Williams Anthony P 4
Research Summary
AI-generated summary
Akamai (AKAM) EVP Anthony Williams Receives 6,450 Shares on RSU Vesting
What Happened
Anthony P. Williams, EVP and Chief Human Resources Officer at Akamai, had 6,450 restricted stock units (RSUs) convert to common shares on March 6, 2026. Of those shares, 3,119 were withheld and disposed to cover tax withholding at $101.00 per share (proceeds/value $315,019), leaving a net delivery of 3,331 shares to Williams. This was a vesting/settlement of equity awards (not an open-market buy or sale).
Key Details
- Transaction date: March 6, 2026.
- Conversion/vesting: 6,450 RSUs converted to 6,450 shares (derivative code M).
- Tax withholding: 3,119 shares withheld/disposed at $101.00/share for $315,019 (code F).
- Net shares delivered to insider: 6,450 − 3,119 = 3,331 shares.
- Footnotes: F1 clarifies each RSU equals one share at vesting; F2 notes these RSUs were from a March 6, 2023 grant of 19,348 RSUs that vest in three equal annual installments.
- Filing timeliness: Report filed March 6, 2026 (transaction date same as report), so not indicated as late.
- Shares owned after the transaction: Not specified in the provided filing details.
Context
This was a routine equity award vesting and partial share withholding to satisfy tax obligations (a common, non-market sale). The Form 4 records the RSU conversion as a derivative exercise/conversion (M) and the withholding as a tax payment (F). Such transactions reflect compensation vesting rather than a directional insider bet on the stock.