Form 4: Akamai Technologies EVP Global Sales, Joseph Paul C, Reports Stock Transactions
SEC Form 4 Filing
Joseph Paul C, EVP Global Sales at Akamai Technologies, reports the vesting and sale of restricted stock units and common stock transactions on March 6, 2025.
Summary
- On March 6, 2025, Joseph Paul C, EVP Global Sales at Akamai Technologies, reported transactions involving Akamai common stock.
- These transactions included the vesting of 6,672 restricted stock units (RSUs) and the subsequent sale of 3,226 shares of common stock at a price of $82.82 per share.
- Following these transactions, Joseph Paul C directly owns 39,495 shares of Akamai common stock and indirectly owns 64,807 shares through a 401(k) plan as of March 4, 2025.
- He also directly owns 6,673 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- Shareholders may be interested in these transactions as they provide insight into executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | As of this date, Joseph Paul C. indirectly owns 64,807 shares through a 401(k) plan. |
| 03/06/2025 | Date of earliest transaction: vesting of 6,672 RSUs and sale of 3,226 shares. |
| 03/06/2025 | Date of Form 4 filing. |
| 03/07/2026 | Expiration date of the restricted stock units. |
Keywords
Form 4, Akamai Technologies, Joseph Paul C, Stock Transaction, Restricted Stock Units, Common Stock, Beneficial Ownership, EVP Global Sales
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