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Akamai (AKAM) CFO gets 7,304 bonus shares, withholds 676 for taxes

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

Rhea-AI Filing Summary

Akamai Technologies Chief Financial Officer Edward J. McGowan reported equity compensation and related tax withholding in company stock. He acquired 7,304 shares of Common Stock on February 20, 2026 at $0.0000 per share as payment of his 2025 bonus under Akamai’s Amended and Restated 2013 Stock Incentive Plan.

On the same date, 676 shares of Common Stock at $94.17 per share were disposed of to satisfy tax withholding obligations, a non-open-market transaction coded as a tax-withholding disposition. After these transactions, he directly owned 32,163 shares, which include amounts he has elected to defer under Akamai’s non-qualified deferred compensation plan, and indirectly held 113.339 shares through a 401(k) plan as of February 20, 2026.

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*
McGowan Edward J

(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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
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 02/20/2026 A(1) 7,304(2) A $0 32,839(3) D
Common Stock 02/20/2026 F 676 D $94.17 32,163(3) D
Common Stock 113.339(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
Explanation of Responses:
1. Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2025 bonus award.
2. Includes 6,208 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. Total shares beneficially owned includes 15,398 shares of which Mr. McGowan has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.
4. As of February 20, 2026.
Remarks:
/s/ Thomas M. Lair, as power of attorney 02/23/2026
** 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 did Akamai (AKAM) CFO Edward McGowan report in this Form 4?

Akamai CFO Edward McGowan reported stock-based compensation and related tax withholding. He received 7,304 shares of Common Stock for his 2025 bonus and had 676 shares withheld to cover taxes, all recorded as non-open-market equity transactions on February 20, 2026.

How many Akamai (AKAM) shares did the CFO acquire as bonus compensation?

Edward McGowan acquired 7,304 shares of Akamai Common Stock as his 2025 bonus. These shares were issued at $0.0000 per share under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan, reflecting stock-settled incentive compensation rather than a cash bonus payment.

What is the 676-share disposition by Akamai’s (AKAM) CFO in this filing?

The 676-share disposition reflects tax withholding, not an open-market sale. Shares of Akamai Common Stock were delivered at $94.17 per share to satisfy tax liabilities associated with the equity award, coded as a payment of tax liability by delivering securities.

What are Edward McGowan’s Akamai (AKAM) shareholdings after these transactions?

After the reported transactions, Edward McGowan directly held 32,163 Akamai Common shares and indirectly held 113.339 shares through a 401(k) plan. The direct total includes shares he has elected to defer under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.

How does deferred compensation affect the Akamai (AKAM) CFO’s reported holdings?

The filing states that total beneficially owned shares include amounts McGowan deferred under Akamai’s non-qualified deferred compensation plan. One footnote notes 15,398 deferred shares in his total, illustrating that some reported holdings are scheduled for future receipt rather than immediate delivery.

Is the Akamai (AKAM) CFO’s 676-share disposition a market sale of stock?

No, the 676-share disposition is identified as a tax-withholding transaction. The description specifies it as payment of exercise price or tax liability by delivering securities, indicating shares were used to cover obligations instead of being sold in the open market.
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13.55B
140.71M
Software - Infrastructure
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United States
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