Form 4: Akamai Technologies Director, Monte E Ford, Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Monte E Ford reported acquiring 3,344 deferred stock units of Akamai Technologies, Inc. on May 10, 2024, which vest one year following the grant date.
Summary
- On May 10, 2024, Monte E Ford, a director of Akamai Technologies Inc., acquired 3,344 deferred stock units.
- 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.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports a transaction and doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides insight into the compensation structure for Akamai Technologies' directors.
Stakeholder Impact
- The acquisition of deferred stock units by a director aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Acquisition of 3,344 deferred stock units. |
| 05/13/2024 | Date of report filing. |
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