AKAMAI TECHNOLOGIES INC·4

Feb 23, 4:09 PM ET

Karon Adam 4

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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.