Family trust tied to Akamai (NASDAQ: AKAM) EVP sells 1,722 shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 1,722 shares ($169,755)
Net Sell
2 txns
Insider
Sundaram Mani
Role
EVP and GM Security
Sold
1,722 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,722 | $98.58 | $170K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,647 shares (Indirect, See footnote)
Footnotes (1)
- Sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 25, 2025. Held by The MMMM Family Living Trust, of which the Reporting Person is a trustee. As of March 9, 2026.
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.