Form 4: Akamai Technologies CEO Leighton F Thomson Reports Stock Transactions
SEC Form 4 Filing
CEO Leighton F Thomson reports transactions involving Akamai Technologies stock, including the vesting of restricted stock units and the disposition of shares to cover tax obligations.
Summary
- On March 6, 2025, Leighton F Thomson, CEO of Akamai Technologies, reported transactions involving the company's stock.
- These transactions included the vesting of 23,352 restricted stock units (RSUs), each representing one share of Akamai common stock.
- Thomson also disposed of 11,291 shares of common stock at a price of $82.82 per share.
- Following these transactions, Thomson directly owns 121,819 shares of Akamai common stock.
- Thomson also indirectly owns 108,358 shares through the TBL Foundation and 2,380,291 shares through the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust.
- He disclaims beneficial ownership of shares held by the trust except to the extent of his pecuniary interest.
- Additionally, he indirectly owns 23,353 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the executive's holdings.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. These filings are closely watched by investors to gauge management's sentiment and confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 11/3/99 | Date of the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust |
| 03/06/2025 | Date of the reported transactions (vesting of RSUs and disposition of shares) |
| 03/07/2026 | Expiration date of the Restricted Stock Units |
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