secwatch / observer

AKAMAI TECHNOLOGIES INC — fact timeline

Source-grounded facts extracted from AKAMAI TECHNOLOGIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AKAM AKAMAI TECHNOLOGIES INC JSON
Equity Issuances

AKAMAI TECHNOLOGIES INC issued convertible note to each of J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, BofA Securities, Inc. and Goldman Sachs & Co. LLC as representatives of the several initial purchasers for $1.75 billion aggregate principal amount of 2030 Notes and $1.75 billion aggregate principal amount of 2032 Notes.

“The Notes were sold in a private placement under a purchase agreement, dated as of May 19, 2026, entered into by and between Akamai and each of J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, BofA Securities, Inc. and Goldman Sachs & Co. LLC as representatives of the several initial purchasers named therein (collectively, the “Initial Purchasers”), for resale to persons reasonably believed to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).”
Material Agreements

AKAMAI TECHNOLOGIES INC entered into purchase agreement with J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, BofA Securities, Inc. and Goldman Sachs & Co. LLC as representatives of the several initial purchasers valued at $1.75 billion (effective 2026-05-19).

“On May 22, 2026, Akamai Technologies, Inc. (“Akamai”) completed its previously announced offering of 0.00% Convertible Senior Notes due 2030 (the “2030 Notes”) and 0.00% Convertible Senior Notes due 2032 (the “2032 Notes” and, together with the 2030 Notes, the “Notes”). The Notes were sold in a private placement under a purchase agreement, dated as of May 19, 2026, entered into by and between Akamai and each of J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, BofA Securities, Inc. and Goldman Sachs & Co. LLC as representatives of the several initial purchasers named therein (collectively, the “Initial Purchasers”), for resale to persons reasonably believed to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).”
Material Agreements

AKAMAI TECHNOLOGIES INC amended Third Amendment with the financial institutions identified therein as lenders and JPMorgan Chase Bank, N.A., as administrative agent (effective 2026-05-18).

“On May 18, 2026, Akamai Technologies, Inc. (“Akamai”) entered into an Amendment No. 3 (the “Third Amendment”), by and among Akamai, the financial institutions identified therein as lenders and JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), which amends that certain Credit Agreement (the “Credit Agreement”), dated November 22, 2022”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders rejected Shareholder advisory proposal requesting the Company to provide a report on political spending.

“8. The shareholder advisory proposal requesting the Company to provide a report on political spending was not approved. For 51,672,517 Against 61,327,122 Abstain 909,277 Broker Non-Votes 8,816,773”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-12-31 meeting.

“7. The selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026 was ratified. For 111,385,849 Against 11,277,518 Abstain 62,322”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Proposal relating to the adjournment of the Annual Meeting to solicit additional proxies, if necessary.

“6. Proposal 6 relating to the adjournment of the Annual Meeting to solicit additional proxies, if necessary, was approved. For 69,588,568 Against 53,064,500 Abstain 72,621”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Amendment to the Company’s Amended and Restated Certificate of Incorporation to authorize certain stockholders to call a special meeting of stockholders.

“5. The Company’s Amended and Restated Certificate of Incorporation to authorize certain stockholders to call a special meeting of stockholders was approved. For 113,218,217 Against 628,597 Abstain 62,102 Broker Non-Votes 8,816,773”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Non-binding advisory proposal on the compensation of the Company’s named executive officers.

“4. A non-binding, advisory proposal on the compensation of the Company’s named executive officers was approved. For 102,401,186 Against 10,534,958 Abstain 972,772 Broker Non-Votes 8,816,773”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Approval of the Company's 2026 Employee Stock Purchase Plan.

“3. The Company's 2026 Employee Stock Purchase Plan was approved. For 111,878,925 Against 2,000,845 Abstain 29,146 Broker Non-Votes 8,816,773”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Amendment of the Akamai Technologies, Inc. Second Amended and Restated 2013 Stock Incentive Plan.

“2. The amendment of the Akamai Technologies, Inc. Second Amended and Restated 2013 Stock Incentive Plan was approved. For 66,180,915 Against 47,672,263 Abstain 55,738 Broker Non-Votes 8,816,773”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Election of Directors.

“1. The following nominees were elected to the Company’s Board of Directors for terms expiring at the 2027 annual meeting of stockholders. Nominees For Against Abstain Broker Non-Votes Janaki Akella 104,263,508 9,580,136 65,272 8,816,773 Sharon Bowen 112,713,721 1,130,456 64,739 8,816,773 Marianne Brown 112,786,758 1,048,217 73,941 8,816,773 Bas Burger 110,978,995 2,863,268 66,653 8,816,773 Dan Hesse 112,057,775 1,787,218 63,923 8,816,773 Tom Killalea 111,618,223 2,217,003 73,690 8,816,773 Tom Leighton 112,447,795 1,405,284 55,837 8,816,773 Jonathan Miller 109,838,007 4,002,208 68,701 8,816,773 Madhu Ranganathan 112,366,985 1,483,119 58,812 8,816,773”
Governance Changes

AKAMAI TECHNOLOGIES INC: Adopted amended and restated by-laws to conform and implement the special meeting right for stockholders owning at least 25% of shares (effective 2026-05-13).

“the adoption of the Amended and Restated By-Laws of the Company”
Governance Changes

AKAMAI TECHNOLOGIES INC: Amended and restated certificate of incorporation to require secretary to call special meeting upon written request of stockholders owning at least 25% of outstanding shares (effective 2026-05-13).

“to require the Secretary of the Company to call a special meeting of stockholders upon the written request of stockholders or beneficial owners beneficially owning at least 25% of the Company’s issued and outstanding shares of capital stock”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported the fiscal quarter ended March 31, 2026 results: revenue $1.074 billion, net income GAAP net income was $106 million, EPS GAAP net income per diluted share was $0.71. Guidance reaffirmed.

“Investor Relations Akamai Technologies Akamai Technologies AkamaiPR@akamai.com mstouten@akamai.com AKAMAI REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS First quarter revenue of $1.074 billion, up 6% year-over-year and up 4% when adjusted for foreign exchange* Cloud Infrastructure Services revenue of $95 million, up 40% year-over-year and up 39% when adjusted for”
Governance Changes

AKAMAI TECHNOLOGIES INC: Reduced voting threshold for stockholders to amend the bylaws from seventy-five percent to majority (effective 2025-09-10).

“Reduce the existing voting threshold for stockholders to amend the bylaws from seventy-five percent (75%) to a majority of the shares of the Company's capital stock issued and outstanding and entitled to vote thereon;”
Governance Changes

AKAMAI TECHNOLOGIES INC: Reduced voting threshold for stockholders to remove directors from two-thirds to majority (effective 2025-09-10).

“Reduce the existing voting threshold for stockholders to remove directors (with or without cause) from two-thirds (2/3s) to a majority of the shares of the Company's capital stock issued and outstanding and entitled to vote at an election of directors;”
Debt Financings

AKAMAI TECHNOLOGIES INC incurred convertible notes of $1,725,000,000 with Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC at 0.25% per year, payable semiannually in arrears on May 15 and November 15 of eac maturing May 15, 2033.

“buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the Notes sold in the offering was $1.725 billion, which includes $225.0 million in aggregate principal amount of Notes issued pursuant to the Initial Purchasers’ option to purchase Notes on the same terms and conditions, which”
Debt Financings

AKAMAI TECHNOLOGIES INC amended revolving credit of increases the aggregate revolving commitments under the Credit Agreement from $500.0 million to $1.0 billion with JPMorgan Chase Bank, N.A., as administrative agent maturing extends the maturity date from November 22, 2027 to November 22, 2028.

“On May 12, 2025, Akamai Technologies, Inc. (“Akamai”) entered into an Amendment No. 2 (the “Second Amendment”), by and among Akamai, the financial institutions identified therein as lenders and JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), which amends that certain Credit Agreement (the “Credit Agreement”), dated November 22, 2022 (as amended on April 17, 2025), by and among Akamai, the financial institutions party thereto from time to time as lenders and the Agent. The Second Amendment, among other things, (i) increases the aggregate revolving commitments under the Credit Agreement from $500.0 million to $1.0 billion, (ii) extends the maturity date from November 22, 2027 to November 22, 2028, (iii) reduces the maximum aggregate amount of additional increases to the commitments from $500.0 million to $0 and (iv) reduces the number of additional permitted maturity extensions from two to one.”

Bill Wagner resigned as Director at AKAMAI TECHNOLOGIES INC.

“On February 24, 2025, Bill Wagner, a member of the Board of Directors (the “Board”) of Akamai Technologies, Inc. (the “Company”), notified the Company of his intent to resign from the Board, effective immediately, due to his acceptance of a new role as Chief Executive Officer of Semrush Holdings, Inc.”

Bill Wagner resigned as member of the Board of Directors at AKAMAI TECHNOLOGIES INC.

“On February 24, 2025, Bill Wagner, a member of the Board of Directors (the “Board”) of Akamai Technologies, Inc. (the “Company”), notified the Company of his intent to resign from the Board, effective immediately, due to his acceptance of a new role as Chief Executive Officer of Semrush Holdings, Inc.”
Governance Changes

AKAMAI TECHNOLOGIES INC: Stockholders approved an Amended and Restated Certificate of Incorporation to limit liability of certain officers and make clarifying changes (effective 2024-05-16).

“The Amended and Restated Certificate of Incorporation became effective upon filing with the Secretary of State of the State of Delaware on May 16, 2024.”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Shareholder proposal regarding a simple majority vote.

“The shareholder proposal regarding a simple majority vote was approved. For 107,351,124 Against 8,844,158 Abstain 141,595 Broker Non-Votes 6,904,569”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2024 at the 2024-12-31 meeting.

“The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2024 was ratified.”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved The Company's Amended and Restated Certificate of Incorporation to limit the liability of certain officers and certain additional clarifying changes.

“The Company's Amended and Restated Certificate of Incorporation to limit the liability of certain officers and certain additional clarifying changes was approved.”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved A non-binding, advisory proposal on the compensation of the Company's named executive officers.

“A non-binding, advisory proposal on the compensation of the Company's named executive officers was approved.”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved The amendment of the Akamai Technologies, Inc. Second Amended and Restated 2013 Stock Incentive Plan.

“The amendment of the Akamai Technologies, Inc. Second Amended and Restated 2013 Stock Incentive Plan was approved.”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Election of Directors.

“The following nominees were elected to the Company's Board of Directors for terms expiring at the 2025 annual meeting of stockholders.”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported first quarter ended March 31, 2024 results: revenue $987 million, net income GAAP net income per diluted share of $1.11, EPS GAAP net income per diluted share was $1.11.

“AKAMAI REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS First quarter revenue of $987 million”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported the full-year ended December 31, 2023 results: revenue $3.812 billion, net income $548 million, EPS $3.52.

“Total revenue for 2023 was $3.812 billion compared to $3.617 billion for 2022, up 5% year-over-year and up 6% when adjusted for foreign exchange.”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported the fourth quarter and full-year ended December 31, 2023 results: revenue $995 million, net income $161 million, EPS $1.03.

“646-320-4107 617-274-7130 gsorice@akamai.com tbarth@akamai.com AKAMAI REPORTS FOURTH QUARTER 2023 AND FULL-YEAR 2023 FINANCIAL RESULTS Fourth quarter highlights • Revenue of $995 million, up 7% year-over-year and when adjusted for foreign exchange* • Security and compute revenue represented 61% of total revenue in the fourth quarter and grew 18% year-over-year”
Earnings Releases

AKAMAI TECHNOLOGIES INC updated its the fourth quarter and full-year 2023 guidance (raised).

“Guidance increased for full-year revenue and non-GAAP diluted EPS*”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported the third quarter ended September 30, 2023 results: revenue $965 million, net income $161 million, EPS $1.04. Guidance raised.

“Technologies Akamai Technologies 646-320-4107 617-274-7130 gsorice@akamai.com tbarth@akamai.com AKAMAI REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS Third quarter revenue of $965 million, up 9% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 61% of total revenue in the third quarter and combined grew 20%”
Governance Changes

AKAMAI TECHNOLOGIES INC: Amendment to by-laws to add proxy access provisions for director nominations (effective 2023-09-13).

“On September 13, 2023, the board of directors (the “Board”) of Akamai Technologies, Inc. (the “Company”) approved an amendment to the Company’s amended and restated by-laws (the “Amendment”), effective immediately.”
Debt Financings

AKAMAI TECHNOLOGIES INC incurred convertible notes of $1,100,000,000 in aggregate principal amount with U.S. Bank Trust Company, National Association at 1.125% per year maturing February 15, 2029.

“completed its previously announced offering of $1,100,000,000 in aggregate principal amount of its 1.125% Convertible Senior Notes due February 15, 2029”
Material Agreements

AKAMAI TECHNOLOGIES INC entered into 1.125% Convertible Senior Notes due February 15, 2029 with Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and BofA Securities, Inc. valued at $1,100,000,000 aggregate principal amount of 1.125% Convertible Senior Notes due February 15, 2029 (effective 2023-08-18).

“On August 18, 2023, Akamai Technologies, Inc. (“Akamai”) completed its previously announced offering of $1,100,000,000 in aggregate principal amount of its 1.125% Convertible Senior Notes due February 15, 2029 (the “Notes”).”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-12-31 meeting.

“5. The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023 was ratified. For 118,460,978 Against 10,066,829 Abstain 113,773”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Non-binding advisory proposal on the frequency of advisory votes on executive compensation.

“4. A non-binding advisory proposal on the frequency of advisory proposals on the compensation of the Company’s named executive officers was approved. 1 Year 118,490,155 2 Years 42,655 3 Years 2,617,556 Abstain 143,368 Broker Non-Votes 7,347,846”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Non-binding advisory proposal on the compensation of named executive officers.

“3. A non-binding, advisory proposal on the compensation of the Company’s named executive officers was approved. For 106,503,287 Against 14,262,162 Abstain 528,285 Broker Non-Votes 7,347,846”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Amendment of the Second Amended and Restated 2013 Stock Incentive Plan.

“2. The amendment of the Akamai Technologies, Inc. Second Amended and Restated 2013 Stock Incentive Plan was approved. For 104,474,021 Against 16,371,537 Abstain 448,176 Broker Non-Votes 7,347,846”
Shareholder Votes

AKAMAI TECHNOLOGIES INC shareholders approved Election of Directors.

“1. The following nominees were elected to the Company’s Board of Directors for terms expiring at the 2024 annual meeting of stockholders. Nominees For Against Abstain Broker Non-Votes Sharon Bowen 118,677,394 2,485,968 130,372 7,347,846 Marianne Brown 119,688,690 1,489,314 115,730 7,347,846 Monte Ford 114,189,637 6,976,527 127,570 7,347,846 Dan Hesse 116,987,990 4,161,352 144,392 7,347,846 Tom Killalea 108,900,899 12,257,541 135,294 7,347,846 Tom Leighton 120,585,176 584,945 123,613 7,347,846 Jonathan Miller 117,449,251 3,712,695 131,788 7,347,846 Madhu Ranganathan 109,334,672 11,834,319 124,743 7,347,846 Ben Verwaayen 113,474,479 7,684,613 134,642 7,347,846 Bill Wagner 119,251,823 1,894,490 147,421 7,347,846”
Earnings Releases

AKAMAI TECHNOLOGIES INC updated its the fiscal quarter ended March 31, 2023 guidance (raised).

“On May 9, 2023, Akamai Technologies, Inc. announced its financial results for the fiscal quarter ended March 31, 2023.”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported the fiscal year ended December 31, 2022 results: revenue $3.617 billion, net income $524 million, EPS $3.26 per diluted share.

“down 8% when adjusted for foreign exchange*, and non-GAAP EPS* of $1.37, down 8% year-over-year and down 2% when adjusted for foreign exchange* Full-year highlights • Revenue of $3.617 billion, up 4% year-over-year and up 8% when adjusted for foreign exchange* • Security and compute revenue represented 54% of total revenue in 2022 and grew 23% year-over-year and 27%”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported the fourth quarter ended December 31, 2022 results: revenue $928 million, net income $129 million, EPS $0.82 per diluted share.

“646-320-4107 617-274-7130 gsorice@akamai.com tbarth@akamai.com AKAMAI REPORTS FOURTH QUARTER 2022 AND FULL-YEAR 2022 FINANCIAL RESULTS Fourth quarter highlights • Revenue of $928 million, up 2% year-over-year and up 6% when adjusted for foreign exchange* • Security and compute revenue represented 55% of total revenue in the fourth quarter and grew 18%”
Governance Changes

AKAMAI TECHNOLOGIES INC: On December 13, 2022, the Board adopted Amended and Restated Bylaws effective immediately, making various changes including enhancements to stockholder nomination and proposal procedures, adjustments to advance notice deadlines, and modifications to reflect recent DGCL amendments and SEC universal p (effective 2022-12-13).

“On December 13, 2022, in connection with a periodic review of the bylaws of Akamai Technologies, Inc. (the “ Company ”) including the effectiveness of new Securities and Exchange Commission rules regarding universal proxy cards and certain recent changes to the Delaware General Corporation Law (the “ DGCL ”), the Company’s board of directors (the “ Board ”) adopted amended and restated bylaws (the “ Amended and Restated Bylaws ”), effective immediately.”
Debt Financings

AKAMAI TECHNOLOGIES INC incurred revolving credit of $500 million with JPMorgan Chase Bank, N.A. at Adjusted Term SOFR Rate plus an interest margin that varies between 0.75% and 1. maturing November 22, 2027.

“On November 22, 2022, Akamai Technologies, Inc. (the “Registrant”) entered into a $500 million five-year, revolving credit agreement (the “Credit Agreement”) with the financial institutions identified therein as Lenders and JPMorgan Chase Bank, N.A., as Administrative Agent.”
Material Agreements

AKAMAI TECHNOLOGIES INC terminated Existing Credit Agreement with JPMorgan Chase Bank, N.A. and other lenders valued at Termination of $500,000,000 revolving credit facility (effective 2022-11-22).

“On November 22, 2022, upon entry into the Credit Agreement described in Item 1.01 above, the Registrant terminated its Existing Credit Agreement.”
Material Agreements

AKAMAI TECHNOLOGIES INC entered into Credit Agreement with JPMorgan Chase Bank, N.A. and other lenders valued at $500,000,000 revolving credit facility (effective 2022-11-22).

“On November 22, 2022, Akamai Technologies, Inc. (the “Registrant”) entered into a $500 million five-year, revolving credit agreement (the “Credit Agreement”) with the financial institutions identified therein as Lenders and JPMorgan Chase Bank, N.A., as Administrative Agent.”
Earnings Releases

AKAMAI TECHNOLOGIES INC reported the third quarter ended September 30, 2022 results: revenue $882 million, net income $108 million, EPS $0.68 per diluted share.

“Technologies Akamai Technologies 646-320-4107 617-274-7130 gsorice@akamai.com tbarth@akamai.com AKAMAI REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS Third quarter revenue of $882 million, up 3% year-over-year and up 7% when adjusted for foreign exchange* Security and compute revenue represented 55% of total revenue in the third quarter and grew 23% year-over-year”

Rick McConnell resigned as President and General Manager of the Security Technology Group at AKAMAI TECHNOLOGIES INC.

“On November 8, 2021, Rick McConnell, President and General Manager of the Security Technology Group of Akamai Technologies, Inc. (the “Company”), notified the Company of his intent to resign to accept a role as CEO of another public company.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.