Form 4: Akamai Technologies Director Verwaayen Exercises Deferred Stock Units
SEC Form 4 Filing
Director Bernardus Johannes Maria Verwaayen exercised deferred stock units for Akamai Technologies common stock on May 19, 2025.
Summary
- On May 19, 2025, Bernardus Johannes Maria Verwaayen, a director of Akamai Technologies Inc., executed a transaction involving deferred stock units.
- Verwaayen exercised 2,051 deferred stock units, which were converted into common stock.
- Following the transaction, Verwaayen's holdings include 23,708 shares of Akamai Technologies common stock.
- The deferred stock units were initially granted on June 3, 2021, and vested one year later, but distribution was deferred until May 19, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| June 3, 2021 | Mr. Verwaayen was granted 2,051 deferred stock units. |
| May 19, 2025 | Date of transaction: exercise of deferred stock units and distribution of common stock. |
Keywords
Form 4, Beneficial Ownership, Akamai Technologies, Verwaayen, Deferred Stock Units, Director, AKAM
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