Form 4: Akamai Technologies Director William Wagner Reports Stock Transactions

Director William Wagner reports the vesting of deferred stock units and subsequent disposal of shares.

Summary

• On June 14, 2024, William Raymond Wagner, a director of Akamai Technologies, Inc., reported transactions involving Akamai's common stock.
• Wagner acquired 3,200 shares of common stock through the vesting of deferred stock units.
• Simultaneously, Wagner disposed of 3,200 shares of common stock at a price of $0.
• Following these transactions, Wagner directly owns 17,719 shares of Akamai Technologies.
• The deferred stock units vest one year following the grant date, but the recipient can defer distribution.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company director.

Key Dates