Form 4: Akamai Technologies EVP, Chief Marketing Officer Kim Salem-Jackson Reports Stock Transactions
SEC Form 4 Filing
Kim Salem-Jackson, EVP, Chief Marketing Officer of Akamai Technologies, reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- On February 19, 2025, Kim Salem-Jackson, EVP, Chief Marketing Officer of Akamai Technologies, engaged in transactions involving Akamai common stock.
- These transactions included the vesting of 1,199 TSR restricted stock units and 8,254 performance restricted stock units.
- Following the vesting, 352 shares and 2,481 shares were disposed of, respectively, at a price of $99.32 to cover tax obligations.
- After these transactions, Salem-Jackson directly owns 48,380 shares of Akamai common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of earliest transaction: Vesting of restricted stock units and disposal of shares for tax obligations. |
| 02/21/2025 | Date of signature for the report. |
| 03/08/2025 | Expiration date of TSR Restricted Stock Units and Performance Restricted Stock Units |
Keywords
Akamai Technologies, Kim Salem-Jackson, Form 4, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Insider Trading
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