Akella Janaki 4

What Happened

• Director Janaki recorded a conversion/distribution of 3,028 deferred stock units into Akamai common shares on May 14, 2026, and was granted 1,706 additional deferred stock units on May 13, 2026. The transactions show $0 per share (no cash purchase or sale).
• The Form 4 lists both an acquisition and a disposition entry for 3,028 shares on May 14 (this reflects conversion/settlement of derivative units into underlying shares rather than an open‑market sale).

Key Details

• Transaction dates and types:
  • 2026-05-13: Grant/award (Code A) — 1,706 deferred stock units, $0.00 per unit.
  • 2026-05-14: Exercise/conversion of derivative (Code M) — 3,028 units converted/ distributed; recorded at $0.00.
• Shares owned after the transaction: Not specified in the filing excerpt provided.
• Footnotes:
  • F1: Each deferred stock unit (DSU) equals the right to one share upon vesting.
  • F2: DSUs vest one year after the grant date.
  • F3: Filing states the 3,028 DSUs were granted on July 12, 2026 and vested/distributed on May 14, 2026 — that date sequence appears inconsistent in the filing.
• Filing/timeliness: Form filed on 2026-05-14 covering transactions on 5/13–5/14 (filed the next day).

Context

• Deferred stock units are a form of equity compensation. Converting/settling DSUs into shares is an administrative/compensation event, not a purchase or open‑market sale. The $0.00 price reflects internal settlement rather than a cash transaction.
• These movements are informative about compensation and share issuance to insiders but do not, by themselves, indicate buying or selling for investment reasons.