Fastly director plans $1.17M stock sale
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) director-level insider Charles L. Compton III filed a notice of proposed sale under Rule 144 covering up to 50,392 shares of common stock, with an indicated aggregate market value of $1,167,078.72, when there were 159,300,000 shares outstanding on Nasdaq.
The shares to be sold were acquired from Fastly through the vesting of restricted stock units and performance stock units during the period from January 15, 2026 through August 28, 2026. The notice also lists multiple common stock sales in the prior three months, some under a Rule 10b5-1 trading plan.
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Key Figures
Shares proposed for sale under Rule 144: 50,392 shares
Aggregate market value of proposed sale: $1,167,078.72
Shares outstanding: 159,300,000 shares
+3 more
6 metrics
Shares proposed for sale under Rule 144
50,392 shares
Maximum Fastly common shares covered by the notice
Aggregate market value of proposed sale
$1,167,078.72
Value associated with 50,392 shares in the notice
Shares outstanding
159,300,000 shares
Fastly common shares outstanding as referenced in the notice
Recent sale on September 1, 2026
55,579 shares for $1,188,669.26
Common stock sale by Charles L. Compton III
Recent sale on August 18, 2026
34,552 shares for $988,336.04
Common stock sale by Charles L. Compton III
Recent sale on August 4, 2026
14,868 shares for $371,700.00
Common stock sale identified as a 10b5-1 sale
Key Terms
Rule 144, restricted stock units, performance stock units, Rule 10b5-1
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 stock units financial
"acquired upon the vesting of restricted stock units and performance"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"vesting of restricted stock units and performance stock units during"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Rule 10b5-1 regulatory
"10b5-1 Sales for CHARLES L COMPTON III 475 Brannan Street"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Fastly (FSLY) disclose in this Form 144?
The notice reports that Charles L. Compton III may sell up to 50,392 shares of Fastly common stock under Rule 144, representing shares acquired upon vesting of restricted stock units and performance stock units.
What recent Fastly (FSLY) stock sales by Charles L. Compton III are disclosed?
Recent sales include, among others, 55,579 shares on September 1, 2026 for $1,188,669.26 and 34,552 shares on August 18, 2026 for $988,336.04, with several transactions identified as 10b5-1 sales.
Was a trading plan referenced for the Fastly (FSLY) insider sales?
Yes. Multiple recent dispositions are labeled as 10b5-1 sales for Charles L. Compton III, indicating sales made pursuant to a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.