Fastly CEO sells 9,458 shares at $20.42
Fastly’s CEO executed a pre-planned sale of 9,458 shares and still directly holds over 900,000 shares.
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) reports that CEO and director Compton Charles Lacey III sold 9,458 shares of Class A common stock on September 2, 2026 at a weighted average price of $20.42 per share, with individual sale prices between $20.26 and $20.75.
The sale was made under a Rule 10b5-1 trading plan adopted on May 11, 2026, and he continues to hold 904,777 shares directly after the transaction.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 9,458 shares
Net Sell
1 txn
Insider
Compton Charles Lacey III
Role
CEO
Sold
9,458 shs ($193K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 9,458 | $20.42 | $193K |
Holdings After Transaction:
Class A Common Stock — 904,777 shares (Direct)
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.26 to $20.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
Key Figures
Shares sold: 9,458 shares
Weighted average sale price: $20.42 per share
Sale price range: $20.26–$20.75 per share
+2 more
5 metrics
Shares sold
9,458 shares
Class A common stock sold by the CEO on September 2, 2026
Weighted average sale price
$20.42 per share
Average price for the 9,458 shares sold on September 2, 2026
Sale price range
$20.26–$20.75 per share
Range of prices at which the reported shares were sold
Shares held after transaction
904,777 shares
Direct holdings of the CEO following the September 2, 2026 sale
Rule 10b5-1 plan adoption date
May 11, 2026
Date the CEO adopted the trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price
2 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Fastly (FSLY) disclose in this Form 4?
Fastly disclosed that CEO and director Compton Charles Lacey III sold 9,458 shares of Class A common stock on September 2, 2026 in an open-market or private transaction at a weighted average price of $20.42 per share.
Does this Form 4 indicate any derivative securities for Fastly (FSLY)’s CEO?
No derivative transactions are reported. The Form 4 discloses only a single sale of 9,458 shares of Class A common stock and lists no derivative positions in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.