AKAMAI TECHNOLOGIES INC·4

Mar 6, 6:37 PM ET

Howell Laura 4

4 · AKAMAI TECHNOLOGIES INC · Filed Mar 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Akamai (AKAM) SVP Laura Howell Exercises RSUs, Sells Shares for Taxes

What Happened

  • Laura Howell, Senior Vice President and Chief Accounting Officer at Akamai Technologies, had 2,002 restricted stock units (RSUs) convert into common shares on March 6, 2026. Of those, 588 shares were withheld and disposed to cover tax withholdings at $101.00 per share, totaling $59,388. The vesting/conversion shows 2,002 RSUs settled into shares (one record of acquisition and one showing the derivative conversion).

Key Details

  • Transaction date: March 6, 2026.
  • Vesting/conversion: 2,002 RSUs converted to 2,002 shares (derivative exercise/settlement).
  • Tax withholding: 588 shares withheld at $101.00/share → $59,388 paid to cover taxes.
  • Net shares delivered to Howell: 2,002 − 588 = 1,414 shares.
  • Shares owned after transaction: Not specified in the provided excerpt (footnote F2 references ownership status "as of March 3, 2026" but the filing extract did not list the total).
  • Footnotes: F1 clarifies each RSU equals one share at vesting. F3 notes the 6,004 RSU grant was made on March 6, 2023 and vests in equal annual installments over three years (hence the 2,002-share tranche).
  • Filing timeliness: No late filing indicated (transaction and report dated March 6, 2026).

Context

  • This was a routine vesting of RSUs (compensation), not an open-market purchase or discretionary sale. The withholding of shares to satisfy tax obligations is common and does not by itself signal a change in insider sentiment. The filing shows conversion/settlement of RSUs rather than an option exercise followed by a market sale (i.e., the insider did not sell additional shares on the open market in this filing).

Insider Transaction Report

Form 4
Period: 2026-03-06
Howell Laura
SVP, Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-06+2,00216,501 total
  • Tax Payment

    Common Stock

    2026-03-06$101.00/sh588$59,38815,913 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-03-062,0020 total
    Common Stock (2,002 underlying)
Holdings
  • Common Stock

    [F2]
    (indirect: By 401(k))
    153.223
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 6,004 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

Documents

1 file
  • 4
    wk-form4_1772840272.xmlPrimary

    FORM 4