Form 4: Akamai Technologies Director, Sharon Bowen, Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Sharon Bowen reports acquisition of 3,547 deferred stock units in Akamai Technologies, Inc.
Summary
- On May 14, 2025, Sharon Bowen, a director of Akamai Technologies, Inc., acquired 3,547 deferred stock units.
- These units represent the right to receive one share of Akamai common stock upon vesting.
- The deferred stock units vest one year following the grant date.
- Distribution is deferred until the earlier of May 14, 2030, a change in control, separation from service, or death.
- Following the transaction, Bowen directly owns 3,547 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of a transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Future Outlook
The deferred stock units vest one year following the grant date, with distribution deferred until the earlier of May 14, 2030, a change in control, separation from service, or death.
Industry Context
This filing is a routine disclosure of a director's acquisition of deferred stock units, a common form of executive compensation in publicly traded companies.
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 |
|---|---|
| 05/14/2025 | Date of transaction: Sharon Bowen acquired deferred stock units. |
| 05/16/2025 | Date of signature on the report. |
| 05/14/2030 | Potential date for distribution of deferred stock units. |
Keywords
Form 4, Akamai Technologies, Director, Sharon Bowen, Deferred Stock Units, Beneficial Ownership, AKAM
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.