Joseph Paul C 4

What Happened

Joseph Paul C, Executive Vice President – Global Sales at Akamai Technologies (AKAM), was issued 8,352 shares on Feb 20, 2026 as a 2025 bonus award under the company's 2013 Stock Incentive Plan. To cover tax liabilities, 4,039 of those shares were surrendered/withheld at a reported per-share value of $94.17, generating about $380,353. The grant is reported as an award (code A) and the share surrender for taxes is reported as a disposition (code F).

Key Details

• Transaction dates: February 20, 2026 (reported on Form 4 filed Feb 23, 2026).
• Award: 8,352 shares granted (price reported $0 as an award, code A).
• Withholding/disposition: 4,039 shares withheld at $94.17 each = $380,353 (code F).
• Footnote: F1—Shares issued under the Akamai 2013 Stock Incentive Plan in payment of a 2025 bonus award.
• Shares owned after transaction: not specified in the provided excerpt (footnote F2 notes "As of February 20, 2026").
• Filing timeliness: Form 4 filed Feb 23 for Feb 20 transaction — appears to be timely.

Context

This was a bonus share award with a portion of the award withheld/surrendered to satisfy tax withholding — a common administrative/cashless-settlement practice, not an open-market sale or purchase decision. Awards and tax withholdings are routine and do not by themselves indicate the insider is buying or selling shares for investment reasons.