Akamai (NASDAQ: AKAM) COO trims stake with 17,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies executive Adam Karon, COO & GM Edge Technology Group, sold 17,000 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $107.4264 per share, with individual trade prices ranging from $107.39 to $107.52.
After the sale, Karon directly held 21,332 shares of Akamai common stock and also had 169.621 shares held indirectly through a 401(k) plan. Total beneficial ownership also includes 14,222 shares Karon has elected to defer under Akamai’s non-qualified deferred compensation plan, as of March 11, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,000 shares ($1,826,249)
Net Sell
2 txns
Insider
Karon Adam
Role
COO & GM Edge Technology Group
Sold
17,000 shs ($1.83M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,000 | $107.4264 | $1.83M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,332 shares (Direct);
Common Stock — 169.621 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.39 to $107.52, 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. Total shares beneficially owned includes 14,222 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. As of March 11, 2026.
FAQ
What did Akamai (AKAM) executive Adam Karon report in this Form 4?
Adam Karon reported selling 17,000 Akamai shares of common stock in an open-market transaction. The filing also shows his remaining direct and indirect holdings, including deferred shares under a non-qualified deferred compensation plan.
What type of transaction did Adam Karon execute in Akamai (AKAM) stock?
The Form 4 shows an open-market sale of common stock by Adam Karon, coded as a "S" transaction. This represents a discretionary sale rather than an automatic grant, tax withholding, or derivative exercise event.
What does the price range in Adam Karon’s Akamai (AKAM) sale mean?
The filing reports a weighted average sale price of $107.4264 per share, with individual trades priced from $107.39 to $107.52. This means the 17,000 shares were sold in multiple trades within that disclosed price range.
Does Adam Karon have indirect or deferred Akamai (AKAM) holdings?
Yes. The Form 4 shows 169.621 shares held indirectly through a 401(k) plan and notes that total beneficial ownership includes 14,222 deferred shares under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.