Blumofe Robert 4

What Happened

• Robert Blumofe, Chief Technology Officer of Akamai Technologies (AKAM), was granted 6,617 shares on Feb 20, 2026 under the company's 2013 Stock Incentive Plan as payment of his 2025 bonus. The award shares are reported at $0.00 acquisition price.
• To cover tax withholding, 2,905 of those shares were disposed (withheld) at $94.17 per share, generating proceeds of $273,564. This withholding is a routine payroll-tax settlement rather than an open-market sale.

Key Details

• Transaction date: February 20, 2026; Form 4 filed February 23, 2026 (appears timely under the 2-business-day rule).
• Grant: 6,617 shares issued (code A) at $0.00 (award for 2025 bonus).
• Tax withholding: 2,905 shares disposed (code F) at $94.17 = $273,564 withheld for taxes.
• Shares owned after transaction: Not specified in the excerpt provided; filing notes ownership “as of February 20, 2026.”
• Footnotes: F1 — shares issued under the Akamai Amended and Restated 2013 Stock Incentive Plan in payment of the 2025 bonus. F2 — ownership snapshot date.
• Transaction codes: A = award/grant; F = shares withheld/disposed to satisfy tax obligations.

Context

• This is a compensation-related award and routine withholding for taxes. Withheld-share dispositions are common for settling tax liabilities and do not necessarily reflect the insider’s view of the company’s stock price.
• For investors, purchases are typically more informative of insider confidence; this filing documents compensation and standard tax settlement.