Fastly (FSLY) officer files Form 4 detailing December stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. officer and President, Go to Market reported sales of Class A common stock. On December 16, 2025, the reporting person sold 34,517 shares at a weighted average price of $10.15, leaving 1,044,255 shares beneficially owned. On December 17, 2025, the reporting person sold an additional 42,118 shares at a weighted average price of $10.10, leaving 1,002,137 shares beneficially owned.
The filing explains that the first sale was made to satisfy tax obligations related to the vesting of previously granted restricted stock units. It also states that the second sale was executed under a Rule 10b5-1 trading plan adopted on February 28, 2025, which is a pre-arranged plan for trading the company’s shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 76,635 shares ($775,739)
Net Sell
2 txns
Insider
Lovett Scott R.
Role
President, Go to Market
Sold
76,635 shs ($776K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 42,118 | $10.10 | $425K |
| Sale | Class A Common Stock | 34,517 | $10.15 | $350K |
Holdings After Transaction:
Class A Common Stock — 1,002,137 shares (Direct)
Footnotes (1)
- Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.15 to $10.20. 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 ranges set forth in footnotes (2) and (4) to this Form 4. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.99 to $10.22, inclusive.
FAQ
What insider transaction did Fastly (FSLY) disclose in this Form 4?
The filing reports that a Fastly officer, serving as President, Go to Market, sold shares of Class A common stock in two separate transactions on December 16, 2025 and December 17, 2025.
Was a Rule 10b5-1 trading plan used for the Fastly (FSLY) insider sale?
Yes. The filing explains that one sale was effected pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on February 28, 2025.
What do the weighted average prices mean in this Fastly (FSLY) Form 4?
The filing notes that the reported prices are weighted average prices because the shares were sold in multiple transactions within price ranges, and the reporting person will provide detailed trade information upon request.