Form 4: Akamai EVP Sells Shares Under 10b5-1 Plan

Akamai Technologies EVP and GM Security, Mani Sundaram, sold 10,438 shares of common stock for approximately $89.25 per share under a pre-arranged trading plan.

Summary

• Mani Sundaram, Executive Vice President and General Manager of Security at Akamai Technologies Inc. (AKAM), reported a transaction involving the company's common stock.
• On December 1, 2025, Mr. Sundaram disposed of 10,438 shares of Akamai Technologies common stock.
• The shares were sold at a weighted average price of $89.2512 per share, with individual transaction prices ranging from $88.995 to $89.40.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Sundaram adopted on August 25, 2025.
• Following this transaction, Mr. Sundaram directly beneficially owns 13,550 shares of common stock.
• Additionally, 13,550 shares are indirectly held by The MMMM Family Living Trust, for which Mr. Sundaram is a trustee.
• An additional 102.984 shares are indirectly held through a 401(k) Plan, as reported on November 28, 2025.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine insider transaction disclosure under a pre-arranged plan, not indicative of company performance or significant sentiment shift.

Industry Context

This transaction is a routine insider trading disclosure and does not provide specific insights into broader industry trends or competitive landscape. It reflects an individual executive's pre-planned stock disposition.

Related Party Transactions

• Mani Sundaram, an executive officer of Akamai Technologies, sold 10,438 shares of the company's common stock.
• Mr. Sundaram indirectly holds 13,550 shares through The MMMM Family Living Trust, for which he serves as a trustee.
• Mr. Sundaram indirectly holds 102.984 shares through a 401(k) Plan.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, pre-planned insider sale under a Rule 10b5-1 plan, which is designed to avoid accusations of trading on material non-public information.

Key Dates

Recommendation

The sale by Mani Sundaram, EVP and GM Security, of 10,438 shares of Akamai Technologies common stock was executed under a pre-arranged Rule 10b5-1 trading plan. Such planned sales are generally considered routine and do not typically signal a change in the company's fundamental outlook or warrant an immediate shift in investment recommendation. Investors should monitor broader company performance and market trends rather than reacting solely to this planned insider transaction.

Keywords

Akamai Technologies, AKAM, Insider Trading, Form 4, Stock Sale, Mani Sundaram, 10b5-1 Plan, Executive Compensation