FSLY Rule 144 Notice: Insider Sells 15,180 Shares via E*TRADE
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) Form 144 notice: The filer intends to sell 15,180 shares of common stock through E*TRADE on 08/18/2025 with an aggregate market value of $113,243. The company has 147,358,737 shares outstanding.
The shares were acquired on 08/15/2025 as restricted stock from Fastly, Inc. and the filer records prior open-market sales by Charles L. Compton III of 11,379 shares on 07/16/2025 for $78,173.73 and 2,183 shares on 07/17/2025 for $14,909.89. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice for recently acquired restricted shares, with recent small dispositions by an insider.
The filing documents a planned sale of 15,180 restricted shares under Rule 144, executed via E*TRADE on 08/18/2025. The acquisition date (08/15/2025) is recent relative to the planned sale date, which suggests the filer believes sale conditions under Rule 144 are met or will be satisfied. Prior sales by Charles L. Compton III in mid-July are disclosed with gross proceeds, indicating recent liquidity events by an insider or related person. The filing includes the standard certification about nonexistence of undisclosed material adverse information.
TL;DR: Disclosure appears procedural and non-material to company operations; monitor timing relative to holding-period rules.
This notice is a compliance disclosure rather than a corporate-action filing. Key items: 15,180 shares (aggregate value $113,243) against 147.36M shares outstanding is immaterial by percentage. The recent acquisition marked as "restricted" and near-term planned sale warrants attention to whether resale conditions (holding period, public information) are satisfied. The statement that no material nonpublic information exists is included, as required.