Form 4 for AKAM Akamai Technologies
Accepted 2025-03-05 00:00:00 ET · period of report 2025-03-03 · accession 0001086222-25-000080 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-05 | 2025-03-04 | AKAM | Karon Adam | COO, GM Edge Technology Group | S - Sale | $80.49 | -6,431 | 14.2K | -31% | -$517.6K |
| DM | 2025-03-05 | 2025-03-03 | AKAM | Karon Adam | COO, GM Edge Technology Group | A - Grant | $0.00 | +78.5K | 15.7K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-04 | S | D | 6,431 | $80.49 | 14,239 | D | — | — | (F2) The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $79.98 to $80.845, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 2 | Derivative | Restricted Stock Units | 2025-03-03 | A | A | 39,259 | $0.00 | 39,259 | D | $0.00 · — to 2028-03-04 | 39,259 Common Stock | (F8) Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. (F9) RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. |
| 3 | Derivative | TSR Restricted Stock Units | 2025-03-03 | A | A | 23,555 | $0.00 | 23,555 | D | $0.00 · — to 2028-03-04 | 23,555 Common Stock | (F6) Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting. (F7) Vesting of such TSR RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Index for 2025, 2026 and 2027. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the TSR RSUs will vest in full on the date the company's financial results for 2027 are certified. Amount reported is target issuable. Mr. Karon has elected to defer the receipt of 85% of such awards on the vesting date. |
| 4 | Derivative | Performance Restricted Stock Units | 2025-03-03 | A | A | 15,703 | $0.00 | 15,703 | D | $0.00 · — to 2028-03-04 | 15,703 Common Stock | (F4) Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting. (F5) Vesting of such PRSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2025, 2026 and 2027. To the extent such targets are met, the PRSUs will vest on the date the company's financial results for 2027 are certified. Amount reported is target issuable. Mr. Karon has elected to defer the receipt of 85% of such awards on the vesting date. |