Akamai (NASDAQ: AKAM) director receives 1,892 deferred stock units award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ranganathan Madhu

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	1,892	$0.00	--

Holdings After Transaction: Deferred Stock Units — 1,892 shares (Direct, null)

Footnotes (1)

Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting. 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

Deferred stock units granted: 1,892 units Underlying common shares: 1,892 shares Vesting schedule: 1 year after grant +2 more

5 metrics

Deferred stock units granted 1,892 units Grant to director on May 13, 2026

Underlying common shares 1,892 shares Each unit equals one Akamai common share

Vesting schedule 1 year after grant Deferred stock units vest one year following May 13, 2026

Latest deferral date May 13, 2028 Distribution deferred until this date or earlier specified events

Holdings after grant 1,892 units Total deferred stock units held directly after transaction

Key Terms

Deferred Stock Units, Code Section 409A, change in control, separation from service

4 terms

Deferred Stock Units financial

"Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Code Section 409A regulatory

"a change in control (as defined under Code Section 409A)"

change in control financial

"the earlier to occur of (i) May 13, 2028, (ii) a change in control"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

separation from service financial

"the earlier to occur of ... (iii) separation from service, or (iv) death."

Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 06:30 PM

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^*

Ranganathan Madhu

(Last)

(First)

(Middle)

C/O AKAMAI TECHNOLOGIES, INC.

145 BROADWAY

(Street)

CAMBRIDGE

MASSACHUSETTS

02142

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Stock Units	⁽¹⁾	05/13/2026		A		1,892		⁽²⁾	⁽²⁾	Common Stock	1,892	$0	1,892	D

Explanation of Responses:

1. Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting.

2. 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.

Remarks:

	/s/ Kristin Eberhart, by power of attorney	05/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did AKAM director Madhu Ranganathan report?

Madhu Ranganathan reported receiving 1,892 deferred stock units as director compensation. Each unit entitles him to one share of Akamai common stock upon vesting, which occurs one year after the May 13, 2026 grant date, with payment further deferred under his election.

How many Akamai (AKAM) deferred stock units were granted to the director?

The director received a grant of 1,892 deferred stock units. These units are tied one-for-one to Akamai common shares upon vesting. After this grant, his reported holdings in this derivative security total 1,892 deferred stock units held directly.

When do Madhu Ranganathan’s Akamai deferred stock units vest and pay out?

The deferred stock units vest one year after the May 13, 2026 grant date. Distribution is deferred until the earlier of May 13, 2028, a qualifying change in control under Code Section 409A, separation from service, or the director’s death.

What does each deferred stock unit represent for Akamai (AKAM)?

Each deferred stock unit represents the right to receive one share of Akamai common stock. Once the units vest and a distribution event occurs, the director will receive an equal number of Akamai common shares based on his 1,892 granted units.

Is the Akamai (AKAM) director’s Form 4 transaction a market purchase or sale?

The Form 4 shows a grant or award acquisition, not a market trade. The director did not buy or sell shares in the open market; instead, he received 1,892 deferred stock units as compensation, with no cash price per unit reported.