Ranganathan Madhu 4

What Happened

• Madhu Ranganathan, a director of Akamai Technologies, was granted 1,892 deferred stock units on May 13, 2026. The filing reports an acquisition at $0.00 (derivative award); these units represent the right to receive one share of Akamai common stock upon vesting.
• This is an equity award (not a purchase or sale) commonly used as director compensation. The reported dollar value in the Form 4 is $0 because the grant is a deferred unit (not an immediate cash transaction).

Key Details

• Transaction date: 2026-05-13; Price reported: $0.00; Amount: 1,892 deferred stock units (derivative).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: Each deferred stock unit converts to one share on vesting (F1). Units vest one year after the grant, but Ranganathan elected to defer distribution until the earlier of (i) May 13, 2028, (ii) a change in control, (iii) separation from service, or (iv) death (F2).
• Filing: Reported on 2026-05-14 for a 2026-05-13 grant (appears to be timely).

Context

• Deferred stock units are a common form of non-cash director compensation and do not indicate immediate buying or selling pressure. They are derivative awards that will convert to shares on vesting/distribution events described above.