Akamai CTO sells 3,500 shares in plan trade
Akamai Technologies Chief Technology Officer Robert Blumofe reported an open-market sale of 3,500 shares of common stock at $108 per share on February 13, 2026.
Rhea-AI Filing Summary
Akamai Technologies Chief Technology Officer Robert Blumofe reported an open-market sale of 3,500 shares of common stock at $108 per share on February 13, 2026. After the sale, he directly owned 14,574 shares.
He also held 103.347 shares indirectly through a 401(k) plan as of February 12, 2026. The sale was made under a Rule 10b5-1 trading plan adopted on March 12, 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 ($378K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,500 | $108.00 | $378K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,574 shares (Direct);
Common Stock — 103.347 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 February 12, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Akamai (AKAM) report for CTO Robert Blumofe?
Akamai’s Chief Technology Officer Robert Blumofe sold 3,500 shares of common stock in an open-market transaction at $108 per share on February 13, 2026. The transaction was disclosed in a Form 4 insider filing with detailed post-transaction share ownership.
What type of Form 4 transaction code was used in the Akamai (AKAM) insider trade?
The transaction used code “S,” indicating a sale in the open market or a private transaction. The Form 4 describes this as an open-market sale of 3,500 common shares at $108 per share by Akamai’s Chief Technology Officer, Robert Blumofe.
Does the Akamai (AKAM) Form 4 show any indirect holdings for the CTO?
Yes. In addition to direct holdings, the Form 4 reports 103.347 Akamai common shares held indirectly through a 401(k) plan as of February 12, 2026. This is categorized as indirect ownership separate from his 14,574 directly held shares after the reported sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.