Blumofe Robert 4

What Happened
Robert Blumofe, Chief Technology Officer of Akamai Technologies (AKAM), sold 3,500 shares on February 13, 2026. The shares were disposed at $108.00 per share for a total transaction value of $378,000. This was a sale (not a purchase), and the filing indicates the sale was made pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-02-13 — 3,500 shares at $108.00/share.
• Total proceeds: $378,000.
• Transaction type/code: Open-market sale (S).
• Shares owned after transaction: Not specified in the provided excerpt; filing footnote references holdings "as of February 12, 2026."
• Footnotes: F1 — Sale executed under a Rule 10b5-1 plan adopted March 12, 2025. F2 — ownership reference date: Feb 12, 2026.
• Timeliness: Reported on 2026-02-13 (same date as the period of report); filing appears timely.

Context
Sales made under a 10b5-1 plan are pre-scheduled and are often routine dispositions rather than immediate reactions to company developments. For retail investors, purchases can be more indicative of insider confidence; this reported transaction is a routine sale and should be interpreted accordingly.