STOCK TITAN

Family trust tied to Akamai (NASDAQ: AKAM) EVP sells 1,722 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

A family trust associated with Akamai Technologies executive Mani Sundaram reported an open-market sale of 1,722 shares of Akamai common stock. The sale took place on March 9, 2026 at a price of $98.58 per share and was executed under a Rule 10b5-1 trading plan adopted on August 25, 2025.

Following this transaction, 21,647 shares of Akamai common stock were held indirectly by The MMMM Family Living Trust, of which Sundaram is a trustee, as of March 9, 2026. In addition, 163.509 shares were held indirectly through a 401(k) Plan.

Positive

  • None.

Negative

  • None.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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*
Sundaram Mani

(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)
EVP and GM Security
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 S(1) 1,722 D $98.58 21,647 I See footnote(2)
Common Stock 163.509(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. Sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 25, 2025.
2. Held by The MMMM Family Living Trust, of which the Reporting Person is a trustee.
3. As of March 9, 2026.
Remarks:
/s/ Thomas M. Lair, as power of attorney 03/09/2026
** 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 insider transaction did Akamai (AKAM) executive Mani Sundaram report?

Mani Sundaram reported an indirect sale of 1,722 shares of Akamai common stock. The trade was an open-market sale executed on March 9, 2026 by a family trust associated with him.

At what price were the Akamai (AKAM) shares sold in Mani Sundaram’s recent transaction?

The indirect sale was executed at a price of $98.58 per share. This price applies to the 1,722 shares of Akamai common stock sold in the open-market transaction reported for March 9, 2026.

Who actually held the Akamai (AKAM) shares sold in Mani Sundaram’s Form 4 filing?

The sold shares were held by The MMMM Family Living Trust, not directly by Mani Sundaram. The filing states the shares are held by this family living trust, where Sundaram serves as a trustee.

How many Akamai (AKAM) shares did the associated trust hold after the reported sale?

After the reported transaction, the associated trust held 21,647 shares of Akamai common stock. This total is reported as the shares indirectly owned following the sale as of March 9, 2026.

Was Mani Sundaram’s Akamai (AKAM) share sale under a Rule 10b5-1 trading plan?

Yes. The filing states the sale was made under a Rule 10b5-1 trading plan. That plan was adopted on August 25, 2025, providing a pre-arranged framework for executing the March 9, 2026 sale.

Does Mani Sundaram have additional Akamai (AKAM) shares in a retirement plan?

Yes. The filing reports 163.509 shares of Akamai common stock held indirectly by a 401(k) Plan. These shares are separate from the 21,647 shares held indirectly through The MMMM Family Living Trust.
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