Williams Anthony P 4
Research Summary
AI-generated summary
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.