FSLY Insider Notice: 33,949 Restricted Shares to Be Sold on NYSE
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) Form 144 notifies the proposed sale of 33,949 shares of Common stock through E*TRADE Securities with an aggregate market value of $255,296. The shares were acquired as restricted stock on 09/15/2025 from Fastly, Inc., and the approximate date of sale listed is 09/16/2025 on the NYSE. The filer also reported prior sales during the past three months by Scott Lovett totaling 137,303 Class A shares for gross proceeds of $975,929.03 across three transactions dated 06/17/2025, 08/18/2025, and 09/03/2025. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Insider notice signals routine disposition of newly acquired restricted shares; reported historic sales total ~137k shares for ~$976k.
The Form 144 documents a proposed sale of 33,949 newly acquired restricted common shares with a stated market value of $255,296 to be executed via E*TRADE on the NYSE. The filer disclosed prior sales by Scott Lovett totaling 127,608; 9,076; and 619 shares on 06/17/2025, 08/18/2025, and 09/03/2025 respectively. From a trading-impact perspective, the reported quantities are explicitly stated but represent a small fraction of the 148,822,996 shares outstanding disclosed on the form.
TL;DR: This is a compliance filing showing disposition of restricted stock; it contains required attestations about material nonpublic information.
The filing provides the acquisition date (09/15/2025), nature of acquisition (restricted), and the plan to sell on 09/16/2025. It includes the mandatory seller representation that no undisclosed material adverse information is known. No written trading plan or 10b5-1 adoption date is specified on the form as provided.