Karon Adam 4

What Happened
Karon Adam, Chief Operating Officer and GM of the Edge Technology Group at Akamai Technologies (AKAM), sold 17,000 shares in an open-market sale on March 12, 2026. The reported weighted-average sale price was $107.43, producing proceeds of approximately $1,826,249. This was a sale (not a purchase or option exercise) and therefore is generally considered routine insider selling rather than a bullish buy signal.

Key Details

• Transaction date: 2026-03-12 (filed 2026-03-12).
• Price: weighted average $107.43; actual execution prices ranged $107.39–$107.52 (footnote states multiple trades; breakdown available on request).
• Shares sold: 17,000; Proceeds: ~$1,826,249.
• Shares owned after transaction: the filing notes total beneficial ownership includes 14,222 shares deferred under Akamai’s non‑qualified deferred compensation plan; the filing’s beneficial ownership snapshot is as of March 11, 2026 (no separate post-sale total provided in the summary data).
• Notable footnotes: F1 explains the weighted-average price and range; F2 notes 14,222 shares are deferred under the company’s deferred comp plan; F3 dates the beneficial-ownership info as of Mar 11, 2026.
• Timeliness: The Form 4 was filed on March 12, 2026, the same date of the report — no late filing indicated.

Context: This was an open‑market disposal (sale). Sales by executives can be for many personal or tax reasons and do not necessarily reflect a change in view on the company; they are typically less informative than purchases.