HESSE DANIEL 4

What Happened
Daniel Hesse, a director of Akamai Technologies, reported the exercise/conversion of 2,336 derivative units (code M) on May 20, 2026. The filing shows an acquisition entry for 2,336 shares (price N/A) and a corresponding disposition entry at $0.00 for 2,336 shares (derivative), indicating no sale or cash proceeds. This appears to be an administrative conversion of previously granted deferred stock units rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-20. Transaction code: M (exercise or conversion of a derivative).
• Shares involved: 2,336 units converted/exercised. Reported disposition price: $0.00 (no cash received).
• Shares owned after transaction: not provided in the supplied data.
• Footnotes: F1 — each deferred stock unit (DSU) represents the right to receive one share upon vesting. F2 — these 2,336 DSUs were granted on May 20, 2020, vested one year after grant, and the reporting person elected to defer distribution until a later date.
• Filing timeliness: the report date matches the transaction date (May 20, 2026), so no late filing is indicated in the provided data.

Context
Deferred stock units are a form of compensation that gives the holder a right to receive shares later; converting or exercising DSUs is typically administrative. Because no shares were sold and no cash changed hands, this filing does not signal a buy or sell decision in the market — it reflects a deferral/administrative action related to prior compensation.