Akamai (AKAM) SVP exercises 322 RSUs, 95 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies SVP and Chief Accounting Officer Laura Howell exercised restricted stock units and had shares withheld for taxes. She converted 322 RSUs into 322 shares of common stock, then 95 shares were disposed of at $106.47 per share to cover tax obligations. After these transactions, she directly held 16,140 common shares and 645 RSUs. She also reported an additional indirect holding of 153.223 common shares through a 401(k) plan. Footnotes state each RSU equals one share upon vesting and reference a prior grant of 3,845 RSUs made on September 12, 2023 with vesting over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
322 shares exercised/converted
Mixed
4 txns
Insider
Howell Laura
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 322 | $0.00 | -- |
| Exercise | Common Stock | 322 | $0.00 | -- |
| Tax Withholding | Common Stock | 95 | $106.47 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 645 shares (Direct);
Common Stock — 16,235 shares (Direct);
Common Stock — 153.223 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. As of March 11, 2026. On September 12, 2023, the Reporting Person was granted 3,845 RSUs. Such RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.
FAQ
What insider transaction did Akamai (AKAM) executive Laura Howell report?
Laura Howell reported exercising 322 restricted stock units into 322 Akamai common shares. In the same event, 95 common shares were disposed of to satisfy tax obligations, reflecting a routine compensation-related transaction rather than an open-market trade.
What does the tax-withholding transaction mean in the Akamai (AKAM) Form 4?
The Form 4 shows 95 Akamai common shares disposed of at $106.47 per share to cover tax liabilities. This F-code transaction is a tax-withholding disposition by the issuer, not an open-market sale initiated as an investment decision by the executive.
What are the terms of Laura Howell’s Akamai (AKAM) RSU grant mentioned in the filing?
Footnotes state Laura Howell was granted 3,845 RSUs on September 12, 2023. These RSUs vest over three years: one-third on the first anniversary of the grant date, with the remaining two-thirds vesting in equal quarterly installments of 8-1/3% thereafter.
How many restricted stock units did Laura Howell exercise in this Akamai (AKAM) filing?
The filing reports that Laura Howell exercised 322 restricted stock units, each representing the right to receive one Akamai common share upon vesting. This exercise increased her common share holdings while reducing her outstanding RSU balance shown in the derivative section.
Is Laura Howell’s Akamai (AKAM) Form 4 transaction a market buy or sell?
The filing reflects a derivative exercise and tax-withholding, not open-market trading. She acquired 322 common shares through RSU vesting and 95 shares were disposed of to pay taxes, so the activity is compensation-related rather than a discretionary stock purchase or sale.