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Scott Lovett plans restricted sale of Fastly (NASDAQ: FSLY) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Scott Lovett reported a proposed sale of restricted Common Stock of Fastly, Inc. The notice lists a planned disposal of restricted Common shares dated 05/15/2026. The filing also discloses a series of open‑market sales by Scott Lovett during February–March 2026, including 73,715 shares sold on 03/04/2026 for $1,552,437.90 and 34,953 shares sold on 03/17/2026 for $778,752.84.

The filing names E*TRADE SECURITIES LLC as the broker and identifies the security as Class A Common Stock listed on Nasdaq. Transaction timing and the proposed sale date are shown as 05/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice disclosing a proposed restricted share sale and recent open‑market dispositions.

The filing lists a proposed sale of restricted Common Stock dated 05/15/2026 and shows multiple prior sales by Scott Lovett in Feb–Mar 2026, with transactions such as 73,715 shares for $1,552,437.90 on 03/04/2026.

These disclosures are procedural under Rule 144. Cash‑flow treatment and precise number of restricted shares to be offered are limited to the notice lines; subsequent filings or broker confirmations would show execution details.

Proposed sale date 05/15/2026 Restricted Common Stock proposed sale
Sale example 1 73,715 shares sold on 03/04/2026 for $1,552,437.90
Sale example 2 34,953 shares sold on 03/17/2026 for $778,752.84
Sale example 3 6,573 shares sold on 02/18/2026 for $115,224.69
Rule 144 regulatory
"reported a proposed sale of restricted Common Stock dated 05/15/2026"
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 financial
"Securities To Be Sold COMMON | 05/15/2026 | RESTRICTED"
Class A Common Stock financial
"Scott Lovett | Class A Common Stock | 03/04/2026 | 73,715"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What did Scott Lovett report in the Rule 144 notice for FSLY?

The filing reports a proposed sale of restricted Common Stock dated 05/15/2026. It names E*TRADE SECURITIES LLC as broker and lists recent open‑market sales by Scott Lovett in Feb–Mar 2026.

How many shares did Scott Lovett sell on 03/04/2026 according to the filing?

The filing shows Scott Lovett sold 73,715 shares on 03/04/2026 for $1,552,437.90. This sale is listed among multiple transactions in Feb–Mar 2026.

Which broker is named in the Rule 144 notice for Fastly (FSLY)?

The notice names E*TRADE SECURITIES LLC with an Alpharetta, GA address as the broker handling the securities to be sold on 05/15/2026.

What security class and exchange are identified in the filing?

The filing identifies the security as Class A Common Stock of Fastly, Inc., listed on Nasdaq. The proposed restricted sale date is 05/15/2026.

Do the filings show total proceeds or remaining holdings after the sales?

The notice lists individual sale amounts (e.g., $1,552,437.90) and share counts per trade but does not state an aggregate proceeds total or post‑transaction holdings in the provided excerpt.