4/A: Akamai Technologies Director Monte E. Ford Amends SEC Filing to Correct Transaction Dates for Deferred Stock Units
SEC Filing Amendment
Monte E. Ford, a director at Akamai Technologies, filed an amendment to a previous SEC Form 4 to correct the transaction dates related to deferred stock units.
Summary
- Monte E. Ford, a director of Akamai Technologies, Inc., filed an amended Form 4 with the SEC to correct errors in a previous filing.
- The amendment pertains to transactions involving deferred stock units.
- The original Form 4 inadvertently listed incorrect transaction, exercisable, and expiration dates for these units.
- The corrected filing reflects the accurate dates for the transactions.
- On May 12, 2023, Ford disposed of 3,131 shares of common stock.
- Ford also acquired 3,549 deferred stock units, which vest one year following the grant date, but distribution can be deferred.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting previous errors; it doesn't convey strong positive or negative sentiment.
Negatives
- The original Form 4 contained incorrect information regarding the transaction dates, exercisable dates, and expiration dates of the deferred stock units, necessitating an amendment.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 05/12/2023 | Date of transaction involving common stock and deferred stock units. |
| 05/15/2023 | Date of original Form 4 filing that contained errors. |
| 06/14/2023 | Incorrect date listed on the original form 4 for the date exercisable and expiration date. |
| 04/01/2024 | Date of signature for the amended filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.