Blumofe Robert 4

What Happened
Robert Blumofe, Chief Technology Officer of Akamai Technologies (AKAM), disposed of 243 shares on June 18, 2026 at $129.41 per share, for a total gross value of $31,447. This was a sale (not a purchase) executed under a pre-established trading arrangement.

Key Details

• Transaction date: 2026-06-18
• Transaction type/code: Sale (S) — open market or private sale
• Shares sold: 243
• Price per share: $129.41
• Total value (gross): $31,447
• Shares owned after transaction: Not specified in the provided filing; footnote references ownership "as of June 17, 2026."
• Footnotes: F1 — Sale made pursuant to a Rule 10b5-1 trading plan adopted March 13, 2026. F2 — ownership/status as of June 17, 2026.
• Filing timeliness: Report filed same day (Period of Report and filing date 2026-06-18); no late filing indicated.

Context
A Rule 10b5-1 plan lets insiders set up preset trades and typically indicates the sale was scheduled in advance rather than a real-time reaction to material information. The sale size here is modest; routine 10b5-1 sales are common and don’t necessarily signal a change in the insider’s view of the company.