Welcome to our dedicated page for Akamai Technologies SEC filings (Ticker: AKAM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Akamai Technologies, Inc. filings document the company's public-company reporting for a Nasdaq-listed common stock issuer focused on cybersecurity, cloud computing, and online application delivery. Recent Form 8-K reports furnish quarterly and annual financial results and segment disclosures for Security, Delivery and other cloud applications, and Cloud Infrastructure Services.
The filing record also includes proxy materials covering board and executive compensation matters, equity incentive plan administration, performance-based bonus measures, and governance disclosures. Regulation FD and other current reports document product announcements such as Akamai Inference Cloud, registered common stock details, and disclosed officer and director open-market stock purchases.
Akamai Technologies completed a large private offering of 0.00% convertible senior notes, issuing $1.75 billion of notes due 2030 and $1.75 billion of notes due 2032 to qualified institutional buyers. The notes are senior unsecured, pay no regular interest, and mature in 2030 and 2032 unless earlier converted or repurchased.
The 2030 notes are initially convertible at 4.9650 shares per $1,000 (about $201.41 per share), a 42.5% premium to the $141.34 closing price on May 19, 2026. The 2032 notes are initially convertible at 5.2408 shares per $1,000 (about $190.81 per share), a 35.0% premium.
Akamai used $236.6 million of net proceeds for convertible note hedge transactions, partially offset by warrant proceeds, and about $350.0 million to repurchase 2,476,298 shares at $141.34 per share. Remaining proceeds are earmarked for accelerated capital spending in its Cloud Infrastructure Services business and general corporate purposes.
Akamai Technologies director Daniel Hesse exercised deferred stock units into common shares. On May 20, 2026, he converted 2,336 deferred stock units into 2,336 shares of Akamai common stock, with no cash exercise price. These units were originally granted on May 20, 2020 and vested one year later, with distribution deferred at his election. After the transaction, Hesse directly holds 23,723 shares of Akamai common stock.
Akamai Technologies is raising capital through a private offering of zero-coupon convertible senior notes. The company priced $1.5 billion of notes due 2030 and $1.5 billion due 2032 for qualified institutional buyers, upsized from an earlier $1.3 billion per tranche plan.
The 2030 notes initially convert at 4.9650 shares per $1,000, equal to about $201.41 per share, a 42.5% premium to the $141.34 closing price on May 19 2026. The 2032 notes convert at 5.2408 shares per $1,000, or about $190.81 per share, a 35.0% premium.
Akamai expects net proceeds of about $2,958.0 million, or $3,451.8 million if the overallotment is fully exercised. It plans to fund accelerated Cloud Infrastructure Services capital expenditures, spend roughly $203 million on convertible note hedge costs and allocate about $350 million to repurchase stock at $141.34 per share.
Akamai Technologies amended its credit agreement and plans a large convertible debt raise. The company entered a Third Amendment to its Credit Agreement that increases its maximum consolidated leverage ratio financial covenant to 4.75:1.00 for the four-quarter periods ending June 30, 2026 and September 30, 2026.
Akamai also announced a proposed private offering to qualified institutional buyers of $1.3 billion aggregate principal amount of 0% convertible senior notes due 2030 and $1.3 billion of 0% convertible senior notes due 2032, with options for an additional $200 million of each series. Net proceeds are expected to fund accelerated capital expenditures for its Cloud Infrastructure Services business, related hedge and warrant transactions, and approximately $350 million of share repurchases.
Akamai Technologies director Jon Miller increased his direct equity stake through routine equity compensation events. On May 13, 2026, he received a grant of 1,892 deferred stock units, each representing one future share of common stock. On May 14, 2026, 3,547 previously granted deferred stock units that had vested were converted into 3,547 shares of Akamai common stock, bringing his direct common stock holdings to 26,353 shares after the transactions. These Form 4 events reflect grant and settlement of deferred stock units rather than any open‑market buying or selling.
AKAMAI TECHNOLOGIES INC director Bas Burger reported routine equity compensation activity. He exercised 3,028 deferred stock units into 3,028 shares of common stock on May 14, 2026, leaving him with 3,028 common shares directly owned. The same day, 3,028 deferred stock units were removed as they were fully converted.
On May 13, 2026, he was granted 1,706 deferred stock units, each representing the right to receive one share of Akamai common stock upon vesting. Footnotes explain these units vest one year following the grant date and are then delivered in common shares, underscoring that these are compensation-related, non-cash awards rather than open-market trades.
Akamai Technologies director Janaki Akella reported compensation-related equity activity. On May 14, 2026, 3,028 deferred stock units converted into 3,028 shares of Akamai common stock at a stated price of $0.00 per share, leaving 3,028 common shares held directly.
On May 13, 2026, Akella was granted 1,706 deferred stock units, each representing the right to receive one share of common stock upon vesting. These transactions reflect equity awards and a derivative exercise rather than open-market buying or selling.
Ranganathan Madhu reported acquisition or exercise transactions in this Form 4 filing.
Akamai Technologies director Madhu Ranganathan received a grant of 1,892 deferred stock units. Each unit represents the right to receive one share of Akamai common stock when it vests. The units vest one year after the May 13, 2026 grant date, and Ranganathan elected to defer distribution until the earlier of May 13, 2028, a qualifying change in control under Code Section 409A, separation from service, or death. Following this compensation grant, he holds 1,892 deferred stock units directly.
Killalea Peter Thomas reported acquisition or exercise transactions in this Form 4 filing.
Akamai Technologies director Peter Thomas Killalea received a grant of 1,706 deferred stock units. Each unit represents the right to receive one share of Akamai common stock upon vesting. The deferred stock units vest one year after the grant date.
The reporting person elected to delay actual share distribution until the earlier of May 13, 2036, a qualifying change in control, separation from service, or death. Following this grant, the director holds 1,706 deferred stock units directly.
HESSE DANIEL reported acquisition or exercise transactions in this Form 4 filing.
Akamai Technologies director Daniel Hesse received a grant of 2,172 deferred stock units, each tied to one share of common stock. These units vest one year after the grant date, and distribution has been deferred until May 13, 2030, a qualifying change in control, or death.