AKAM insider sale: CTO disposes 3,500 shares at $86 via 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akamai Technologies (AKAM) reported an insider transaction by its Chief Technology Officer. On November 7, 2025, the CTO sold 3,500 shares of common stock at $86 per share, coded “S”. The sale was made pursuant to a Rule 10b5-1 plan adopted on March 12, 2025.
Following the transaction, the reporting person beneficially owned 24,410 shares directly. In addition, 64.184 shares were held indirectly by a 401(k) plan, stated as of November 6, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares ($301,000)
Net Sell
2 txns
Insider
Blumofe Robert
Role
Chief Technology Officer
Sold
3,500 shs ($301K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,500 | $86.00 | $301K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,410 shares (Direct);
Common Stock — 64.184 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Sale was made pursuant to a Rule 10b5-1 Plan adopted by Dr. Blumofe on March 12, 2025. As of November 6, 2025.
FAQ
What insider transaction did AKAM report on Form 4?
The CTO sold 3,500 shares of common stock on November 7, 2025 at $86 per share under a Rule 10b5-1 plan.
Who executed the trade and what is their role at AKAM?
The trade was executed by the company’s Chief Technology Officer.
Was the sale under a Rule 10b5-1 trading plan?
Yes. It was made under a Rule 10b5-1 plan adopted on March 12, 2025.
What transaction code was used in the filing?
The filing lists transaction code S for the sale of shares.
Is the ownership direct or indirect after the trade?
Post-transaction holdings include 24,410 direct shares and 64.184 indirect shares held by a 401(k) plan.