Akamai CTO exercises RSUs, withholds shares for tax
Akamai Technologies Chief Technology Officer Robert Blumofe reported equity transactions tied to vesting restricted stock units.
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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 28,468 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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,495 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,495 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,690 | $102.08 | $173K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
- F2. As of March 3, 2026.
- F3. 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.
FAQ
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What insider transactions did Akamai (AKAM) CTO Robert Blumofe report?
What are the vesting terms of Robert Blumofe’s 10,486 Akamai (AKAM) RSU grant?
What does each Akamai (AKAM) Restricted Stock Unit represent for Robert Blumofe?
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