4/A: Akamai Technologies Director Madhu Ranganathan Amends SEC Filing to Correct Transaction Dates
SEC Filing
Madhu Ranganathan, a director at Akamai Technologies, filed an amended SEC Form 4 to correct inaccuracies in the transaction dates related to deferred stock units.
Summary
- Madhu Ranganathan, a director at Akamai Technologies, filed an amendment to a previously submitted SEC Form 4.
- The amendment corrects the transaction date, date exercisable, and expiration date of deferred stock units.
- The original filing inadvertently listed incorrect dates, which this amendment rectifies.
- Ranganathan disposed of 3,131 shares of Common Stock on May 12, 2023.
- Following the reported transactions, Ranganathan beneficially owns 8,742 shares of Common Stock.
- Ranganathan also acquired 3,549 Deferred Stock Units.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting previously reported information. It doesn't contain any information that would significantly impact the company's valuation or investor sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is part of the standard regulatory requirements for publicly traded companies like Akamai Technologies.
Key Dates
| Date | Description |
|---|---|
| 05/12/2023 | Date of transaction involving Common Stock and Deferred Stock Units. |
| 05/13/2023 | Incorrect expiration date listed on original form. |
| 05/15/2023 | Date of original Form 4 filing. |
| 06/14/2023 | Date exercisable for Deferred Stock Units. |
| 04/01/2024 | Date of signature by power of attorney. |
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