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Akamai (NASDAQ: AKAM) CTO converts RSUs, disposes shares for tax withholding

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

Rhea-AI Filing Summary

Akamai Technologies Chief Technology Officer Robert Blumofe reported equity transactions tied to vesting restricted stock units. On March 4, 2026, he exercised or converted 3,495 Restricted Stock Units, each representing one share of common stock upon vesting, and received 3,495 shares of Common Stock at a transaction price of $0.0000 per share.

In connection with this vesting event, 1,690 shares of Common Stock were disposed of at $102.0800 per share as a tax-withholding disposition to satisfy the exercise price or tax liability. Following these transactions, he held 30,158 shares of Common Stock directly and 3,496 Restricted Stock Units directly, plus 126.5250 shares of Common Stock held indirectly through a 401(k) plan. A prior grant of 10,486 RSUs on March 4, 2024 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)
03/04/2026
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 03/04/2026 M 3,495 A (1) 30,158 D
Common Stock 03/04/2026 F 1,690 D $102.08 28,468 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) 03/04/2026 M 3,495 (3) (3) Common Stock 3,495 $0 3,496 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
2. As of March 3, 2026.
3. On March 4, 2024, the Reporting Person was granted 10,486 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 03/05/2026
** 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 vesting-related equity activity. He exercised or converted 3,495 Restricted Stock Units into 3,495 shares of Common Stock and had 1,690 shares disposed of to cover tax obligations linked to this event.

How many Akamai (AKAM) RSUs and shares does Robert Blumofe hold after these transactions?

After the reported transactions, Robert Blumofe holds 3,496 Restricted Stock Units directly and 30,158 shares of Common Stock directly, plus 126.5250 shares of Common Stock held indirectly through a 401(k) plan associated with him.

What was the price for shares disposed to cover taxes in the Akamai (AKAM) Form 4?

The tax-withholding disposition involved 1,690 shares of Akamai Common Stock at a transaction price of $102.0800 per share. This disposition was used to satisfy the exercise price or related tax liability tied to the vesting RSUs.

What are the vesting terms of Robert Blumofe’s 10,486 Akamai (AKAM) RSU grant?

On March 4, 2024, Robert Blumofe was granted 10,486 Restricted Stock Units. These RSUs vest over three years in equal installments on the first, second and third anniversaries of the original March 4, 2024 grant date.

What does each Akamai (AKAM) Restricted Stock Unit represent for Robert Blumofe?

Each Restricted Stock Unit reported for Robert Blumofe represents the right to receive one share of Akamai common stock upon vesting. When the units vest, they convert into an equivalent number of common shares, subject to any required tax withholding.

How are some of Robert Blumofe’s Akamai (AKAM) shares held indirectly?

In addition to his direct holdings, Robert Blumofe has 126.5250 shares of Akamai Common Stock held indirectly through a 401(k) Plan. This indirect ownership is specifically identified as "By 401(k) Plan" in the reported data.
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