William Raymond Wagner - 28 May 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Director
Signature
/s/ Thomas M. Lair, as power of attorney
Issuer symbol
AKAM
Transactions as of
28 May 2024
Net transactions value
-$93,540
Form type
4
Filing time
28 May 2024, 16:55:09 UTC
Previous filing
13 May 2024
Next filing
10 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Sale $93,540 -1,000 -6.4% $93.54 14,519 28 May 2024 Direct F1
* 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 Mr. Wagner on February 26, 2024.