AKAMAI TECHNOLOGIES INC·4

Jul 15, 4:05 PM ET

Joseph Paul C 4

Research Summary

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Akamai (AKAM) EVP Joseph Paul C Sells 3,100 Shares

What Happened

  • Joseph Paul C, EVP — Global Sales at Akamai Technologies (AKAM), sold 3,100 shares on July 15, 2026. The shares were disposed at $126.77 per share for total proceeds of approximately $392,987.
  • This was a sale (not a purchase); the filing notes the sale was made pursuant to a Rule 10b5-1 trading plan, which typically indicates a pre-scheduled, routine disposition rather than a discretionary trade.

Key Details

  • Transaction date: July 15, 2026; Price: $126.77 per share; Shares sold: 3,100; Proceeds: ~$392,987.
  • Method: Reported as an open-market/private sale executed pursuant to a Rule 10b5-1 trading plan adopted March 4, 2026 (Footnote F1).
  • Shares owned after transaction: Not specified in the filing; footnote (F2) references holdings "as of July 14, 2026" but no post-sale total is given.
  • Filing: Form 4 filed July 15, 2026 (Period of Report: July 15, 2026); no late filing flag indicated.

Context

  • Sales executed under a 10b5-1 plan are generally pre-planned and do not necessarily reflect the insider's contemporaneous view of the stock. For retail investors, purchases typically carry more immediate interpretive weight than routine, pre-scheduled sales.