---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-157524"
form_type: "8-K"
ticker: null
cik: "0001391127"
company_name: "Edgio, Inc."
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:30:53.594312+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Edgio CTO Ajay Kapur steps down; receives severance and retention payments

## Summary
- Ajay Kapur resigned as Edgio's CTO effective June 7, 2024; no disagreements stated.
- Severance includes $213,467 salary over 12 months, vesting of 35,619 RSUs/PRSUs, and $106,250 bonus for 2024.
- Kapur receives final Merger Agreement retention payment of $846,499 and 5,739 shares on July 1, 2024.

## SEC filing metadata
- accession: 0001193125-24-157524
- form_type: 8-K
- cik: 0001391127
- company_name: Edgio, Inc.
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391127/000119312524157524/0001193125-24-157524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391127/000119312524157524/d771155d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-157524
- JSON: https://secwatch.observer/filing/0001193125-24-157524.json
- Plain text: https://secwatch.observer/filing/0001193125-24-157524.txt

## Key facts
- Executive change
  Ajay Kapur departed as Chief Technology Officer at Edgio, Inc..
  - Action: stepped down
  - Role: Chief Technology Officer
  source text: On June 7, 2024, Edgio, Inc. (the “Company”) announced that Ajay Kapur has stepped down as Chief Technology Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391127/000119312524157524/0001193125-24-157524-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.