[144] Fastly, Inc. SEC Filing
Form 144 filed for Fastly, Inc. (FSLY) discloses a proposed sale of 854 restricted shares of common stock through E*TRADE, with an approximate market value of $6,046 and an intended sale date of 08/27/2025. The filing records the acquisition of those 854 shares as restricted stock acquired on 08/26/2025 from Fastly, Inc.
The notice also lists sales by Artur Bergman in the prior three months: 558 shares on 05/28/2025 for $4,140.36, 1,372 shares on 06/04/2025 for $10,605.56, 26,418 shares on 08/18/2025 for $181,755.84, and 19,353 shares on 08/19/2025 for $141,857.49. The filer certifies no undisclosed material information.
- Filing compliance: The Form 144 provides required disclosure details, including broker, amounts, acquisition dates, and certification of no undisclosed material information
- Transparency: Recent insider sales and the planned sale of restricted shares are fully itemized, aiding market transparency
- Insider selling activity: The filer or associated insider sold 47,701 shares in the past three months for gross proceeds of approximately $338,358, which may attract investor attention despite being a small fraction of outstanding shares
Insights
TL;DR: Routine insider sale disclosure showing recent share disposals and a small planned sale of newly acquired restricted shares.
The Form 144 details an intended sale of 854 restricted shares valued at $6,046, acquired one day earlier from the issuer. Recent dispositions by Artur Bergman total 47,701 shares over the prior three months with gross proceeds of approximately $338,358. Relative to the company's 147,363,920 outstanding shares reported on the form, these transactions represent a negligible fraction of equity, suggesting limited direct impact on total share count or market supply. The filing meets Rule 144 disclosure requirements but does not provide context on motives or broader liquidity plans.
TL;DR: Disclosure is procedurally compliant; insider selling is documented but not evidently material to governance or control.
The notice affirms the signer does not possess undisclosed material information and documents acquisition and disposal dates, broker, and amounts as required. The presence of multiple sales by the same insider within a three-month window is disclosed, but without accompanying insider trading plans or 10b5-1 plan dates in the remarks, no governance conclusion can be drawn from this filing alone. This is a standard transparency event rather than a governance red flag based solely on the supplied data.