Akamai Technologies (NASDAQ: AKAM) EVP sells 3,100 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies executive Joseph Paul C, EVP - Global Sales, reported an open-market sale of 3,100 common shares on July 15, 2026 at $126.77 per share, executed under a Rule 10b5-1 trading plan adopted on March 4, 2026. Following the sale, he holds 31,572 shares directly and 193.582 shares indirectly through a 401(k) Plan as of July 14, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,100 shares ($392,987)
Net Sell
2 txns
Insider
Joseph Paul C
Role
EVP - Global Sales
Sold
3,100 shs ($393K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,100 | $126.77 | $393K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,572 shares (Direct);
Common Stock — 193.582 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2026. As of July 14, 2026.
Key Figures
Shares sold: 3,100 shares
Sale price: $126.77 per share
Direct holdings after sale: 31,572 shares
+2 more
5 metrics
Shares sold
3,100 shares
Open-market sale of common stock on July 15, 2026
Sale price
$126.77 per share
Price for the 3,100 Akamai common shares sold
Direct holdings after sale
31,572 shares
Direct ownership position following the reported transaction
Indirect 401(k) holdings
193.582 shares
Indirect ownership via 401(k) Plan as of July 14, 2026
Net shares sold
-3,100 shares
Net buy/sell activity across reported transactions
Key Terms
Rule 10b5-1 trading plan, open-market sale, 401(k) Plan
3 terms
Rule 10b5-1 trading plan regulatory
"Sale was made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale of 3,100 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401(k) Plan financial
"193.582 shares held indirectly by 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider stock sale did Akamai (AKAM) disclose for EVP Joseph Paul C?
EVP Global Sales Joseph Paul C sold 3,100 Akamai common shares at $126.77 each on July 15, 2026. The transaction was an open-market sale executed under a pre-adopted Rule 10b5-1 trading plan.
Was the Akamai (AKAM) insider sale made under a Rule 10b5-1 trading plan?
Yes. The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 4, 2026. Such plans typically schedule trades in advance to reduce the impact of discretionary timing.
What indirect Akamai (AKAM) holdings does EVP Joseph Paul C report?
He reports 193.582 Akamai common shares held indirectly via a 401(k) Plan, stated as of July 14, 2026. These holdings are separate from his directly owned 31,572 shares after the reported sale.