Robert Blumofe - Nov 17, 2023 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Chief Technology Officer
Signature
/s/ Shaan Majmudar, by power of attorney
Stock symbol
AKAM
Transactions as of
Nov 17, 2023
Transactions value $
-$222,940
Form type
4
Date filed
11/17/2023, 05:02 PM
Previous filing
Aug 18, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Sale -$223K -2K -11.36% $111.47 15.6K Nov 17, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Blumofe on March 16, 2023.