 per share, all dated March 4, 2026 and held in direct ownership.

How many AKAMAI TECHNOLOGIES INC shares does Kim Salem-Jackson hold after these transactions?

After the reported activity, Kim Salem-Jackson held 58,385 shares of common stock directly and 159.632 shares indirectly through a 401(k) plan, according to the Form 4 ownership tables for AKAMAI TECHNOLOGIES INC.

What was the nature of the 1,945-share disposition reported for AKAM on March 4, 2026?

The 1,945-share disposition in AKAM common stock was coded “F” and described as payment of tax liability by delivering securities, indicating shares were withheld to cover taxes rather than sold in an open-market transaction.

How do the restricted stock units for AKAM vest for Kim Salem-Jackson?

On March 4, 2024, Kim Salem-Jackson was granted 12,062 restricted stock units (RSUs), which vest over three years in equal installments on the first, second, and third anniversaries of the grant date, with each RSU representing one share upon vesting.

What does the M transaction code mean in this AKAM Form 4 filing?

The “M” transaction code in the AKAM Form 4 indicates an exercise or conversion of a derivative security. Here, 4,021 restricted stock units were converted into 4,021 shares of common stock as part of a scheduled vesting event for Kim Salem-Jackson.
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14.47B
141.37M
Software - Infrastructure
Services-business Services, Nec
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United States
CAMBRIDGE