[144] Fastly, Inc. SEC Filing

Rhea-AI Filing Summary

Fastly insider Per Artur Bergman filed a Form 144 proposing to sell 58,138 common shares (aggregate market value $442,430.18) with an approximate sale date of 09/02/2025 on the NYSE. The filing lists the shares' acquisition history: 47,850 shares from RSU/PSU on 02/15/2025 and 10,288 founder shares from 03/10/2011. The notice also discloses multiple recent dispositions in 2025 totaling 47,992 shares with gross proceeds shown for each sale. The filer represents no undisclosed material adverse information and references reliance on Rule 10b5-1 for some sales.

Insights

Securities Analyst

TL;DR Routine insider sale notice; volumes are small relative to outstanding shares and appear consistent with planned trading.

The Form 144 documents a proposed sale of 58,138 Fastly shares valued at about $442k and shows multiple recent sales under both open-market and 10b5-1 plans totaling 47,992 shares in 2025. Given the issuer's stated outstanding share count of 147.4 million, the proposed sale represents a negligible fraction of float (below 0.05%). There is no disclosure in the filing of material nonpublic information or any acceleration, pledge, or financing arrangement tied to these shares. For investors, this looks like standard insider liquidity activity rather than a company-specific red flag.

Corporate Governance Expert

TL;DR Disclosure aligns with Rule 144 requirements; 10b5-1 plan references indicate preplanned sales.

The filing includes dates of plan adoption/giving of instruction for some transactions and an explicit representation that the signer lacks material nonpublic information. Multiple entries identify sales executed under a 10b5-1 sales plan, which typically provides affirmative defense against insider trading allegations when properly adopted. The amounts and timing disclosed are modest and documented; there is no indication here of governance concerns such as accelerated vesting tied to performance or unusual transfer arrangements. Impact on shareholder value appears neutral.

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	58138	442430.18	147400000	09/02/2025	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	02/15/2025	RSU/PSU	Issuer			47850	02/15/2025	N/A
Common	03/10/2011	Founders Shares	Issuer			10288	03/10/2011	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	08/27/2025	849	6197.70
10b5-1 Sales Plan for PER ARTUR BERGMAN 475 Brannan Street, Suite 300 San Francisco CA 94107	Common	08/19/2025	19353	141838.14
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

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)