FSLY insider files Form 144 to sell 14,000 RSU-derived shares on NYSE

Rhea-AI Filing Summary

Fastly, Inc. (FSLY) Form 144 summary

This notice reports a proposed sale of 14,000 shares of Fastly common stock, acquired as restricted stock units on 08/15/2023. The sale is to be effected through Morgan Stanley Smith Barney LLC on the NYSE with an approximate aggregate market value of $108,220.00. The filing indicates 14,000 shares to be sold against a reported 147,400,000 shares outstanding and lists an approximate sale date of 09/15/2025. No securities were reported sold in the past three months, and no purchase consideration other than issuance by the issuer is reported.

Positive

• Transparency: The filing provides clear details on the number of shares, acquisition date, acquisition type (RSUs), broker, and aggregate market value.
• No recent sales: The filer reports "Nothing to Report" for securities sold in the past three months, indicating no recent dispositions to aggregate with this sale.

Negative

• Limited information: The form does not disclose the identity of the person for whose account the securities are to be sold or specify whether a Rule 10b5-1 plan exists.
• Timing uncertainty: The approximate sale date is listed as a single date (09/15/2025) without details on execution window or method beyond broker name.

Insights

Securities Analyst

TL;DR Proposed sale of 14,000 RSU-derived shares via Morgan Stanley; small relative to total outstanding shares.

The filing documents a planned sale of 14,000 common shares derived from restricted stock units granted on 08/15/2023 and shows an aggregate market value of $108,220.00. The sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE around 09/15/2025. With 147.4 million shares reported outstanding, the volume is immaterial on a percentage basis and the filing notes no other sales in the prior three months. This is a routine insider disposition notice under Rule 144; no additional financial or operational information about Fastly is provided in the form.

Corporate Governance Expert

TL;DR Routine Rule 144 notice for RSU-derived shares; contains standard seller representations.

The filer represents they are unaware of undisclosed material adverse information and the form includes standard attestations related to Rule 10b5-1 awareness. The filing lists acquisition as issuer-granted RSUs with payment/consideration noted as N/A. There are no disclosed trading plans, plan adoption dates, or recent sales to aggregate, and no governance actions or disclosures beyond the sale notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	14000	108220.00	147400000	09/15/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/15/2023	Restricted Stock Units	Issuer			14000	08/15/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Fastly's (FSLY) Form 144 report?

The filing reports a proposed sale of 14,000 Fastly common shares, acquired as restricted stock units on 08/15/2023, with aggregate market value of $108,220.00.

When is the planned sale date for the FSLY shares?

The form lists an approximate date of sale of 09/15/2025 and names Morgan Stanley Smith Barney LLC as the broker.

How material is the proposed sale relative to Fastly's outstanding shares?

The filing reports 147,400,000 shares outstanding; the 14,000 shares proposed for sale are immaterial as a percentage of outstanding shares.

Were any Fastly shares sold by this person in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

How were the shares acquired according to the filing?

The shares were acquired as Restricted Stock Units from the issuer, with acquisition date 08/15/2023 and amount 14,000 shares.