STOCK TITAN

Akamai (NASDAQ: AKAM) CTO receives 14,456 RSUs and 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 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 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)
  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.
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)
03/02/2026
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 03/03/2026 M 5,293 A (1) 29,223 D
Common Stock 03/03/2026 F 2,560 D $97.64 26,663 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) 03/02/2026 A 14,456 (3) (3) Common Stock 14,456 $0 14,456 D
Restricted Stock Units (1) 03/03/2026 M 5,293 (4) (4) Common Stock 5,293 $0 10,589 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 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.
4. 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.
Remarks:
/s/ Thomas M. Lair, as power of attorney 03/04/2026
** 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 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.

What RSU-to-share conversion did AKAM report for Robert Blumofe?

On March 3, 2026, 5,293 restricted stock units held by Robert Blumofe were converted into 5,293 shares of Akamai common stock. This was reported as an exercise or conversion of a derivative security at a price of $0.00 per share, reflecting standard RSU settlement.

Why were 2,560 Akamai shares disposed of in this Form 4 filing?

The disposition of 2,560 shares of Akamai common stock at $97.64 per share was for tax withholding. Shares were surrendered to satisfy tax liabilities arising from the RSU conversion, rather than being sold in an open-market transaction for discretionary portfolio reasons.

How many Akamai shares does Robert Blumofe hold after these transactions?

Following the reported transactions, Robert Blumofe directly held 26,663 shares of Akamai common stock and 10,589 restricted stock units. He also had an additional indirect holding of Akamai common stock through a 401(k) plan, as noted in the filing.

What indirect Akamai share holdings does Robert Blumofe report?

In addition to his direct holdings, Robert Blumofe reports an indirect interest in Akamai common stock through a 401(k) plan. The Form 4 identifies this as indirect ownership, reflecting shares attributed to his retirement account rather than directly held brokerage shares.