Fastly, Inc. Reports Inducement Award Under NYSE Listing Rule 303A.08

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09/04/2025 - 06:00 PM

SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY) (“Fastly” or the “Company”), a leader in global edge cloud platforms, announced that on September 3, 2025, the Compensation Committee of Fastly’s Board of Directors approved the grant of a time-based inducement restricted stock unit award (“RSUs”) covering 1,130,323 shares of Fastly Class A common stock to Richard Wong, Chief Financial Officer.

The RSU award was granted under Fastly’s 2025 Employment Inducement Incentive Plan, which provides for the granting of equity awards to new employees of Fastly. The RSUs will vest over a four-year period: 25% of the RSUs will vest on August 15, 2026, and 6.25% of the RSUs will vest on each quarterly anniversary thereof thereafter, such that the RSU award will be fully vested on August 15, 2029, subject to Mr. Wong’s continued service. The RSU award was granted as an inducement material to Richard Wong entering into employment with Fastly, in accordance with NYSE Listing Rule 303A.08.

About Fastly, Inc.

Fastly’s powerful and programmable edge cloud platform helps the world’s top brands deliver online experiences that are fast, safe, and engaging through edge compute, delivery, security, and observability offerings that improve site performance, enhance security, and empower innovation at global scale. Compared to other providers, Fastly’s powerful, high-performance, and modern platform architecture empowers developers to deliver secure websites and apps with rapid time-to-market and demonstrated, industry-leading cost savings. Organizations around the world trust Fastly to help them upgrade the internet experience, including Reddit, Neiman Marcus, Universal Music Group, and SeatGeek.

Learn more about Fastly at https://www.fastly.com, and follow us @fastly.

Source: Fastly, Inc.