Form 4: Akamai Technologies CEO Leighton F. Thomson Reports Stock Transactions
SEC Form 4 Filing
Akamai Technologies CEO Leighton F. Thomson reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 1, 2024, Leighton F. Thomson, CEO of Akamai Technologies, reported transactions involving Akamai's common stock and restricted stock units (RSUs).
- Thomson acquired 13,551 shares of common stock through the vesting of restricted stock units.
- He also disposed of 10,121 shares of common stock at a price of $110.92.
- Following these transactions, Thomson directly owns 51,356 shares of Akamai common stock.
- Thomson also indirectly owns 108,358 shares through the TBL Foundation and 2,320,621 shares through the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust.
- The reported transactions also include the vesting of 13,551 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding the CEO's stock ownership and trading activity.
Key Dates
| Date | Description |
|---|---|
| 11/3/99 | Date of the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust |
| 03/01/2024 | Date of the reported stock transactions and RSU vesting |
| 03/02/2024 | Date when Restricted Stock Units are exercisable |
| 03/05/2024 | Date of signature for the report |
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