Kim Salem-Jackson - Feb 1, 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP, Chief Marketing Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Stock symbol
AKAM
Transactions as of
Feb 1, 2024
Transactions value $
-$320,580
Form type
4
Date filed
2/1/2024, 06:06 PM
Previous filing
Dec 18, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Sale -$321K -2.6K -8.59% $123.30 27.7K Feb 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale was made pursuant to a Rule 10b5-1 trading plan adopted by Ms. Salem-Jackson on August 25, 2023.
F2 Average sale price per share.