Akamai (AKAM) EVP Paul C. Joseph sells 5,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies EVP – Global Sales Paul C. Joseph reported selling a total of 5,000 shares of Common Stock on March 16, 2026 in open-market transactions. The sales occurred at weighted average prices of $105.8858, $106.7328, and $108.00 per share.
These transactions were executed under a Rule 10b5-1 trading plan adopted on March 17, 2025, indicating they were pre‑scheduled. After the sales, Joseph directly holds 34,533 shares, and an additional 165.196 shares are held indirectly through a 401(k) plan as of March 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($531,256)
Net Sell
4 txns
Insider
Joseph Paul C
Role
EVP - Global Sales
Sold
5,000 shs ($531K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,967 | $105.8858 | $314K |
| Sale | Common Stock | 1,950 | $106.7328 | $208K |
| Sale | Common Stock | 83 | $108.00 | $9K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,566 shares (Direct);
Common Stock — 165.196 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.39 to $106.35, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.41 to $107.32, 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. As of March 13, 2026.
FAQ
What insider transaction did Akamai (AKAM) report for EVP Paul C. Joseph?
Akamai reported that EVP – Global Sales Paul C. Joseph sold 5,000 shares of Common Stock. The open-market sales took place on March 16, 2026, at weighted average prices between roughly $105.39 and $108.00 per share, according to detailed price ranges disclosed.
Were the March 2026 Akamai (AKAM) insider sales by Paul C. Joseph pre-planned?
Yes, the filing states the sales were made under a Rule 10b5-1 trading plan. That plan was adopted on March 17, 2025, meaning the transactions were pre-scheduled rather than discretionary, which typically reduces the signaling value of their exact timing for investors.
What prices were received in the March 16, 2026 Akamai (AKAM) insider sales?
The reported weighted average sale prices were $105.8858, $106.7328, and $108.00 per share. Footnotes explain these are averages for multiple trades within ranges from $105.39 to $107.32, and more granular trade data is available upon request from the reporting person.
What role does Paul C. Joseph hold at Akamai (AKAM) in this Form 4 filing?
In this Form 4, Paul C. Joseph is identified as Akamai’s EVP – Global Sales. His reported transactions involve sales of the company’s Common Stock and reflect activity by a senior operating executive, not a director or 10% beneficial owner, according to the filing details.
Does the Akamai (AKAM) Form 4 show any remaining derivative positions for Paul C. Joseph?
No derivative positions are listed in the derivative section of this Form 4 for Paul C. Joseph. The derivativeSummary is empty, so only non-derivative Common Stock holdings and transactions are disclosed in this particular filing, without any options or other convertible securities shown.