Robert Blumofe - Aug 16, 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role: Chief Technology Officer
Signature: /s/ Thomas M. Lair, as power of attorney
Stock symbol: AKAM
Transactions as of: Aug 16, 2024
Transactions value $: -$251,725
Form type: 4
Date filed: 8/16/2024, 05:00 PM
Previous filing: Jun 17, 2024
Next filing: Nov 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AKAM	Common Stock	Sale	-$252K	-2.5K	-10.2%	$100.69	22K	Aug 16, 2024	Direct	F1, F2

* 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 trading plan adopted by Mr. Blumofe on March 10, 2024.
F2	The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $100.39 to $101.05, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

Sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Blumofe on March 10, 2024.

The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $100.39 to $101.05, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.