Form 4: Akamai Technologies Director Sharon Bowen Reports Stock Unit Vesting
SEC Form 4 Filing
Director Sharon Bowen reports the vesting and subsequent disposal of deferred stock units into common stock.
Summary
- On May 12, 2025, Akamai Technologies Director Sharon Bowen reported the vesting of 2,823 deferred stock units, which converted into 2,823 shares of common stock.
- These shares were then disposed of.
- Ms. Bowen now beneficially owns 8,278 shares of Akamai common stock following the reported transaction.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock unit vesting, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider trading activity.
Key Dates
| Date | Description |
|---|---|
| November 26, 2024 | Date of execution for the Limited Power of Attorney for Section 16 Reporting Obligations. |
| May 12, 2025 | Date of transaction: vesting of deferred stock units and disposal of common stock. |
Keywords
Form 4, Akamai Technologies, Director, Sharon Bowen, Stock Units, Common Stock, Vesting, Disposition, Beneficial Ownership, Securities Exchange Act, Section 16(a)
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