AKAM insider sale: CTO disposes 3,500 shares at $86 via 10b5-1
Rhea-AI Filing Summary
Akamai Technologies (AKAM) reported an insider transaction by its Chief Technology Officer. On November 7, 2025, the CTO sold 3,500 shares of common stock at $86 per share, coded “S”. The sale was made pursuant to a Rule 10b5-1 plan adopted on March 12, 2025.
Following the transaction, the reporting person beneficially owned 24,410 shares directly. In addition, 64.184 shares were held indirectly by a 401(k) plan, stated as of November 6, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares
Net Sell
2 txns
Insider
Blumofe Robert
Role
Chief Technology Officer
Sold
3,500 shs ($301K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,500 | $86.00 | $301K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,410 shares (Direct);
Common Stock — 64.184 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Sale was made pursuant to a Rule 10b5-1 Plan adopted by Dr. Blumofe on March 12, 2025.
- F2. As of November 6, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AKAM report on Form 4?
The CTO sold 3,500 shares of common stock on November 7, 2025 at $86 per share under a Rule 10b5-1 plan.
Who executed the trade and what is their role at AKAM?
The trade was executed by the company’s Chief Technology Officer.
Was the sale under a Rule 10b5-1 trading plan?
Yes. It was made under a Rule 10b5-1 plan adopted on March 12, 2025.
What transaction code was used in the filing?
The filing lists transaction code S for the sale of shares.
Is the ownership direct or indirect after the trade?
Post-transaction holdings include 24,410 direct shares and 64.184 indirect shares held by a 401(k) plan.