HESSE DANIEL 4
4 · AKAMAI TECHNOLOGIES INC · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Akamai Director Daniel Hesse Receives Deferred Stock Award
What Happened Daniel Hesse, a director of Akamai Technologies (AKAM), received a grant of 2,172 deferred stock units (DSUs) on May 13, 2026. The units were recorded at $0.00 per share (total $0) as a derivative award rather than an open‑market purchase or sale. Each DSU represents the right to receive one share of Akamai common stock upon vesting.
Key Details
- Transaction date: 2026-05-13; Form 4 filed 2026-05-14 (appears timely).
- Transaction type/code: Award/Grant (A); derivative (deferred stock units).
- Quantity and price: 2,172 DSUs at $0.00 per unit (total reported value $0).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — each DSU equals the right to one share on vesting. F2 — DSUs vest one year after the grant date, but distribution is deferred until the earlier of (i) May 13, 2030, (ii) a change in control per Code Section 409A, or (iii) death.
- No 10b5-1 plan, tax withholding, or cashless sale indicated in this filing.
Context Deferred stock units are a common form of compensation for directors and do not involve an immediate purchase or sale of shares. They convert to actual shares (or cash equivalent, if applicable) only when vested and distributed under the stated conditions, so this grant does not by itself indicate buying or selling sentiment.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-05-13+2,172→ 2,172 total→ Common Stock (2,172 underlying)
Footnotes (2)
- [F1]Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting.
- [F2]Deferred stock units vest one year following the grant date; however, the Reporting Person elected to defer distribution until the earlier to occur of (i) May 13, 2030, (ii) a change in control (as defined under Code Section 409A), or (iii) death.