McGowan Edward J 4

What Happened Edward J. McGowan, Chief Financial Officer of Akamai Technologies, received 7,304 shares on Feb 20, 2026 as a 2025 bonus award under the company's 2013 Stock Incentive Plan (grant price $0). To cover tax withholding on that award, 676 shares were surrendered/disposed at $94.17 per share, generating a value of $63,659.

Key Details

• Transaction date: February 20, 2026 (reported on Form 4 filed Feb 23, 2026).
• Award: 7,304 shares issued (code A) at $0.00 per share under the Amended and Restated 2013 Stock Incentive Plan (footnote F1).
• Tax withholding: 676 shares disposed (code F) at $94.17 for $63,659 to satisfy tax liability.
• Shares beneficially owned after the transaction: 15,398 shares (includes deferred shares; see F3). Footnote F2 notes 6,208 of the newly issued shares were elected for deferral under the company’s U.S. Non-Qualified Deferred Compensation Plan.
• Filing: Form 4 was filed Feb 23, 2026 (timely relative to the Feb 20 transaction).

Context This filing reports a standard bonus share award with a routine tax-withholding disposition—not an open‑market sale or purchase signal. The withheld 676 shares were used to satisfy tax obligations (common for equity compensation). The award and deferral elections simply reflect compensation delivery and the executive’s choice to defer a portion under the company’s deferred compensation plan.