Sundaram Mani 4

What Happened

• Sundaram Mani, Executive Vice President and GM, Security at Akamai Technologies, had 6,673 restricted stock units (RSUs) convert to common shares on March 6, 2026. To cover tax withholding related to the vesting, 3,227 of those shares were surrendered/sold at $101.00 per share for $325,927. After the withholding, Mani retained a net 3,446 shares from this vesting event (6,673 vested − 3,227 withheld), worth roughly $348,046 at $101/share.

Key Details

• Transaction date: March 6, 2026.
• Vesting/conversion: 6,673 RSUs converted into 6,673 shares (transaction code M).
• Tax withholding/sale: 3,227 shares disposed at $101.00 for $325,927 (transaction code F).
• Net shares retained from this vesting: 3,446 shares (6,673 − 3,227), valued at ~ $348,046 at $101/share.
• Footnotes: F1 clarifies an RSU = right to one share; F4 notes these RSUs were part of a 20,016 RSU grant on March 6, 2023 that vests in three equal annual installments (one installment = 6,673 shares). F2 notes some holdings are held by The MMMM Family Living Trust (Mani is a trustee). F3 indicates ownership information is as of March 3, 2026.
• Timeliness: The report was filed on March 6, 2026 (same date as the transactions reported), not indicated as late.

Context

• This was a routine vesting of RSUs with a share withholding/sale to satisfy tax obligations (common "cashless" treatment) rather than an open-market investment decision. Such withholding sales are administrative and do not necessarily signal a view on company prospects.