Form 4: Akamai Technologies SVP, Chief Accounting Officer Reports Stock Transactions
SEC Form 4
Laura Howell, SVP, Chief Accounting Officer of Akamai Technologies, reports the vesting and subsequent disposal of shares to cover tax obligations.
Summary
- On August 5, 2024, Laura Howell, SVP, Chief Accounting Officer of Akamai Technologies, reported transactions involving Akamai Technologies Inc. common stock.
- 56 shares of common stock were acquired through the vesting of restricted stock units (RSUs).
- 17 shares were disposed of to cover tax obligations at a price of $94.56.
- Following these transactions, Howell directly owns 14,639 shares of Akamai Technologies Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral reporting of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of stock transactions (acquisition and disposal). |
| 08/05/2024 | Restricted Stock Units vest. |
| 08/06/2024 | Date that common stock underlies the Restricted Stock Units. |
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