AKAMAI TECHNOLOGIES INC·4

Feb 23, 4:10 PM ET

Salem-Jackson Kim 4

Research Summary

AI-generated summary

Updated

Akamai (AKAM) CMO Salem-Jackson Kim Receives Stock Award, Sells Shares

What Happened

  • Salem-Jackson Kim, Executive Vice President and Chief Marketing Officer of Akamai Technologies (AKAM), was granted 5,911 shares as a bonus award (acquired at $0.00) on 2026-02-20 and, concurrently, 2,791 shares were disposed of at $94.17 per share (totaling $262,828) to satisfy tax obligations.
  • The grant was issued under Akamai’s Amended and Restated 2013 Stock Incentive Plan as payment of the 2025 bonus; the disposition is recorded as tax withholding (code F), not an open-market investment sale.

Key Details

  • Transaction date: February 20, 2026.
  • Award: 5,911 shares @ $0.00 (Grant/award).
  • Disposal for tax withholding: 2,791 shares @ $94.17 = $262,828 (code F).
  • Shares owned after transaction: not specified in the summary data provided (footnote indicates holdings were reported “As of February 20, 2026”).
  • Footnotes: F1 — shares issued under Akamai’s 2013 Stock Incentive Plan in payment of 2025 bonus; F2 — holdings reported as of Feb 20, 2026.
  • No late-filing flag included in the provided data.

Context

  • This is a common pattern where an insider receives a bonus award and a portion of those (or existing) shares are surrendered/sold to cover tax withholding; it is administrative and does not necessarily signal a change in investment view.
  • Transaction codes: A = Award/Grant, F = Payment of exercise price or tax liability (here used to indicate shares withheld/sold to cover taxes).