Form 4: Akamai Technologies Director Acquires Deferred Stock Units
SEC Form 4 Filing 13 May 2024 4:45 PM
Director Peter Thomas Killalea acquired 3,015 deferred stock units of Akamai Technologies, Inc. on May 10, 2024, which vest one year following the grant date.
Summary
- Peter Thomas Killalea, a director of Akamai Technologies, Inc., acquired 3,015 deferred stock units on May 10, 2024.
- These deferred stock units represent the right to receive one share of Akamai common stock upon vesting, with the option to defer distribution.
- The deferred stock units vest one year following the grant date.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock unit acquisition, indicating a neutral sentiment.
Future Outlook
The director has the right to receive Akamai common stock upon vesting of the deferred stock units, with the option to defer distribution.
Industry Context
This Form 4 filing is a routine disclosure of a company insider's transaction in the company's securities, providing transparency to the market.
Stakeholder Impact
- The acquisition of deferred stock units by a director may signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Peter Thomas Killalea acquired 3,015 deferred stock units. |
| 05/13/2024 | Date of signature by Thomas M. Lair, as power of attorney. |
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