Akamai (AKAM) EVP sells 5,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies executive Paul C. Joseph, EVP - Global Sales, reported selling 5,000 shares of common stock on January 15, 2026. The sale was executed at a weighted average price of $90.1749 per share, through multiple trades within a price range of $89.80 to $90.62.
According to the filing, the sale was made under a pre-arranged Rule 10b5-1 trading plan that Mr. Joseph adopted on March 17, 2025. After this transaction, he beneficially owned 17,513 shares of Akamai common stock directly, and 116.279 additional shares indirectly through a 401(k) plan as of January 14, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($450,874)
Net Sell
2 txns
Insider
Joseph Paul C
Role
EVP - Global Sales
Sold
5,000 shs ($451K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $90.1749 | $451K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,513 shares (Direct);
Common Stock — 116.279 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Joseph 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 $89.80 to $90.62, 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 January 14, 2026.
FAQ
What insider transaction did AKAM EVP Paul C. Joseph report?
EVP - Global Sales Paul C. Joseph reported the sale of 5,000 shares of Akamai common stock on January 15, 2026, as shown in the Form 4.
Was the AKAM insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Joseph on March 17, 2025.
What is the relationship of the reporting person to Akamai Technologies (AKAM)?
The reporting person, Paul C. Joseph, is an officer of Akamai Technologies, serving as EVP - Global Sales, and is not listed as a director or 10% owner.
How were the indirect AKAM holdings reported in the Form 4?
The Form 4 shows 116.279 shares of common stock held indirectly, described as "By 401(k) Plan", reflecting beneficial ownership through that plan.