AKAMAI TECHNOLOGIES INC·4

Feb 23, 4:09 PM ET

Karon Adam 4

4 · AKAMAI TECHNOLOGIES INC · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Akamai (AKAM) COO Karon Adam Receives Award; Shares Withheld for Taxes

What Happened
Karon Adam, Akamai Technologies’ COO and GM of the Edge Technology Group, was issued 9,155 shares on Feb. 20, 2026 as payment of a 2025 bonus award under the company's 2013 Stock Incentive Plan. To cover tax withholding, 4,427 of those shares were surrendered at $94.17 per share, yielding a withholding value of $416,891. Net shares received from the award were 4,728.

Key Details

  • Transaction date: February 20, 2026. Form filed Feb. 23, 2026 (timely).
  • Award: 9,155 shares issued (transaction code A; reported as $0.00 acquisition price on the form because shares were granted).
  • Tax withholding: 4,427 shares surrendered/disposed at $94.17 each (transaction code F), total $416,891.
  • Net new shares to insider: 9,155 issued − 4,427 withheld = 4,728 shares retained.
  • Footnotes: Shares issued under the Akamai 2013 Stock Incentive Plan as payment of a 2025 bonus (F1). Filing notes 7,111 shares are elected deferred under the company’s U.S. Non‑Qualified Deferred Compensation Plan (F2). All figures are as of Feb. 20, 2026 (F3).
  • This was not an open‑market sale—shares were withheld to satisfy tax obligations (common for equity awards).

Context

  • For retail investors: award grants and associated withholding are routine compensation mechanics and do not necessarily signal insider buying or selling intent. The filing documents an award and a tax‑withholding disposition rather than a discretionary sale or purchase.

Insider Transaction Report

Form 4
Period: 2026-02-20
Karon Adam
COO & GM Edge Technology Group
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-02-20+9,15527,342 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-20$94.17/sh4,427$416,89122,915 total
Holdings
  • Common Stock

    [F3]
    (indirect: By 401(k))
    155.863
Footnotes (3)
  • [F1]Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2025 bonus award.
  • [F2]Total shares beneficially owned includes 7,111 shares of which the Reporting Person has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.
  • [F3]As of February 20, 2026.
Signature
/s/ Thomas M. Lair, by power of attorney|2026-02-23

Documents

1 file
  • 4
    wk-form4_1771880975.xmlPrimary

    FORM 4