Akamai Technologies EVP & GM Security Executes $882K Rule 10b5-1 Stock Sale
AKAMAI TECHNOLOGIES INC
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Filing Summary
# Insider Trade Alert: AKAMAI TECHNOLOGIES INC ($AKAM)
**Insider:** Sundaram Mani (EVP and GM Security)
**Transaction:** Sale of 7,022 shares of Common Stock
**Price:** $125.62 per share
**Total Value:** $882,103.64
**Date:** September 25, 2026
**Nature of Ownership:** Indirect (The MMMM Family Living Trust)
**Post-Transaction Holdings:** 14,625 shares (Trust) + 194.417 shares (401(k))
**Plan:** Rule 10b5-1 adopted May 22, 2026
Comprehensive Analysis
Executive Summary
On September 28, 2026, Mani Sundaram, Executive Vice President and General Manager of Security at Akamai Technologies Inc ($AKAM), reported selling 7,022 shares of common stock on September 25, 2026. The transaction was carried out at a weighted average price of $125.62 per share, yielding gross proceeds of approximately $882,103.64.
Transaction & Plan Specifics
- Execution: The shares were disposed of through open market transactions ranging in price from $125.05 to $126.05.
- Pre-Arranged Trading Plan: According to footnote disclosures, the sale was conducted under a pre-established Rule 10b5-1 trading plan adopted on May 22, 2026.
- Ownership Structure: The shares were held indirectly through The MMMM Family Living Trust, where Mr. Sundaram serves as trustee. Following the disposition, the trust holds 14,625 shares. Additionally, Mr. Sundaram maintains an indirect holding of 194.417 shares via the company's 401(k) plan.
Significance & Market Context
The transaction represents a routine disposition pursuant to an affirmative 10b5-1 trading plan established four months prior. Given the planned nature of the execution and moderate transaction volume relative to overall float, this filing carries low informational impact regarding forward-looking operational sentiment.
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