Karon Adam 4

What Happened Adam Karon, Akamai Technologies' Chief Operating Officer and GM of the Edge Technology Group, sold 4,728 shares of AKAM on March 2, 2026. The shares were disposed at $96.91 each for a total transaction value of approximately $458,190. This was a sale (code S), not a purchase or option exercise.

Key Details

• Transaction date: 2026-03-02
• Transaction type: Open market sale (S)
• Shares sold: 4,728 at $96.91 per share
• Gross proceeds: ~$458,190
• Reporting mechanism: Sale made pursuant to a Rule 10b5-1 plan adopted by Karon on August 22, 2025 (pre-arranged trading plan)
• Beneficial ownership note: Report lists total beneficial ownership that includes 7,111 shares which the reporting person has elected to defer under Akamai’s U.S. Non-Qualified Deferred Compensation Plan (footnote). Beneficial ownership figures are as of February 27, 2026.
• Filing timeliness: Form 4 filed with period/report date 2026-03-02 — appears timely (no late-filing indicator in the filing).

Context

• A 10b5-1 plan means the sale was executed under a pre-established trading arrangement, which is commonly used to avoid questions about trade timing and insider information; it does not necessarily indicate a change in view on the company.
• For retail investors, purchases typically convey stronger signals than routine sales. This single scheduled sale reduces insider holdings but, by itself, does not indicate company performance or insider sentiment beyond the mechanics of the 10b5-1 plan.