---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-046350"
form_type: "8-K"
ticker: "AKAM"
cik: "0001086222"
company_name: "AKAMAI TECHNOLOGIES INC"
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T14:30:13.038133+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Akamai sets 2024 executive compensation; Leighton bonus target $1.5M, max $3.3M

## Summary
- Leighton base salary remains $1; target bonus $1.5M, max $3.3M tied to revenue, adjusted op income, and ESG modifier.
- McGowan base $535k (target 85% salary); Joseph $520k (100%); Karon $570k (100%); Sundaram $500k (80%).
- Annual RSU grants: Leighton $6.75M, McGowan $2.205M, Joseph $1.88M, Karon $2.78M, Sundaram $2.05M.
- Corporate performance-based RSUs (max deliverable) and stock TSR-based RSUs also approved with targets for 2024-2026.
- All RSUs to be granted March 4, 2024; performance-based RSUs vest after fiscal 2026 certification.

## SEC filing metadata
- accession: 0001193125-24-046350
- form_type: 8-K
- ticker: AKAM
- cik: 0001086222
- company_name: AKAMAI TECHNOLOGIES INC
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086222/000119312524046350/0001193125-24-046350-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086222/000119312524046350/d798200d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-046350
- JSON: https://secwatch.observer/filing/0001193125-24-046350.json
- Plain text: https://secwatch.observer/filing/0001193125-24-046350.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.