[144] Fastly, Inc. SEC Filing

Rhea-AI Filing Summary

Fastly, Inc. (FSLY) Form 144 shows a proposed sale of 8,984 shares of common stock through E*TRADE with an aggregate market value of $67,021, listed for sale on the NYSE around 08/18/2025. The shares were acquired on 08/15/2025 as restricted stock from Fastly, Inc.

The filing also discloses two recent sales by Scott Lovett: 4,745 shares sold on 05/16/2025 for $38,861.55 and 127,608 shares sold on 06/17/2025 for $886,875.60. The filing affirms the seller does not possess undisclosed material adverse information about the issuer.

Positive

• Transparent disclosure of a proposed sale under Rule 144 including broker, share count, and aggregate market value
• Recent sale history provided, listing two prior transactions with exact amounts and gross proceeds which aids investor transparency
• Seller's representation that no material undisclosed information is held, aligning with compliance expectations

Negative

• Substantial prior sale of 127,608 shares generating $886,875.60 may be perceived as significant insider liquidity
• Proposed sale reduces restricted shareholding, which could be interpreted by some stakeholders as increased insider selling activity

Insights

Securities Analyst

TL;DR Insider proposes to sell a modest block of restricted shares after recent sizable dispositions, fully disclosed per Rule 144.

The notice details a proposed sale of 8,984 common shares valued at $67,021 and confirms acquisition as restricted stock on 08/15/2025. Recent dispositions by the same person totaled 132,353 shares across two transactions generating roughly $925k in gross proceeds. For investors, the filing is a routine Rule 144 disclosure that provides transparency on insider liquidity events and recent trading activity; the sizes and timing of prior sales are material facts for monitoring insider behavior.

Corporate Governance Expert

TL;DR The Form 144 is a standard insider sale notice that meets disclosure requirements and reiterates the seller's representation regarding material nonpublic information.

The document affirms that the seller represents no undisclosed material adverse information and cites adoption of required representations for Rule 144 sales. It lists broker details and sale timing for compliance. From a governance perspective, timely and complete filing supports regulatory transparency; the prior large sale and repeated transactions are relevant to stakeholder oversight but are presented here as disclosed facts without explanatory context.

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

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	E*TRADE SECURITIES LLC. 4005 Windward Plaza Dr. Alpharetta GA 30005	8984	67021	147358737	08/18/2025	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	08/15/2025	RESTRICTED	FASTLY, INC.			8984	08/15/2025	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
Scott Lovett 475 Brannan Street, Suite 300 San Francisco CA 94107	Class A Common Stock	05/16/2025	4745	38861.55
Scott Lovett 475 Brannan Street, Suite 300 San Francisco CA 94107	Class A Common Stock	06/17/2025	127608	886875.6

144: Remarks and Signature

Remarks

Date of Notice

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)

FAQ

What does the Form 144 filed for FSLY disclose?

The filing discloses a proposed sale of 8,984 Fastly common shares via E*TRADE valued at $67,021, acquired as restricted stock on 08/15/2025.

Who previously sold Fastly shares and how many?

Scott Lovett sold 4,745 shares on 05/16/2025 for $38,861.55 and 127,608 shares on 06/17/2025 for $886,875.60.

Which broker is handling the proposed sale?

The proposed sale lists E*TRADE SECURITIES LLC, 4005 Windward Plaza Dr., Alpharetta GA as the broker.

On which exchange is the sale proposed to occur?

The sale is proposed to occur on the NYSE with an approximate sale date of 08/18/2025.

Does the filer state they possess any undisclosed material information?

No; the filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.