Form 8-K · Current Report · Filed 2025-05-16
Akamai Technologies, Inc. amends stock incentive plan and eliminates supermajority voting requirements
Akamai Technologies, Inc.'s stockholders approved several key amendments at the annual meeting held on May 14, 2025.
- Filer
- Akamai Technologies Inc. AKAM · NASDAQ
- Filed
- Accession
- 0001086222-25-000181
- CIK
- 0001086222
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Details
These included an increase in the number of shares available for grant under the 2013 Stock Incentive Plan by 8,000,000, the elimination of supermajority voting requirements in the Amended and Restated Certificate of Incorporation, and various other governance-related proposals. The amendments to the Stock Incentive Plan and the Certificate of Incorporation became effective upon filing with the Secretary of State of Delaware on May 14, 2025.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Submission of Matters to a Vote of Security Holders
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$76.51
Next session
+1.8%
Since filing
+50.5%
Latest close
$115.18
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AKAM reporting the same item, with the next session's move:
Exhibits (2)
About Akamai Technologies Inc.
Akamai Technologies Inc. is a leading provider of cloud services for global content delivery, application performance, and secure digital experiences. It plays a crucial role in enabling enterprises to deliver media-rich content efficiently and securely across the internet. Akamai’s robust network infrastructure is renowned for its ability to handle large-scale web traffic, ensuring swift data transfer and reduced latency for users worldwide. The company’s services are pivotal in areas such as media and entertainment, online gaming, software downloads, and e-commerce, where high-speed, uninterrupted service is essential. Additionally, Akamai offers comprehensive security solutions that protect websites and online data from cyber threats, making it a vital partner for businesses seeking to maintain data integrity and secure customer interactions. Based in Cambridge, Massachusetts, Akamai Technologies operates globally, supporting a diverse range of industries with its innovative solutions for digital transformation and cybersecurity.
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