Akamai (NASDAQ: AKAM) director Akella converts 3,028 units, receives new 1,706-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,028 shares exercised/converted
Mixed
3 txns
Insider
Akella Janaki
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 3,028 | $0.00 | -- |
| Exercise | Common Stock | 3,028 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 1,706 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct, null);
Common Stock — 3,028 shares (Direct, null)
Footnotes (1)
- Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting. Deferred stock units vest one year following the grant date. On July 12, 2026, the Reporting Person was granted 3,028 deferred stock units, which vested in full and were distributed on May 14, 2026.
Key Figures
Common shares acquired: 3,028 shares
Deferred stock units converted: 3,028 units
New deferred stock unit grant: 1,706 units
+2 more
5 metrics
Common shares acquired
3,028 shares
Converted from deferred stock units on May 14, 2026
Deferred stock units converted
3,028 units
Exercised into common stock on May 14, 2026
New deferred stock unit grant
1,706 units
Granted on May 13, 2026
Exercise price per unit
$0.00 per share
Stated price for conversion of deferred stock units
Common shares held after conversion
3,028 shares
Direct holdings following May 14, 2026 transaction
Key Terms
Deferred Stock Units, vest, derivative security
3 terms
Deferred Stock Units financial
"Each deferred stock unit represents the right to receive one share of Akamai common stock"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
vest financial
"Deferred stock units vest one year following the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Akamai (AKAM) director Janaki Akella report?
Janaki Akella reported equity award activity, not open-market trades. 3,028 deferred stock units converted into 3,028 common shares, and a separate grant of 1,706 deferred stock units was received as compensation, each unit representing one future share on vesting.
What are deferred stock units in the Akamai (AKAM) Form 4 filing?
Deferred stock units are rights to receive Akamai common shares upon vesting. Each unit in this filing corresponds to one share, with 3,028 units converting into 3,028 shares and a new grant of 1,706 units scheduled to vest one year after the grant date.
When will the newly granted Akamai (AKAM) deferred stock units vest?
The filing states deferred stock units vest one year after the grant date. For the 1,706 units granted to Janaki Akella on May 13, 2026, vesting is scheduled to occur one year later, at which point they can convert into common shares.