Akamai (NASDAQ: AKAM) CEO nets stock from RSU vesting

Rhea-AI Filing Summary

Akamai Technologies CEO F. Thomson Leighton exercised 23,353 restricted stock units, converting them into the same number of common shares at a stated price of $0.00 per share. To cover tax obligations, 11,292 common shares were disposed of at $101.00 per share under a tax-withholding arrangement.

Following these transactions, he directly holds 97,975 Akamai common shares, with additional indirect holdings reported through family trusts and the TBL Foundation, where he serves as trustee and, in some cases, disclaims beneficial ownership beyond his pecuniary interest.

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^*

LEIGHTON F THOMSON

(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)

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

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		23,353	A	(1)	109,267	D
Common Stock	03/06/2026		F		11,292	D	$101	97,975	D
Common Stock								2,529,963	I(2)(3)	See note
Common Stock								108,358	I(4)	See note

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			23,353	(5)	(5)	Common Stock	23,353	$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 F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 of which the Reporting Person serves as a trustee. The Reporting Person disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.

3. Includes 10,481 shares received pursuant to a distribution from the David T. Leighton trust, of which the Reporting Person served as trustee. Such distribution was made in accordance with the exemptions afforded under 16a-9 and 16a-13.

4. Held by the TBL Foundation of which the Reporting Person serves as a trustee.

5. On March 6, 2023, the Reporting Person was granted 70,056 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 did Akamai (AKAM) CEO F. Thomson Leighton report in this Form 4?

Akamai CEO F. Thomson Leighton reported exercising 23,353 restricted stock units into common shares and a related tax-withholding share disposition. The filing also updates his direct and indirect ownership positions, including shares held through family trusts and a charitable foundation where he serves as trustee.

How many Akamai (AKAM) shares did the CEO acquire and dispose of?

He acquired 23,353 Akamai common shares through the exercise of restricted stock units and disposed of 11,292 common shares to satisfy tax obligations. After these transactions on March 6, 2026, he directly holds 97,975 Akamai common shares according to the reported ownership totals.

What does the tax-withholding transaction mean in the Akamai (AKAM) Form 4?

The Form 4 shows a Code F transaction where 11,292 Akamai shares were used to pay taxes tied to the RSU vesting. This disposition reflects shares withheld at a price of $101.00 per share rather than an open-market sale, aligning with standard equity compensation tax practices.

What are the CEO’s direct and indirect Akamai (AKAM) share holdings after the filing?

After the reported transactions, the CEO directly owns 97,975 Akamai common shares. The filing also reports indirect ownership of additional shares through the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust and the TBL Foundation, where he serves as trustee with certain beneficial ownership disclaimers.

When did the reported Akamai (AKAM) insider transactions occur and what security was involved?

All reported transactions occurred on March 6, 2026, involving restricted stock units that convert into Akamai common stock. The CEO exercised 23,353 RSUs, which each represent the right to receive one share of Akamai common stock upon vesting, then had shares withheld for taxes.