Akamai (NASDAQ: AKAM) EVP converts RSUs, withholds shares for taxes

Rhea-AI Filing Summary

Akamai Technologies executive Mani Sundaram reported RSU vesting and related share movements. On March 6, 2026, 6,673 restricted stock units were converted into an equal number of Akamai common shares, consistent with a 20,016-RSU grant from March 6, 2023 that vests in three annual installments.

The 6,673 common shares are held indirectly by The MMMM Family Living Trust, where he serves as trustee, and 3,227 of these shares were disposed of at $101 per share to cover tax obligations through a tax-withholding disposition, not an open-market sale. After these transactions, the trust holds 23,369 common shares, and a separate 401(k) plan account holds 163.509 Akamai shares as of March 3, 2026.

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^*

Sundaram Mani

(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)
	EVP and GM Security

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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	03/06/2026		M		6,673	A	(1)	26,596	I	See footnote(2)
Common Stock	03/06/2026		F		3,227	D	$101	23,369	I	See footnote(2)
Common Stock								163.509(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
Restricted Stock Units	(1)	03/06/2026		M			6,673	(4)	(4)	Common Stock	6,673	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.

2. Held by The MMMM Family Living Trust, of which the Reporting Person is a trustee.

3. As of March 3, 2026.

4. On March 6, 2023, the Reporting Person was granted 20,016 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	03/06/2026
	** 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).
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FAQ

What insider transactions did Akamai (AKAM) executive Mani Sundaram report?

Mani Sundaram reported the vesting and conversion of 6,673 restricted stock units into Akamai common shares, followed by a tax-withholding disposition of 3,227 shares at $101 per share. These movements reflect equity compensation mechanics rather than an open-market stock sale.

How many Akamai (AKAM) shares does the trust associated with Mani Sundaram hold after the Form 4?

Following the reported transactions, The MMMM Family Living Trust holds 23,369 Akamai common shares. The trust is referenced as the indirect owner, with Sundaram serving as a trustee, indicating the shares are held through this family trust instead of directly in his own name.

What was the origin and vesting schedule of Mani Sundaram’s Akamai (AKAM) RSUs?

On March 6, 2023, Mani Sundaram received a grant of 20,016 restricted stock units. These RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date, with the March 6, 2026 transaction reflecting one of these scheduled vesting events.

Was Mani Sundaram’s Akamai (AKAM) share disposition an open-market sale?

The disposition of 3,227 Akamai shares was classified as a tax-withholding transaction at $101 per share, not an open-market sale. Shares were delivered to satisfy tax obligations arising from RSU vesting, a common equity compensation practice for executives receiving stock-based awards.

How many Akamai (AKAM) shares does Mani Sundaram hold through the 401(k) plan?

A separate line shows 163.509 Akamai common shares held indirectly through a 401(k) plan as of March 3, 2026. This reflects retirement-plan holdings rather than direct brokerage ownership, complementing the larger position held through The MMMM Family Living Trust structure.

What role does The MMMM Family Living Trust play in Akamai (AKAM) share ownership?

The MMMM Family Living Trust is identified as holding Akamai common shares indirectly for Mani Sundaram, who is a trustee. Form 4 data attribute vested shares and subsequent tax-withholding transactions to this trust entity, clarifying that ownership is structured through the family trust vehicle.