{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-237084","form_type":"8-K","ticker":"AKAM","cik":"0001086222","company_name":"AKAMAI TECHNOLOGIES INC","filed_at":"2026-05-22T20:44:37+00:00","discovered_at":"2026-05-22T20:45:01.391830+00:00","generated_at":"2026-05-22T20:47:14.483686+00:00","sec_items":["1.01","8.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"confidence":"high","headline":"Akamai closes $3.5B zero-coupon convertible note offering; repurchases $350M in stock","bullets":["Issued $1.75B in 0.00% Convertible Senior Notes due 2030 and $1.75B due 2032.","Used $236.6M of net proceeds for convertible note hedge transactions; $350M to repurchase 2,476,298 shares at $141.34/share.","Remaining proceeds for Cloud Infrastructure Services (CIS) capex build-out and general corporate purposes.","Convertible note hedge and warrant transactions entered with dealers to reduce potential dilution upon conversion.","Initial conversion prices: ~$201.41 (2030) and ~$190.81 (2032), representing ~42.5% and ~35% premiums over $141.34 closing price."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-237084","json":"https://secwatch.observer/filing/0001193125-26-237084.json","markdown":"https://secwatch.observer/filing/0001193125-26-237084.md","text":"https://secwatch.observer/filing/0001193125-26-237084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1086222/000119312526237084/0001193125-26-237084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1086222/000119312526237084/d144441d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T20:47:14.483686+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}