Ahola Aaron 4

What Happened

• Aaron Ahola, EVP & General Counsel of Akamai Technologies (AKAM), had performance restricted stock units (PRSUs) credited/converted on Feb 19, 2026. A total of 8,731 shares vested/converted (reflecting certification of 2025 results). To cover tax withholding, 2,497 shares were disposed at $109.31 per share for proceeds of $272,947. In addition, Ahola had 3,102 and 4,875 PRSU-share amounts earned (from separate grants) as a result of the same 2025 certification; those amounts remain as performance-contingent PRSUs that will fully vest only if future performance targets are met.

Key Details

• Transaction date: Feb 19, 2026; Form filed Feb 20, 2026 (timely).
• Tax withholding sale: 2,497 shares sold/withheld at $109.31 each = $272,947 (code F).
• Conversion/exercise: 8,731 PRSU shares converted/vested (codes M/A as reported); portions of earned PRSUs reported as acquisitions: 3,482 (from 2023 grant), 3,102 (from 2024 grant), 4,875 (from 2025 grant).
• Shares beneficially owned disclosure: filing notes 2,930 shares are elected for deferral under Akamai’s deferred compensation plan; some shares are held in the Aaron Ahola Revocable Trust (per footnotes).
• Transaction codes: A = award/grant, M = exercise/conversion of derivative, F = payment of exercise price or tax withholding.
• Filing was timely (next business day); no late-filing flag noted.

Context

• PRSUs are performance-based restricted stock units that represent the right to receive one share upon vesting; certification of 2025 results triggered partial/annual earnings under multiple PRSU grants. The 2,497-share disposition was to satisfy tax withholding — a routine, non-market-timing sale commonly seen when awards vest (cashless withholding), and not necessarily a directional bet on the stock.