Salem-Jackson Kim 4
Research Summary
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Akamai (AKAM) CMO Salem-Jackson Kim Receives 8,937 Shares (2,681 Withheld)
What Happened Salem-Jackson Kim, EVP and Chief Marketing Officer of Akamai Technologies (AKAM), had 8,937 performance restricted stock units (PRSUs) vest on Feb 19, 2026 and these converted into common shares. To satisfy tax withholding, 2,681 of those shares were surrendered at $109.31 per share, generating $293,060 in tax withholding. After withholding, Kim received a net 6,256 shares. In addition, the filing reports earned PRSU amounts from other grant years (2,477 and 3,655) that remain as performance units and will vest only if future performance targets are met.
Key Details
- Transaction date: Feb 19, 2026 (Form 4 filed Feb 20, 2026; Period of Report: Feb 19, 2026).
- Main actions: Conversion/settlement of 8,937 PRSUs (transaction code M), tax withholding of 2,681 shares (code F), and recognition of additional earned PRSUs (codes A) of 3,565, 2,477 and 3,655 (see footnotes).
- Price used for withholding: $109.31 per share; tax withholding value: $293,060.
- Net shares received from the vested PRSUs: 6,256 shares (8,937 vested − 2,681 withheld).
- Shares owned after transaction: filing does not report total post-transaction holdings; footnote F2 indicates status “as of Feb 19, 2026.”
- Footnotes: Vesting and awards are performance-based PRSUs from grants made in 2023, 2024 and 2025; some earned amounts remain contingent on future certifications (2026 or 2027 results as noted).
- Filing timeliness: No late filing indicated.
Context PRSUs are performance-based restricted stock units that convert to shares when performance targets are certified; this was not an open-market purchase or discretionary sale by the insider. The tax withholding by surrendering shares (common for equity compensation) is routine and does not by itself signal a buy or sell view. Transaction codes: A=award/grant, M=exercise/conversion of derivative (settlement of PRSUs), F=payment of tax liability (share withholding).