McGowan Edward J 4

4 · AKAMAI TECHNOLOGIES INC · Filed Mar 10, 2026

AI-generated summary of this filing

Updated Mar 10, 2026

Akamai (AKAM) CFO Edward McGowan Sells Shares

What Happened

Edward J. McGowan, CFO of Akamai Technologies, sold a total of 13,745 shares on March 10, 2026 in two open-market transactions for combined proceeds of about $1,390,925. The first block was 9,734 shares at a weighted average price of $100.97 (≈ $982,821). The second was 4,011 shares at a weighted average price of $101.75 (≈ $408,104). These were sales (not purchases), which are often routine insider liquidity events.

Key Details

Transaction date: March 10, 2026 (filing date: March 10, 2026). No late filing indicated in the provided details.
Prices and ranges:
- 9,734 shares at weighted avg $100.97 (individual trades ranged $100.485–$101.45).
- 4,011 shares at weighted avg $101.75 (individual trades ranged $101.52–$101.99).
Total proceeds: ≈ $1,390,925.
Ownership note: The filing indicates beneficial ownership includes 29,800 shares that McGowan has elected to defer under Akamai’s U.S. Non‑Qualified Deferred Compensation Plan. The exact total shares owned after these sales is not specified in the excerpt.
Plan note: The sales were made pursuant to a Rule 10b5-1 trading plan adopted by McGowan on September 4, 2025 (pre-arranged plan).

Context

Rule 10b5-1 plans let insiders execute pre-set trades on a schedule, which can reduce the likelihood that a sale reflects a change in sentiment about the company; they are commonly used for routine selling. This filing shows dispositions (sales), not purchases or option exercises.

Form 4

Period: 2026-03-10

Chief Financial Officer

Transactions

Holdings

Footnotes (5)

[F1]Sale was made pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on September 4, 2025.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.485 to $101.45, 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 sold at each separate price within the range set forth in this footnote.
[F3]Total shares beneficially owned includes 29,800 shares of which the Reporting Person has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.52 to $101.99, 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 sold at each separate price within the range set forth in this footnote.
[F5]As of March 9, 2026.

Signature

/s/ Thomas M. Lair, as power of attorney|2026-03-10

1 file