FSLY insider files Form 144 to sell 19,353 shares via Morgan Stanley

Rhea-AI Filing Summary

Fastly, Inc. (FSLY) Form 144 shows an intended sale of 19,353 common shares through Morgan Stanley Smith Barney with an aggregate market value of $137,019.24, listed for sale on 08/19/2025 on the NYSE. The filer reports these shares were acquired as restricted stock units on 08/15/2025 and paid for on the same date. The notice lists recent sales by the same person, Per Artur Bergman, totaling 28,348 shares in the past three months for gross proceeds of $196,501.76, including a Rule 10b5-1 plan sale on 06/04/2025. The filer certifies no undisclosed material adverse information and includes the standard Rule 144 representations.

Positive

• Planned sale is small relative to float: 19,353 shares represent approximately 0.013% of 147.4 million outstanding shares.
• Use of Rule 10b5-1 plan for prior sale (06/04/2025) indicates pre-established trading instructions, supporting compliance and reducing concerns about opportunistic timing.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider selling is small relative to total shares outstanding and includes an RSU disposition and 10b5-1 plan activity, suggesting routine liquidity rather than a material event.

The planned sale of 19,353 shares valued at $137k is immaterial versus 147.4 million shares outstanding (~0.013%). The filer recently sold 28,348 shares for $196.5k, including trades under a 10b5-1 plan, which supports the view these are scheduled or compensation-driven dispositions. There is no earnings or operating data in this filing to change Fastly's operating outlook. For investors, this filing documents insider liquidity but does not provide evidence of material company-level developments.

Corporate Governance Expert

TL;DR: Disclosure appears compliant with Rule 144 requirements and includes 10b5-1 plan disclosure for prior sales.

The form identifies the broker, acquisition type (RSUs), acquisition date, and recent sales, satisfying typical Rule 144 disclosure standards. The signature representation about lack of undisclosed material information is present. Use of a 10b5-1 plan for the June sale indicates pre-established trading instructions, which is a governance best practice for insiders to mitigate timing concerns. No governance issues or departures are disclosed in this 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	19353	137019.24	147400000	08/19/2025	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	08/15/2025	Restricted Stock Units	Issuer			19353	08/15/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PER ARTUR BERGMAN 475 Brannan Street, Suite 300 San Francisco CA 94107	Common	08/18/2025	26418	181755.84
10b5-1 Sales Plan for PER ARTUR BERGMAN 475 Brannan Street, Suite 300 San Francisco CA 94107	Common	06/04/2025	1372	10605.56
PER ARTUR BERGMAN 475 Brannan Street, Suite 300 San Francisco CA 94107	Common	05/28/2025	558	4140.36

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 is the size and value of the proposed sale by the FSLY filer?

The filer proposes to sell 19,353 common shares with an aggregate market value of $137,019.24.

When is the approximate date of the proposed sale on the Form 144 for FSLY?

The approximate date of sale listed is 08/19/2025.

How were the shares to be sold acquired according to the filing?

The shares were acquired as Restricted Stock Units (RSUs) on 08/15/2025 from the issuer.

Who is the broker handling the proposed sale for FSLY?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

What recent insider sales does the filing disclose for Per Artur Bergman?

The filing discloses three sales in the past three months totaling 28,348 shares for gross proceeds of $196,501.76 (08/18/2025: 26,418 shares for $181,755.84; 06/04/2025: 1,372 shares for $10,605.56 under a 10b5-1 plan; 05/28/2025: 558 shares for $4,140.36).

Does the filing assert the filer has undisclosed material information?

By signing, the filer represents they do not know any material adverse information