Form 4: Akamai Technologies SVP, Chief Accounting Officer Howell Laura Reports Stock Transactions

Laura Howell, SVP, Chief Accounting Officer of Akamai Technologies, reports the acquisition and disposal of common stock and restricted stock units on March 1, 2024.

Summary

• On March 1, 2024, Laura Howell, SVP, Chief Accounting Officer of Akamai Technologies, engaged in transactions involving Akamai Technologies' stock.
• Howell acquired 350 shares of common stock through the vesting of restricted stock units (RSUs) at a price of $0.
• Concurrently, Howell disposed of 123 shares of common stock at a price of $110.92.
• Following these transactions, Howell directly owns 10,849 shares of Akamai Technologies' common stock.
• The reported transactions were executed pursuant to a pre-arranged plan under Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transactions themselves don't inherently indicate positive or negative sentiment. It reflects routine insider trading activity.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding their investment activities in the company.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent a small fraction of the company's outstanding shares.

Key Dates