AKAMAI TECHNOLOGIES INC — Director's Dealing 2025

Mar 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2025-03-03

Reporting Person: Karon Adam (COO & GM Edge Technology Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-04	Common Stock	S	6431	$80.4901	Disposed	14239	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-03	Performance Restricted Stock Units	$0	A	15703	Acquired	2028-03-04	Common Stock (15703)	Direct
2025-03-03	TSR Restricted Stock Units	$0	A	23555	Acquired	2028-03-04	Common Stock (23555)	Direct
2025-03-03	Restricted Stock Units	$0	A	39259	Acquired	2028-03-04	Common Stock (39259)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	71.037	Indirect

Footnotes

F1: Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Karon on December 2, 2024.

F2: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $79.98 to $80.845, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: As of March 4, 2025.

F4: Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting.

F5: Vesting of such PRSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2025, 2026 and 2027. To the extent such targets are met, the PRSUs will vest on the date the company's financial results for 2027 are certified. Amount reported is target issuable. Mr. Karon has elected to defer the receipt of 85% of such awards on the vesting date.

F6: Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting.

F7: Vesting of such TSR RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Index for 2025, 2026 and 2027. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the TSR RSUs will vest in full on the date the company's financial results for 2027 are certified. Amount reported is target issuable. Mr. Karon has elected to defer the receipt of 85% of such awards on the vesting date.

F8: Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.

F9: RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.