Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AKAM | Common Stock | Sale | -$355K | -4K | -13.03% | $88.63 | 26.7K | Nov 15, 2024 | See footnote | F1, F2, F3 |
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).
Id | Content |
---|---|
F1 | Held by PJ Joseph Trust 2020 for which the Reporting Person serves as trustee. |
F2 | Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Joseph on May 19, 2024. |
F3 | The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $88.2450 to $88.8100, 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 purchased at each separate price within the range set forth in this footnote. |