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Akamai (AKAM) CTO exercises 5,116 RSUs, withholds shares for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Akamai Technologies Chief Technology Officer Robert Blumofe reported routine equity compensation activity involving restricted stock units and common shares. On March 6, 2026 he exercised 5,116 restricted stock units, receiving 5,116 shares of Akamai common stock at a stated price of $0.00 per share.

To cover tax obligations related to this equity event, 2,474 common shares were disposed of at $101.00 per share through a tax-withholding transaction. After these movements, he directly held 31,110 common shares and indirectly held 126.525 shares through a 401(k) plan. The RSUs originated from a 15,345-unit grant on March 6, 2023 that vests in three equal annual installments.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Blumofe Robert

(Last) (First) (Middle)
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY

(Street)
CAMBRIDGE MA 02142

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2026 M 5,116 A (1) 33,584 D
Common Stock 03/06/2026 F 2,474 D $101 31,110 D
Common Stock 126.525(2) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/06/2026 M 5,116 (3) (3) Common Stock 5,116 $0 0 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
2. As of March 3, 2026.
3. On March 6, 2023, the Reporting Person was granted 15,345 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Remarks:
/s/ Thomas M. Lair, as power of attorney 03/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Akamai (AKAM) CTO Robert Blumofe report?

Robert Blumofe reported exercising 5,116 restricted stock units into 5,116 Akamai common shares and a related tax-withholding disposition of 2,474 common shares at $101.00 per share, all dated March 6, 2026 as part of routine equity compensation activity.

How many Akamai (AKAM) shares does the CTO hold after these transactions?

Following the reported transactions, Robert Blumofe directly holds 31,110 Akamai common shares and indirectly holds 126.525 shares through a 401(k) plan. These amounts reflect his ownership immediately after the March 6, 2026 equity exercise and tax-withholding disposition.

What restricted stock unit grant is involved in the Akamai (AKAM) Form 4?

The Form 4 references a grant of 15,345 restricted stock units awarded on March 6, 2023. These RSUs vest over three years in equal installments on the first, second, and third anniversaries of the grant date, each RSU representing one share of Akamai common stock.

What does the tax-withholding disposition on Akamai (AKAM) shares mean?

The tax-withholding disposition reflects 2,474 Akamai common shares delivered at $101.00 per share to satisfy tax liabilities from the RSU vesting. This code F transaction is not an open-market sale but shares surrendered to cover required tax obligations associated with the equity award.

Are the Akamai (AKAM) CTO’s transactions open-market buys or sells?

The reported activities are an exercise of 5,116 restricted stock units and a code F tax-withholding disposition of 2,474 shares at $101.00 per share. They do not represent discretionary open-market purchases or sales, but rather standard mechanics of equity award vesting and tax settlement.

How do Akamai (AKAM) restricted stock units work in this Form 4?

Each restricted stock unit represents the right to receive one share of Akamai common stock upon vesting. In this case, 5,116 RSUs vested and converted into 5,116 common shares on March 6, 2026, stemming from a 15,345-unit grant made on March 6, 2023.
Akamai Technologies Inc

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14.47B
141.37M
Software - Infrastructure
Services-business Services, Nec
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United States
CAMBRIDGE