Joseph Paul C 4
4 · AKAMAI TECHNOLOGIES INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Akamai EVP Joseph Paul C Receives RSU Shares; 3,227 Withheld
What Happened
- Joseph Paul C, Executive Vice President — Global Sales at Akamai Technologies (AKAM), had 6,673 restricted stock units convert to common shares on March 6, 2026.
- To satisfy tax withholding, 3,227 of those shares were surrendered at $101.00/share, generating proceeds of $325,927. Net shares issued to him were 6,673 − 3,227 = 3,446 shares (gross value of all vested shares ≈ $673,973; net value received ≈ $348,046).
Key Details
- Transaction date: 2026-03-06. Withholding price: $101.00/share. Withheld shares: 3,227 for $325,927. Vested/converted shares: 6,673. Net shares retained: 3,446.
- Footnotes: Each RSU converts to one share on vesting (F1). The RSUs were part of a 20,016 RSU grant made March 6, 2023 that vests in three equal annual installments (F3). Ownership snapshot reference date: March 3, 2026 (F2).
- Filing appears timely (Period of Report and File date: 2026-03-06).
- Transaction codes: M = conversion/exercise of a derivative (RSU conversion here); F = shares withheld to satisfy tax liability.
Context
- This was a routine RSU vesting event with shares withheld for taxes (common tax withholding/cashless settlement). It is not an open-market sale signaling a discretionary disposition beyond the required withholding.
- For full post-transaction beneficial ownership and any additional details, see the full Form 4 filing (Accession: 0001845574-26-000012).
Insider Transaction Report
Form 4
Joseph Paul C
EVP - Global Sales
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-06+6,673→ 42,760 total - Tax Payment
Common Stock
2026-03-06$101.00/sh−3,227$325,927→ 39,533 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-06−6,673→ 0 total→ Common Stock (6,673 underlying)
Holdings
- 165.196(indirect: By 401(k))
Common Stock
[F2]
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F2]As of March 3, 2026.
- [F3]On March 6, 2023, the Reporting Person was granted 20,016 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Signature
/s/ Thomas M. Lair, as power of attorney|2026-03-06