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FSLY Form 144 Reports Proposed Sale and Recent Insider Dispositions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Fastly, Inc. Rule 144 notice for proposed and recent insider sales. The filing shows a proposed sale of 616 shares of Common stock to be executed on 09/03/2025 through E*TRADE Securities; the filing lists an aggregate market value for those shares of 4466. The securities were acquired on 08/15/2025 as restricted shares from Fastly, Inc. The form also discloses two prior sales by Scott Lovett: 127,608 Class A shares on 06/17/2025 for gross proceeds of 886,875.6, and 9,076 Class A shares on 08/18/2025 for 62,442.88. The issuer’s total shares outstanding are listed as 148,788,543 and the securities exchange is NYSE.

Positive

  • Compliance: The filer provided required Rule 144 details including acquisition dates, broker information, and attestation.
  • Transparency: Prior large sales by Scott Lovett are disclosed with dates and gross proceeds, allowing investor visibility.

Negative

  • Insider selling: Substantial prior dispositions reported (127,608 and 9,076 shares) which may be viewed unfavorably by some investors.

Insights

TL;DR: Insider sales disclosed; proposed small sale follows large prior dispositions, documentation is compliant with Rule 144 reporting.

The filing documents a proposed sale of 616 restricted shares and reports two recent significant sales by Scott Lovett totaling 136,684 Class A shares that generated combined gross proceeds of 949,318.48. Relative to the issuer's 148,788,543 shares outstanding, the prior sales represent a small percentage of total outstanding stock. The notice includes acquisition dates and sale dates, broker details, and required attestation about material nonpublic information.

TL;DR: Disclosure appears complete for a Rule 144 notice; no new governance actions or material issuer events disclosed.

The document provides the mechanics of the proposed sale and prior transactions, identifies the broker and marketplace, and contains the required attestation by the seller regarding material nonpublic information. The filing does not disclose changes in management, related-party transactions beyond the sales, or issuer-level governance developments.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 for Fastly (FSLY) disclose?

The filing discloses a proposed sale of 616 common shares on 09/03/2025 via E*TRADE and prior sales of 127,608 and 9,076 Class A shares on 06/17/2025 and 08/18/2025 respectively.

Who executed prior sales reported in the filing?

Prior sales were executed by Scott Lovett at the address shown; proceeds were 886,875.6 and 62,442.88 for the two reported transactions.

How many shares does Fastly have outstanding according to the filing?

The filing lists 148,788,543 shares outstanding.

Were the shares to be sold restricted or unrestricted?

The securities to be sold were acquired as restricted on 08/15/2025 from Fastly, Inc. according to the acquisition table.

Which broker and exchange are listed for the proposed sale?

The broker is listed as E*TRADE SECURITIES LLC and the exchange is the NYSE.
Fastly

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United States
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