AKAMAI TECHNOLOGIES INC
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 24, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 9B. Other Information
(b) Director and Officer Trading Arrangements
The following table describes, for the quarterly period ended December 31, 2024, each trading arrangement for the sale or purchase of Company securities adopted, terminated or for which the amount, pricing or timing provisions were modified by our directors and officers that is either (1) a contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”) or (2) a “non-Rule 10b5-1 trading arrangement” (as defined in Item 408(c) of Regulation S-K):
| Name (Title) | Action Taken (Date of Action) | Type of Trading Arrangement | Nature of Trading Arrangement | Duration of Trading Arrangement | Aggregate Number of Securities to be Purchased or Sold |
|---|---|---|---|---|---|
| Adam Karon (Chief Operating Officer and General Manager of the Cloud Technology Group) | Adoption (December 2, 2024) | Rule 10b5-1 trading arrangement | Sales | Until June 2, 2025, or such earlier date upon which all transactions are completed or expire without execution | Up to 46,778 shares of common stock(1) |
| Mani Sundaram (Executive Vice President and General Manager of the Security Technology Group) | Adoption (December 4, 2024) | Rule 10b5-1 trading arrangement | Sales | Until September 1, 2025, or such earlier date upon which all transactions are completed or expire without execution | Up to 16,867 shares of common stock |
(1) The Rule 10b5-1 trading arrangement provides for the sale of a percentage of shares to be received upon future vesting of certain outstanding equity awards, net of any shares withheld by us to satisfy applicable taxes. The number of shares to be withheld, and thus the exact number of shares to be sold pursuant to Mr. Karon's Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of future vesting events. For purposes of this disclosure, we have reported the maximum aggregate number of shares to be sold without subtracting any shares to be withheld upon future vesting events.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.