Akamai (NASDAQ: AKAM) CTO nets stock award with tax share withholding
Rhea-AI Filing Summary
Akamai Technologies Chief Technology Officer Robert Blumofe received a grant of 6,617 shares of common stock on February 20, 2026 as payment of his 2025 bonus under the company’s Amended and Restated 2013 Stock Incentive Plan.
To satisfy tax obligations, 2,905 shares were disposed of at $94.17 per share through tax withholding, a non–open-market transaction. After these entries, he directly holds 23,930 shares and indirectly holds 114.095 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,712 shares
Net Buy
3 txns
Insider
Blumofe Robert
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,617 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,905 | $94.17 | $274K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,930 shares (Direct);
Common Stock — 114.095 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2025 bonus award.
- F2. As of February 20, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AKAM CTO Robert Blumofe report?
Robert Blumofe reported a 6,617-share stock grant and a 2,905-share tax-withholding disposition. The grant represents his 2025 bonus paid in stock, while the withheld shares covered related tax liabilities rather than an open-market sale.
Under which plan was the AKAM stock bonus to the CTO issued?
The 6,617-share stock bonus to Robert Blumofe was issued under Akamai Technologies, Inc.’s Amended and Restated 2013 Stock Incentive Plan. The filing specifies these shares were granted in payment of his 2025 bonus award on February 20, 2026.