4/A: Akamai Technologies Director Corrects Transaction Date for Deferred Stock Units in Amended SEC Filing
SEC Filing
An amended SEC Form 4 reveals a correction to the transaction date for deferred stock units acquired by Akamai Technologies director Bernardus Johannes Maria Verwaayen.
Summary
- An amended SEC Form 4 was filed by Bernardus Johannes Maria Verwaayen, a director of Akamai Technologies Inc.
- The amendment corrects the transaction date, date exercisable, and expiration date of a previous filing related to deferred stock units.
- The corrected transaction date is June 14, 2023.
- The director acquired 3,433 deferred stock units, each representing the right to receive one share of Akamai common stock upon vesting.
- 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 information that would significantly impact investor sentiment, but the correction itself is a positive sign of transparency.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the technology industry.
Key Dates
| Date | Description |
|---|---|
| 05/15/2023 | Date of Original Filed |
| 06/14/2023 | Corrected transaction date for deferred stock units acquisition |
| 04/01/2024 | Date of signature on the report |
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