Form 4: AKAM Director Purchased 3,000 Shares, Weighted Avg $72.299

Rhea-AI Filing Summary

Daniel Hesse, a director of Akamai Technologies, reported the purchase of 3,000 shares of Akamai common stock on 08/11/2025 at a weighted-average price of $72.299. The filing notes the shares were acquired in multiple transactions with prices ranging from $72.05 to $72.72 and offers to provide per-trade detail on request.

Following the purchases, Mr. Hesse beneficially owned 21,387 shares on a direct basis. The Form 4 discloses only non-derivative purchases and includes a power-of-attorney signature; no dispositions or derivative transactions are reported in this filing.

Insights

Securities Analyst

TL;DR: Director purchased 3,000 Akamai shares at a weighted-average $72.299; routine insider buy with limited market impact.

The Form 4 shows a straightforward non-derivative acquisition: 3,000 common shares acquired on 08/11/2025 at a reported weighted-average price of $72.299, with an indicated per-trade range of $72.05–$72.72. Beneficial ownership after the transaction is listed as 21,387 shares (direct). No option or derivative activity is reported. From a market perspective this is a clear insider purchase disclosure but, based on disclosed size alone, it is not presented as materially transformative to the company’s capital structure.

Corporate Governance Expert

TL;DR: Form 4 appears properly completed; purchase is disclosed with a clarifying footnote and executed via power of attorney.

The filing includes the customary explanatory footnote noting the weighted-average price and per-trade price range, which improves transparency about how the reported price was calculated. The report is signed by a power of attorney, and Table II (derivatives) is empty, indicating no related derivative activity. The disclosure meets routine Section 16 reporting expectations and contains the primary facts investors rely on for insider-trade transparency.

Insider Trade Summary

Net Buyer: 3,000 shares

Net Buy 1 txn

Insider HESSE DANIEL

Role Director

Bought 3,000 shs ($217K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,000	$72.299	$217K

Holdings After Transaction: Common Stock — 21,387 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $72.05 to $72.72, 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 purchased at each separate price within the range set forth in this footnote

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 08/12/2025 - 04:12 PM Learn about SEC filing dates

FAQ

What did Daniel Hesse report on the Form 4 for AKAM?

He reported a purchase of 3,000 shares of Akamai common stock on 08/11/2025 at a weighted-average price of $72.299.

How many AKAM shares does Daniel Hesse own after the reported transaction?

The Form 4 shows direct beneficial ownership of 21,387 shares following the purchases.

What price range covered the reported purchases?

The filing states the weighted-average price was $72.299 and individual trades ranged from $72.05 to $72.72.

Were any derivatives or option transactions reported for AKAM in this filing?

No. Table II contains no entries; the filing discloses only non-derivative common stock purchases.

Who signed the Form 4 for Daniel Hesse?

The Form 4 was signed by Kristin Eberhart by power of attorney on 08/12/2025.

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).

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^*

HESSE DANIEL

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

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	08/11/2025		P		3,000	A	$72.299(1)	21,387	D

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 purchased in multiple transactions at prices ranging from $72.05 to $72.72, 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 purchased at each separate price within the range set forth in this footnote

Remarks:

	/s/ Kristin Eberhart, by power of attorney	08/12/2025
	** 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.