4/A: Akamai Technologies Director Corrects Transaction Date for Deferred Stock Units in Amended SEC Filing

Marianne Catherine Brown, a director at Akamai Technologies, filed an amendment to a previous Form 4 to correct the transaction date, date exercisable, and expiration date related to deferred stock units.

Summary

• Marianne Catherine Brown, a director at Akamai Technologies, filed an amended Form 4 with the SEC.
• The amendment corrects inaccuracies in the original Form 4 filed on May 15, 2023.
• The corrected information pertains to the transaction date, date exercisable, and expiration date of deferred stock units.
• The correct transaction date for the acquisition of 3,549 deferred stock units is June 14, 2023.
• 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, but the recipient can defer distribution to a later date.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment, but accuracy in reporting is always viewed positively.

Industry Context

This filing is a routine disclosure related to insider transactions and is specific to Akamai Technologies and its director. It doesn't provide significant insight into broader industry trends.

Key Dates