Akamai (NASDAQ: AKAM) COO trims stake with 17,000-share sale

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Karon Adam

(Last) (First) (Middle)

C/O AKAMAI TECHNOLOGIES, INC.

145 BROADWAY

(Street)

CAMBRIDGE MA 02142

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO & GM Edge Technology Group

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/12/2026		S		17,000	D	$107.4264(1)	21,332(2)	D
Common Stock								169.621(3)	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. As of March 11, 2026.

Remarks:

	/s/ Thomas M. Lair, as power of attorney	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Akamai (AKAM) shares did Adam Karon sell and at what price?

Karon sold 17,000 shares of Akamai common stock at a weighted average price of $107.4264 per share. Individual trades occurred between $107.39 and $107.52 per share, as disclosed in the Form 4 footnote.

How many Akamai (AKAM) shares does Adam Karon hold after the reported sale?

Following the sale, Karon directly held 21,332 Akamai shares. He also had 169.621 shares held indirectly through a 401(k) plan, plus additional shares credited through a non-qualified deferred compensation plan, according to the beneficial ownership disclosure.

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.