Akamai Technologies (AKAM) files Form 144 reporting proposed insider share sales

Rhea-AI Filing Summary

Akamai Technologies reported a Form 144 notice of proposed sales of common stock by an insider. The filing lists multiple restricted‑stock lapse entries showing proposed dispositions of specific share lots tied to equity compensation.

The entries include share amounts with corresponding lapse dates; timing and purchaser details for any sales are not shown in the excerpt.

Insights

Securities Compliance Counsel

Form 144 lists proposed dispositions of restricted stock lapses tied to equity compensation.

The excerpt shows multiple Restricted Stock Lapse entries with share counts and lapse dates, which are typical precursors to Rule 144 dispositions when holders intend to sell restricted shares.

Cash‑flow treatment and specific sale mechanics are not shown; subsequent filings or broker reports would show completed transactions.

Key Figures

Restricted stock lapse lot: 937 shares Restricted stock lapse lot: 83 shares Restricted stock lapse lot: 499 shares +2 more

5 metrics

Restricted stock lapse lot 937 shares lapse date <date>02/13/2021</date>

Restricted stock lapse lot 83 shares lapse date <date>02/14/2021</date>

Restricted stock lapse lot 499 shares lapse date <date>03/01/2021</date>

Restricted stock lapse lot 781 shares lapse date <date>03/03/2021</date>

Filer reference number 145385451 appears in filer information block

Key Terms

Restricted Stock Lapse, Form 144, Equity Compensation

3 terms

Restricted Stock Lapse financial

"Entries listed as "Restricted Stock Lapse" next to share lots and dates"

Form 144 regulatory

"Header indicates the filing type as "144: Securities To Be Sold""

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Equity Compensation financial

"Each lapse entry is labeled "Equity Compensation" in the excerpt"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	2300	311811.00	145385451	06/10/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/13/2021	Restricted Stock Lapse	Akamai Technologies, Inc.			937	02/13/2021	Equity Compensation
Common	02/14/2021	Restricted Stock Lapse	Akamai Technologies, Inc.			83	02/14/2021	Equity Compensation
Common	03/01/2021	Restricted Stock Lapse	Akamai Technologies, Inc.			499	03/01/2021	Equity Compensation
Common	03/03/2021	Restricted Stock Lapse	Akamai Technologies, Inc.			781	03/03/2021	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Akamai's Form 144 filing mean for shareholders?

It notifies the SEC of proposed sales by an insider under Rule 144. The filing lists specific restricted stock lapses and share amounts, indicating the insider intends to sell eligible shares after vesting. The filing itself does not confirm executed trades or proceeds.

How many shares are listed in the Akamai Form 144 excerpt?

The excerpt lists specific lots of restricted stock lapses: 937, 83, 499, and 781 shares with associated lapse dates. These are individual lot amounts shown in the filing excerpt.

Does a Form 144 mean the shares have already been sold?

No. Form 144 is a notice of proposed sale under Rule 144. It indicates the reporting person may sell restricted shares but does not prove a sale occurred. Execution details and proceeds are disclosed in subsequent reports or trading data if trades occur.

Where can I find when the listed restricted shares vested or lapsed?

The excerpt shows lapse dates for each lot such as 02/13/2021, 02/14/2021, 03/01/2021, and 03/03/2021. Those dates are provided alongside each restricted stock lapse entry in the filing.