Karon Adam 4

What Happened

• Karon Adam, Chief Operating Officer & GM, Edge Technology Group at Akamai (AKAM), had 10,898 restricted stock units (RSUs) convert to common shares on March 6, 2026. Of those vested shares, 5,270 were surrendered to cover tax withholding at $101.00 per share, totaling $532,270. The remaining 5,628 shares were issued to the reporting person (net settlement).
• This was a routine equity vesting event (RSU conversion), not an open-market buy or sale.

Key Details

• Transaction date: March 6, 2026.
• RSUs vested/converted: 10,898 shares (code M — exercise/conversion of derivative).
• Tax withholding: 5,270 shares surrendered at $101.00/share = $532,270 (code F).
• Net shares received: 5,628 (10,898 − 5,270).
• Footnotes: F1 confirms an RSU equals one share; F4 notes these RSUs were part of a 32,692 RSU grant on March 6, 2023 that vests in three equal annual installments. F2 states total beneficial ownership includes 14,222 shares deferred under the company’s deferred compensation plan. F3 dates some holdings as of March 3, 2026.
• Filing: Form 4 filed March 6, 2026 (no late filing flag noted).

Context

• This was a vesting/net-settlement of RSUs (derivative conversion) with shares withheld to satisfy tax obligations — a common administrative transaction that doesn’t necessarily signal a view on the company’s stock.
• Unlike an open-market purchase or sale, vesting reflects compensation realization; retail investors typically view outright purchases by insiders as stronger bullish signals.