AKAMAI TECHNOLOGIES INC·4

Feb 20, 5:38 PM ET

Williams Anthony P 4

4 · AKAMAI TECHNOLOGIES INC · Filed Feb 20, 2026

Research Summary

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Updated

Akamai (AKAM) EVP Anthony Williams Receives PRSUs; 3,126 Shares Withheld

What Happened

  • Anthony P. Williams, EVP and CHRO of Akamai Technologies, had performance-based restricted stock units (PRSUs) credited/converted due to the certification of Akamai's 2025 results on Feb 19, 2026. A total of 9,970 shares vested/converted. To cover tax withholding, 3,126 shares were surrendered/disposed at $109.31 per share for $341,703, leaving a net of 6,844 shares delivered to Williams.

Key Details

  • Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (reporting period 02/19/2026).
  • Vesting/conversion: 9,970 shares from PRSUs vested/converted.
  • Tax withholding: 3,126 shares withheld at $109.31 each for $341,703 (coded F — tax withholding).
  • Additional PRSU crediting: reporting also shows 3,977, 3,388 and 5,267 shares reflected as earned from PRSU awards tied to 2023, 2024 and 2025 grants (see footnotes); some of these remain contingent on future performance certification and/or future vesting dates.
  • Shares owned after transaction: not specified in the filing.
  • Filing timeliness: filing shows report date 02/19/2026 and was filed 02/20/2026 — no late-filing notice in the filing.

Context

  • These were performance-based RSU awards (not open-market purchases or option exercises). The company certified performance for 2025, triggering the earned portion of multi-year PRSU grants; some PRSU awards will not fully vest until future-year certifications per the footnotes.
  • The tax payment was handled via share withholding (common practice), which reduces the net shares received and does not represent an open-market sale by the insider.

Insider Transaction Report

Form 4
Period: 2026-02-19
Williams Anthony P
EVP and CHRO
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-19+9,97026,487 total
  • Tax Payment

    Common Stock

    2026-02-19$109.31/sh3,126$341,70323,361 total
  • Award

    Performance Restricted Stock Units

    [F1]
    2026-02-19+3,9779,970 total
    Common Stock (3,977 underlying)
  • Exercise/Conversion

    Performance Restricted Stock Units

    [F1]
    2026-02-199,9700 total
    Common Stock (9,970 underlying)
  • Award

    Performance Restricted Stock Units

    [F2]
    2026-02-19+3,3885,158 total
    Common Stock (3,388 underlying)
  • Award

    Performance Restricted Stock Units

    [F3]
    2026-02-19+5,2675,267 total
    Common Stock (5,267 underlying)
Footnotes (3)
  • [F1]Represents an award of performance restricted stock units ("PRSUs") originally granted to the Reporting Person on March 6, 2023 contingent upon achievement of specified financial performance targets for each of 2023, 2024 and 2025. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,977 shares being earned and the vesting of a total of 9,970 shares of Issuer common stock subject to such PRSUs.
  • [F2]Represents an award of PRSUs originally granted to the Reporting Person on March 4, 2024 contingent upon achievement of specified financial performance targets for each of 2024, 2025 and 2026. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in an additional 3,388 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2026 are certified.
  • [F3]Represents an award of PRSUs originally granted to the Reporting Person on March 3, 2025 contingent upon achievement of specified financial performance targets for each of 2025, 2026 and 2027. Each PRSU represents the right to receive one share of Issuer common stock upon vesting. On February 19, 2026, the Issuer's financial results for 2025 were certified, resulting in 5,267 shares being earned. To the extent the targets for each such year are met, the PRSUs will fully vest on the date on which the Issuer's financial results for 2027 are certified.
Signature
/s/ Thomas M. Lair, as power of attorney|2026-02-20

Documents

1 file
  • 4
    wk-form4_1771627107.xmlPrimary

    FORM 4