Akamai (NASDAQ: AKAM) CTO receives 14,456 RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies Chief Technology Officer Robert Blumofe reported several equity transactions. On March 2, 2026, he received a grant of 14,456 restricted stock units (RSUs), which vest in three equal annual installments starting on the first anniversary of the grant date. Each RSU converts into one share of common stock upon vesting.
On March 3, 2026, 5,293 RSUs were converted into 5,293 shares of common stock, and 2,560 shares of common stock were withheld at $97.64 per share to cover tax obligations. After these transactions, he directly held 26,663 shares of common stock and 10,589 RSUs, plus an additional indirect holding through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,293 shares exercised/converted
Mixed
5 txns
Insider
Blumofe Robert
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,293 | $0.00 | -- |
| Exercise | Common Stock | 5,293 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,560 | $97.64 | $250K |
| Grant/Award | Restricted Stock Units | 14,456 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,589 shares (Direct);
Common Stock — 29,223 shares (Direct);
Common Stock — 126.525 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. As of March 3, 2026. On March 2, 2026, the Reporting Person was granted 14,456 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. On March 3, 2025, the Reporting Person was granted 15,882 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
FAQ
What equity award did AKAM CTO Robert Blumofe receive in this Form 4?
Robert Blumofe received a grant of 14,456 restricted stock units (RSUs). The award was granted on March 2, 2026 and vests in three equal annual installments on the first, second, and third anniversaries of the grant date, subject to continued service conditions.
How do the new Akamai RSUs for Robert Blumofe vest over time?
The 14,456 RSUs vest over three years in equal installments. One-third vests on each of the first, second, and third anniversaries of the March 2, 2026 grant date, and each vested RSU converts into one share of Akamai common stock upon vesting.