Bowen Sharon 4
4 · AKAMAI TECHNOLOGIES INC · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Akamai Director Sharon Bowen Receives 1,892-Unit Stock Award
What Happened
Sharon Bowen, a director of Akamai Technologies, was granted 1,892 deferred stock units (a derivative award) on May 13, 2026. The Form 4 reports the acquisition at $0.00 per unit (no cash purchase). Deferred stock units represent the right to receive one share of Akamai common stock upon vesting.
Key Details
- Transaction date: 2026-05-13; Form 4 filed 2026-05-14 (appears timely).
- Award: 1,892 deferred stock units; reported acquisition price $0.00 (derivative grant).
- Shares owned after transaction: not provided in the supplied data.
- Footnote summaries:
- Each deferred stock unit equals the right to one share at vesting.
- Units vest one year after grant, but Bowen elected to defer distribution until the earlier of (i) May 13, 2028, (ii) a change in control, (iii) separation from service, or (iv) death.
- Transaction code: A (award/grant).
Context
This was an equity compensation grant to a director, not a market purchase or sale. Such deferred-unit awards are common for directors and reflect compensation policy rather than an immediate buy/sell signal. Because distribution is deferred, the shares will not be delivered until the stated vesting/distribution conditions occur.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-05-13+1,892→ 1,892 total→ Common Stock (1,892 underlying)
Footnotes (2)
- [F1]Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting.
- [F2]Deferred stock units vest one year following the grant date; however, the Reporting Person elected to defer distribution until the earlier to occur of (i) May 13, 2028, (ii) a change in control (as defined under Code Section 409A), (iii) separation from service, or (iv) death.