AKAMAI TECHNOLOGIES INC·4

May 14, 6:23 PM ET

Bowen Sharon 4

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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.