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Akamai Technologies (AKAM) CFO discloses 6,560-share Rule 10b5-1 sale

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

Rhea-AI Filing Summary

Akamai Technologies’ Chief Financial Officer, Mr. McGowan, reported selling 6,560 shares of Akamai common stock on December 15, 2025 at $88.03 per share. The sale was made pursuant to a Rule 10b5-1 Plan that he adopted on September 4, 2025. Following this transaction, he beneficially owns 16,442 shares directly, which includes 9,190 shares for which he has elected to defer receipt under Akamai’s Amended and Restated U.S. Non-Qualified Deferred Compensation Plan, and 66.676 shares held indirectly through a 401(k) plan as of December 12, 2025.

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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*
McGowan Edward J

(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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
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 12/15/2025 S(1) 6,560 D $88.03 16,442(2) D
Common Stock 66.676(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 Plan adopted by Mr. McGowan on September 4, 2025.
2. Total shares beneficially owned includes 9,190 shares of which Mr. McGowan has elected to defer receipt pursuant to the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.
3. As of December 12, 2025.
Remarks:
/s/ Thomas M. Lair, as power of attorney 12/15/2025
** 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.

FAQ

What insider stock transaction did Akamai (AKAM) disclose for its CFO?

The filing shows that Akamai Technologies’ Chief Financial Officer, Mr. McGowan, sold 6,560 shares of Akamai common stock on December 15, 2025 at a price of $88.03 per share.

Was the Akamai CFO’s share sale made under a Rule 10b5-1 trading plan?

Yes. The filing states that the sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. McGowan on September 4, 2025, which is a pre-arranged trading plan for equity securities.

How many Akamai shares does the CFO own after the reported transaction?

After the sale, Mr. McGowan beneficially owns 16,442 shares directly, and this total includes 9,190 shares he has elected to defer receiving. He also holds 66.676 shares indirectly through a 401(k) plan as of December 12, 2025.

What does the deferred compensation footnote in the Akamai CFO filing mean?

The footnote explains that the 16,442 shares beneficially owned directly by Mr. McGowan include 9,190 shares for which he has elected to defer receipt under the Akamai Technologies, Inc. Amended and Restated U.S. Non-Qualified Deferred Compensation Plan.

How are the Akamai CFO’s 401(k) holdings reported in the filing?

The filing lists an indirect holding of 66.676 shares of Akamai common stock held by a 401(k) Plan, with a notation that this amount is as of December 12, 2025.

Akamai Technologies Inc

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12.62B
140.84M
1.97%
98.76%
7.36%
Software - Infrastructure
Services-business Services, Nec
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United States
CAMBRIDGE