Fastly (NYSE: FSLY) executive lines up new stock sale
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) received a notice under Rule 144 that officer Scott Lovett intends to sell 19,398 shares of Fastly common stock through E*TRADE Securities. The notice lists Fastly common shares outstanding of 160,593,098 as of August 31, 2026; this is a baseline figure, not the amount being sold.
The filing also reports prior sales by Scott Lovett of Fastly Class A common stock during the past three months, with multiple transactions in May, June, and August 2026.
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Key Figures
Shares proposed to be sold: 19,398 shares of common stock
Shares outstanding: 160,593,098 shares
Past sale on May 29, 2026: 19,622 shares; $332,789.12
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6 metrics
Shares proposed to be sold
19,398 shares of common stock
Proposed sale under Rule 144 for the account of Scott Lovett
Shares outstanding
160,593,098 shares
Fastly common shares outstanding as of August 31, 2026
Past sale on May 29, 2026
19,622 shares; $332,789.12
Sale of Fastly Class A common stock by Scott Lovett
Past sale on June 16, 2026
34,919 shares; $633,779.85
Sale of Fastly Class A common stock by Scott Lovett
Past sale on June 17, 2026
41,716 shares; $741,293.32
Sale of Fastly Class A common stock by Scott Lovett
Past sale on August 18, 2026
14,936 shares; $427,169.60
Sale of Fastly Class A common stock by Scott Lovett
Key Terms
Rule 144, restricted, Class A Common Stock, Attorney-in-Fact
4 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 regulatory
"COMMON | 08/28/2026 | RESTRICTED | FASTLY, INC."
Class A Common Stock financial
"Class A Common Stock | 05/29/2026 | 19622 | 332789.12"
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.
Attorney-in-Fact regulatory
"Signature | /s/ Tara Seracka, Attorney-in-Fact for Scott Lovett"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for Fastly, Inc. (FSLY)?
The filing discloses that Scott Lovett, an officer of Fastly, Inc. (FSLY), has notified of a proposed sale of 19,398 shares of Fastly common stock under Rule 144, and it lists his prior sales of Class A common stock over the past three months.
What past sales by Scott Lovett of Fastly (FSLY) stock are reported?
The filing reports sales of Fastly Class A common stock by Scott Lovett of 19,622 shares on May 29, 2026, 34,919 shares on June 16, 2026, 41,716 shares on June 17, 2026, and 14,936 shares on August 18, 2026.
What dollar amounts were received in the past Fastly (FSLY) stock sales?
The filing lists proceeds of $332,789.12 on May 29, 2026, $633,779.85 on June 16, 2026, $741,293.32 on June 17, 2026, and $427,169.60 on August 18, 2026 from sales of Fastly Class A common stock by Scott Lovett.
Who signed the Fastly (FSLY) Form 144 and in what capacity?
The notice is signed on August 27, 2026 by /s/ Tara Seracka as Attorney-in-Fact for Scott Lovett, indicating the filing was submitted under a power of attorney on behalf of the selling security holder.
AI-generated analysis. How Rhea-AI works. Not financial advice.