Fastly (NYSE: FSLY) insider to sell $69K in stock via trust
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) is the issuer in a Form 144 notice relating to a planned sale of its Class A common stock. The notice covers a proposed sale of 3,000 Class A shares for an aggregate market value of $69,000.00 through Fidelity Brokerage Services LLC on NASDAQ on or about August 31, 2026. The securities were originally acquired on June 15, 2023 via restricted stock vesting as compensation from the issuer. The filing notes that today’s sale occurred in the Paisley Living Trust, of which Christopher B. Paisley is a trustee, and is submitted by Fidelity as attorney-in-fact for him.
Positive
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Negative
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Key Figures
Shares to be sold: 3,000 shares of Class A
Aggregate market value: $69,000.00
Shares outstanding: 159,300,000 shares
+3 more
6 metrics
Shares to be sold
3,000 shares of Class A
Proposed sale of Fastly, Inc. Class A common stock under Form 144
Aggregate market value
$69,000.00
Aggregate market value of the 3,000 Class A shares to be sold
Shares outstanding
159,300,000 shares
Number of Fastly, Inc. shares outstanding listed in the Form 144 table
Proposed sale date
08/31/2026
Date listed for the proposed NASDAQ sale of the shares
Acquisition date
06/15/2023
Date the 3,000 shares were acquired via restricted stock vesting as compensation
Date of notice
08/31/2026
Date on which the Form 144 notice is dated
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact, Compensation
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 Vesting financial
"Class A | 06/15/2023 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for"
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.
Compensation financial
"3000 | 06/15/2023 | Compensation"
FAQ
Who is the beneficial owner in the Fastly (FSLY) Form 144 filing?
The securities are being sold for the account of Christopher B. Paisley, with the filing noting that today’s sale occurred in the Paisley Living Trust, of which he is a trustee.
Who submitted the Fastly (FSLY) Form 144 on behalf of the selling security holder?
The notice is signed by Jennifer Ruchti, described as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Christopher B. Paisley.
AI-generated analysis. How Rhea-AI works. Not financial advice.