Form 4: Akamai Technologies Director Exercises Deferred Stock Units
SEC Form 4 Filing
Director Bernardus Johannes Maria Verwaayen exercised deferred stock units for Akamai Technologies common stock on May 11, 2025.
Summary
- On May 11, 2025, Bernardus Johannes Maria Verwaayen, a director of Akamai Technologies, Inc., exercised 3,433 deferred stock units, receiving 3,433 shares of common stock.
- These deferred stock units were granted on June 14, 2023, and vested one year later, but Mr. Verwaayen elected to defer receipt until May 11, 2025.
- Following the transaction, Mr. Verwaayen directly owns 21,657 shares of Akamai common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides insight into the equity-based compensation and holdings of Akamai's directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine exercise of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 2023-06-14 | Mr. Verwaayen was granted 3,433 deferred stock units. |
| 2024-12-09 | Date of the Limited Power of Attorney for Section 16 Reporting Obligations. |
| 2025-05-11 | Mr. Verwaayen exercised 3,433 deferred stock units. |
| 2025-05-12 | Date of signature for the Form 4 filing. |
Keywords
Akamai Technologies, Director, Stock Units, Beneficial Ownership, Form 4, Verwaayen, Deferred Stock Units, Common Stock
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