Form 4: Akamai Technologies EVP and CHRO, Anthony P. Williams, Reports Stock Transactions
SEC Form 4 Filing
Anthony P. Williams, EVP and CHRO of Akamai Technologies, reports the vesting and disposal of restricted stock units and common stock transactions on March 7, 2024.
Summary
- On March 7, 2024, Anthony P. Williams, the EVP and CHRO of Akamai Technologies, engaged in transactions involving Akamai common stock.
- These transactions included the vesting of 2,857 restricted stock units (RSUs) and the subsequent disposal of 1,382 shares to cover tax obligations.
- The price per share for the disposal was $110.16.
- Following these transactions, Williams directly owns 19,438 shares of Akamai common stock and 2,857 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of stock transactions: vesting of RSUs and disposal of shares. |
| 03/08/2024 | Date of signature for the Form 4 filing. |
| 03/08/2025 | Expiration date of the Restricted Stock Units. |
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.