[8-K] Akamai Technologies Inc Reports Material Event

Rhea-AI Filing Summary

On July 7, 2025, Akamai Technologies, Inc. filed an 8-K announcing the election of Dr. Janaki Akella and Bas Burger to its Board of Directors, filling two vacancies. The new directors will serve until the 2026 Annual Meeting or until successors are elected. Committee assignments were made immediately: Dr. Akella joins the Audit and Finance Committees, while Mr. Burger joins the Talent, Leadership & Compensation Committee and the Environmental, Social & Governance Committee. Both will receive pro-rated compensation under Akamai’s existing Non-Employee Director Compensation Plan. A press release dated July 8, 2025 (Exhibit 99.1) publicly announced the appointments.

Insights

Corporate Governance Analyst

TL;DR: Two directors added; strengthens committee coverage, limited direct financial impact.

The 8-K is primarily a corporate governance update. Filling board vacancies with seasoned professionals ensures quorum stability and reinforces key committees—particularly Audit, Finance and ESG—areas closely watched by investors and regulators. Compensation follows the pre-approved director plan, so no incremental expense surprises. While governance quality can influence long-term valuation, today’s disclosure carries neutral, non-financial impact for near-term trading.

Portfolio Manager

TL;DR: Governance refresh welcomed; unlikely to move AKAM’s valuation in the short run.

Additions diversify board perspectives ahead of the 2026 meeting and may enhance oversight of strategic capital allocation (Finance Committee) and human-capital issues (TLC Committee). However, the filing contains no operational or earnings data, so portfolio weightings remain unchanged. I view the news as benign with potential incremental long-term benefit.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

July 7, 2025

AKAMAI TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

000-27275

04-3432319

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

145 Broadway

Cambridge, Massachusetts 02142

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (617) 444-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $.01 par value			AKAM			Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective July 7, 2025, Janaki Akella and Bas Burger were elected to fill two vacancies on the Board of Directors (the “Board”) of Akamai Technologies, Inc. (“Akamai” or the “Company”). Dr. Akella and Mr. Burger were elected to serve until the Company’s 2026 Annual Meeting of Stockholders or until their successors are duly appointed and qualified. Dr. Akella was also appointed to the Audit Committee of the Board and the Finance Committee of the Board, and Mr. Burger was appointed to the Talent, Leadership and Compensation Committee of the Board and the Environmental, Social and Governance Committee of the Board.

Dr. Akella and Mr. Burger will receive compensation for their service on the Board consistent with Akamai’s Non-Employee Director Compensation Plan, which was previously filed with the Securities and Exchange Commission as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, subject to proration to reflect the commencement date of their service on the Board.

There are no arrangements or understandings between either Dr. Akella or Mr. Burger and any other person pursuant to which they were elected as directors. Neither Dr. Akella nor Mr. Burger has any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

On July 8, 2025, the Company issued a press release announcing the appointment of Dr. Akella and Mr. Burger to the Board. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.						Description
99.1						Press release dated July 8, 2025
104						Cover page interactive data file (the cover page XBRL tags are embedded within the inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:			July 8, 2025						AKAMAI TECHNOLOGIES, INC.
									/s/ Aaron S. Ahola
									Aaron S. Ahola, Executive Vice President, General Counsel and Corporate Secretary