LEIGHTON F THOMSON 4

What Happened Akamai CEO Leighton F. Thomson received 24,094 shares as an award under the company's 2013 Stock Incentive Plan in payment of his 2025 bonus. In connection with that award, 11,650 shares were disposed of (surrendered/withheld) at $94.17 per share to satisfy tax liabilities, yielding approximately $1,097,081.

Key Details

• Transaction dates: awards and withholding occurred on 2026-02-20; Form 4 filed 2026-02-23 (timely).
• Award: 24,094 shares issued (code A) under the Amended and Restated 2013 Stock Incentive Plan (footnote F1).
• Tax withholding/payment: 11,650 shares disposed at $94.17 each to cover tax liability (code F), total ≈ $1,097,081.
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes: F2–F4 note certain shares are held by trusts (F. Thomson Leighton & Bonnie B. Leighton Revocable Trust; David T. Leighton trust distribution of 10,481 shares; TBL Foundation) and that Mr. Leighton disclaims beneficial ownership of some trust-held shares except to the extent of pecuniary interest.
• Filing timeliness: No late filing flag — reported within days of the transactions.

Context This was an equity award issuance combined with share withholding to satisfy tax obligations — effectively a net issuance to the insider rather than an open-market sale. Such withholding transactions are routine and are not the same as a voluntary market sale that might indicate a change in sentiment.