Form 4: Akamai Technologies EVP Kim Salem-Jackson Reports Stock Transactions
SEC Form 4 Filing
EVP, Chief Marketing Officer of Akamai Technologies, Kim Salem-Jackson, reports the vesting and subsequent disposal of common stock and restricted stock units.
Summary
- Kim Salem-Jackson, EVP, Chief Marketing Officer of Akamai Technologies, reported transactions involving Akamai common stock.
- On March 1, 2024, 1,668 restricted stock units vested and were converted into common stock.
- Also on March 1, 2024, 921 shares of common stock were disposed of at a price of $110.92.
- Following these transactions, Salem-Jackson directly owns 36,819 shares of Akamai common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Vesting of 1,668 restricted stock units and disposal of 921 shares of common stock. |
| 03/02/2024 | Date RSUs vest. |
| 03/05/2024 | Date of signature by power of attorney. |
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