Salem-Jackson Kim 4

What Happened Salem-Jackson Kim, EVP and Chief Marketing Officer of Akamai Technologies, had 5,783 restricted stock units (RSUs) convert into 5,783 shares on March 6, 2026. To cover tax withholding, 2,797 of those shares were surrendered at $101.00 per share for $282,497; the net shares issued to Kim were 2,986. RSUs have no exercise price, so this was a vesting/settlement event (an award receipt), not an open-market purchase or sale.

Key Details

• Transaction date: March 6, 2026; filing date: March 6, 2026 (no late filing indicated).
• Vesting/conversion: 5,783 RSUs converted to 5,783 shares (derivative conversion).
• Tax withholding: 2,797 shares withheld at $101.00/share = $282,497.
• Net shares delivered to insider: 2,986 shares.
• Footnotes: F1 explains each RSU equals one share; F3 notes these RSUs were part of a 17,347‑RSU grant on March 6, 2023 that vests in three equal annual installments. F2 references the reporting date (Mar 3, 2026).
• Shares beneficially owned after the transaction are not specified in the provided excerpt of the filing.

Context This was a routine RSU vesting and tax-withholding (cashless settlement) event — common for employee equity compensation. It is not an open-market sale or a buy; it reflects receipt of shares from an award and withholding to satisfy taxes.