Akamai director granted 1,892 deferred stock units
Ranganathan Madhu reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ranganathan Madhu reported acquisition or exercise transactions in this Form 4 filing.
Akamai Technologies director Madhu Ranganathan received a grant of 1,892 deferred stock units. Each unit represents the right to receive one share of Akamai common stock when it vests. The units vest one year after the May 13, 2026 grant date, and Ranganathan elected to defer distribution until the earlier of May 13, 2028, a qualifying change in control under Code Section 409A, separation from service, or death. Following this compensation grant, he 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, 2028, (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
Code Section 409A regulatory
change in control financial
separation from service financial
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