secwatch.observer — SEC 8-K summary
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Issuer:     AKAMAI TECHNOLOGIES INC (AKAM)
CIK:        0001086222
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001086222-26-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Akamai adopts 2026 executive comp plan with $1 CEO salary, performance-based equity
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- CEO Leighton base salary $1; target bonus $1.5M, max $3.3M; CFO McGowan salary $535k, target 85% of earnings.
- Performance bonus weighted 50% revenue and 50% adjusted operating income, with ESG modifier +/-10%.
- Annual vesting RSUs: Leighton $7.25M, McGowan $2.755M, Karon $3.43M, Joseph $2.23M, Sundaram $2.325M.
- Corporate performance RSUs tied to 3-year revenue and non-GAAP EPS targets; threshold at 90% of target.
- Stock performance RSUs vest based on TSR vs S&P 500 over 2026-2028; max payout at 75th percentile.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086222/000108622226000004/0001086222-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086222/000108622226000004/akam-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001086222-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer