Trade Summary
3 days ago, Karon Adam, serving as COO, GM Edge Technology Group at Akamai Technologies Inc (AKAM), sold 17,000 shares at $107.43 per share, for a total transaction value of $1,826,249.00. Following this transaction, Karon Adam now holds 21,502 shares of AKAM.
This sale represents a 44.00% decrease in Karon Adam's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, March 12, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, meaning the disclosure happened on the same day as the trade.
Akamai Technologies Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.