Akamai Technologies (AKAM) COO awarded 35,129 RSUs with tax withholding
Rhea-AI Filing Summary
Akamai Technologies executive Adam Karon reported multiple equity transactions. On March 2, 2026, he received a grant of 35,129 restricted stock units (RSUs), which vest in three equal annual installments on the first, second and third anniversaries of the grant date.
On March 3, 2026, 13,086 RSUs were exercised and converted into the same number of common shares at no cost, and 6,328 common shares were withheld at $97.64 per share to cover tax obligations. After these transactions, he directly held 24,945 common shares and RSU and deferred-share holdings as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,086 | $0.00 | -- |
| Exercise | Common Stock | 13,086 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,328 | $97.64 | $618K |
| Grant/Award | Restricted Stock Units | 35,129 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. 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. As of March 3, 2026. On March 2, 2026, the Reporting Person was granted 35,129 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. On March 3, 2025, the Reporting Person was granted 39,259 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
FAQ
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