Fastly (FSLY) officer sold 148K shares, now plans more
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) disclosed that officer Richard Wong filed a notice under Rule 144 for a proposed sale of up to 47,676 shares of Fastly common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of $1,082,721.96, and Fastly reports 159,300,000 shares of common stock outstanding. The shares relate to Restricted Stock Units acquired from the issuer on 08/15/2026. Wong also reports that during the prior three months, he sold 148,015 shares of common stock on 08/18/2026 for proceeds of $4,234,709.15.
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Key Figures
Shares proposed for sale under Rule 144: 47,676 shares
Aggregate market value of proposed sale: $1,082,721.96
Shares outstanding: 159,300,000 shares
+3 more
6 metrics
Shares proposed for sale under Rule 144
47,676 shares
Common stock to be sold for Richard Wong’s account
Aggregate market value of proposed sale
$1,082,721.96
Indicated value for 47,676 Fastly common shares
Shares outstanding
159,300,000 shares
Fastly common stock outstanding as referenced in the notice
Shares sold in prior 3 months
148,015 shares
Fastly common stock sold on 08/18/2026 by Richard Wong
Proceeds from prior 3‑month sale
$4,234,709.15
Aggregate proceeds from 148,015 shares sold on 08/18/2026
Date RSUs acquired
08/15/2026
Acquisition date for Restricted Stock Units underlying shares to be sold
Key Terms
Rule 144, Restricted Stock Units, securities to be sold
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 08/15/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
securities to be sold financial
"Name of Person for Whose Account the Securities are To Be Sold"
FAQ
What insider transaction did Fastly, Inc. (FSLY) report for Richard Wong?
Fastly, Inc. reported that officer Richard Wong filed a Rule 144 notice to sell up to 47,676 shares of Fastly common stock, to be executed through Morgan Stanley Smith Barney LLC under an indicated aggregate market value of $1,082,721.96.
What type of Fastly (FSLY) securities is Richard Wong selling under Rule 144?
The notice states that the securities to be sold are Fastly common stock, related to Restricted Stock Units acquired from the issuer on 08/15/2026, with up to 47,676 shares covered by the proposed Rule 144 sale.
Which broker is handling Richard Wong’s Rule 144 sale of Fastly (FSLY) stock?
The proposed sale of Fastly common stock by Richard Wong under Rule 144 is to be executed through Morgan Stanley Smith Barney LLC, Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
AI-generated analysis. How Rhea-AI works. Not financial advice.