Akamai Technologies Reports Director/Officer Changes & Shareholder Votes

Ticker: AKAM · Form: 8-K · Filed: 2025-05-16T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, director-changes, shareholder-vote

Related Tickers: AKAM

TL;DR

Akamai's board is changing, new execs might be in, and they're voting on stuff.

AI Summary

Akamai Technologies, Inc. filed an 8-K on May 16, 2025, reporting on events that occurred on May 14, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes the submission of matters to a vote of security holders and other events.

Why It Matters

This filing indicates potential shifts in corporate leadership and governance at Akamai Technologies, which could impact strategic direction and investor relations.

Risk Assessment

Risk Level: medium — Changes in directors and officers, along with votes by security holders, can signal internal shifts or strategic decisions that may affect the company's future performance and stock price.

Key Players & Entities

FAQ

What specific changes occurred regarding directors or officers on May 14, 2025?

The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers, though specific names and details are not provided in this summary section.

What types of compensatory arrangements were reported?

The filing mentions 'Compensatory Arrangements of Certain Officers' as an item of information, but specific details of these arrangements are not included in the provided text.

Were any matters submitted to a vote of security holders?

Yes, the filing explicitly states 'Submission of Matters to a Vote of Security Holders' as an item of information.

What is the exact date of the earliest event reported in this 8-K?

The earliest event reported is dated May 14, 2025.

What is Akamai Technologies, Inc.'s state of incorporation and SEC file number?

Akamai Technologies, Inc. is incorporated in Delaware and its SEC file number is 000-27275.

From the Filing

0001086222-25-000181.txt : 20250516 0001086222-25-000181.hdr.sgml : 20250516 20250516170434 ACCESSION NUMBER: 0001086222-25-000181 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250514 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250516 DATE AS OF CHANGE: 20250516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AKAMAI TECHNOLOGIES INC CENTRAL INDEX KEY: 0001086222 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services EIN: 043432319 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27275 FILM NUMBER: 25960368 BUSINESS ADDRESS: STREET 1: 145 BROADWAY CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6174443000 MAIL ADDRESS: STREET 1: 145 BROADWAY CITY: CAMBRIDGE STATE: MA ZIP: 02142 8-K 1 akam-20250514.htm 8-K akam-20250514 0001086222 false 0001086222 2025-05-14 2025-05-14 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 14, 2025 AKAMAI TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 000-27275 04-3432319 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 145 Broadway Cambridge , Massachusetts 02142 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 617 ) 444-3000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value AKAM Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) At the annual meeting of stockholders of Akamai Technologies, Inc. (the “Company” or “Akamai”) held on May 14, 2025 (the “Annual Meeting”), the Company’s stockholders approved Amendment No. 3 to the Akamai Technologies, Inc. Second Amended and Restated 2013 Stock Incentive Plan (the “Second Amended & Restated Plan”), which had previously been adopted by the Board of Directors subject to stockholder approval. The amendment increased the number of shares available for grant under the Second Amended & Restated Plan by 8,000,000. A complete copy of t

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