Form 4: Akamai Technologies SVP Howell Reports Stock Transactions
SEC Form 4 Filing
Laura Howell, SVP and Chief Accounting Officer of Akamai Technologies, reports the vesting and disposal of restricted stock units.
Summary
- On March 11, 2024, Laura Howell, SVP, Chief Accounting Officer of Akamai Technologies, Inc., reported transactions involving Akamai common stock.
- Howell disposed of 540 shares of common stock at a price of $111.
- These transactions involved the vesting of 1,839 restricted stock units (RSUs) and the subsequent disposal of shares to cover tax obligations.
- Following the reported transactions, Howell beneficially owns 14,451 shares of Akamai common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of earliest transaction: Vesting of restricted stock units and disposal of shares. |
| 03/12/2024 | Expiration date of restricted stock units. |
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