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Akamai (NASDAQ: AKAM) EVP logs PRSU vesting and tax share disposition

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

Rhea-AI Filing Summary

Akamai Technologies executive Aaron Ahola reported equity compensation activity involving performance restricted stock units (PRSUs) and common stock. On February 19, 2026, certification of 2025 financial results caused 8,731 shares tied to previously granted PRSUs to vest and convert into common stock.

Additional PRSUs were earned from awards originally granted in 2023, 2024, and 2025, including 3,482, 3,102, and 4,875 units, each representing the right to receive one share upon future vesting, subject to performance through 2026 or 2027 as applicable. Common shares from the PRSU conversion are held indirectly by the Aaron Ahola Revocable Trust, and 2,497 shares were disposed of to cover tax obligations at a price of $109.31 per share.

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*
Ahola Aaron

(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 & General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 M 8,731 A (1) 29,942(2) I See footnote(3)
Common Stock 02/19/2026 F 2,497 D $109.31 27,445(2) I See footnote(3)
Common Stock 145.992(4) 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
Performance Restricted Stock Units (1) 02/19/2026 A 3,482 (1) (1) Common Stock 3,482 $0 8,731 D
Performance Restricted Stock Units (1) 02/19/2026 M 8,731 (1) (1) Common Stock 8,731 $0 0 D
Performance Restricted Stock Units (5) 02/19/2026 A 3,102 (5) (5) Common Stock 3,102 $0 4,722 D
Performance Restricted Stock Units (6) 02/19/2026 A 4,875 (6) (6) Common Stock 4,875 $0 4,875 D
Explanation of Responses:
1. Represents an award of performance restricted stock units ("PRSUs") originally granted to the Reporting Person on March 6, 2023 contingent upon achievement of specified financial performance targets for each of 2023, 2024 and 2025. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,482 shares being earned and the vesting of a total of 8,731 shares of Issuer common stock subject to such PRSUs.
2. Total shares beneficially owned includes 2,930 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.
3. Held by the Aaron Ahola Revocable Trust for which the Reporting Person serves as trustee.
4. As of February 19, 2026.
5. Represents an award of PRSUs originally granted to the Reporting Person on March 4, 2024 contingent upon achievement of specified financial performance targets for each of 2024, 2025 and 2026. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,102 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2026 are certified.
6. Represents an award of PRSUs originally granted to the Reporting Person on March 3, 2025 contingent upon achievement of specified financial performance targets for each of 2025, 2026 and 2027. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in 4,875 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2027 are certified.
Remarks:
/s/ Thomas M. Lair, as power of attorney 02/20/2026
** 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 Aaron Ahola report on February 19, 2026?

Aaron Ahola reported PRSU vesting and related common stock transactions on February 19, 2026. A total of 8,731 PRSUs vested and converted into common stock, with 2,497 shares disposed to satisfy tax obligations, and additional PRSUs were earned under multi-year performance awards.

How many Akamai (AKAM) performance restricted stock units vested or were earned for Aaron Ahola?

8,731 PRSUs vested and converted into common stock for Aaron Ahola. In addition, 3,482, 3,102, and 4,875 PRSUs were earned from 2023, 2024, and 2025 grants, contingent on financial performance targets across multiple years before full vesting.

Were any Akamai (AKAM) shares sold by Aaron Ahola in this Form 4 filing?

2,497 Akamai common shares were disposed of to cover tax liabilities at $109.31 per share. This tax-withholding disposition is not an open-market sale and occurred in connection with the vesting and conversion of previously granted performance restricted stock units.

How are Aaron Ahola’s Akamai (AKAM) shares held after these transactions?

Common shares from the PRSU conversion are held indirectly by the Aaron Ahola Revocable Trust, where he serves as trustee. Total indirect holdings following the reported transactions were 27,445 shares, with additional shares beneficially owned through deferral and a 401(k) plan.

What do the new Akamai (AKAM) PRSU awards for Aaron Ahola depend on?

The PRSU awards depend on Akamai achieving specified financial performance targets for defined multi-year periods. Portions tied to 2024, 2025, 2026, and 2027 can be earned and ultimately vest when the company’s financial results for the final performance year are certified by Akamai.
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United States
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