Fastly (NYSE: FSLY) CEO sells 12,916 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. CEO and director Charles Lacey Compton III reported an open-market sale of 12,916 shares of Class A common stock at a weighted average price of $17.53 per share. According to the filing, the shares were sold to satisfy tax obligations tied to the vesting of previously granted restricted stock units. After this transaction, Compton directly owns 599,316 Fastly shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,916 shares ($226,417)
Net Sell
1 txn
Insider
Compton Charles Lacey III
Role
CEO
Sold
12,916 shs ($226K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,916 | $17.53 | $226K |
Holdings After Transaction:
Class A Common Stock — 599,316 shares (Direct)
Footnotes (1)
- Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.36 to $17.53. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
FAQ
What did Fastly (FSLY) CEO Charles Lacey Compton III report in this Form 4?
The Form 4 shows Fastly CEO Charles Lacey Compton III sold 12,916 shares of Class A common stock. The transaction was an open-market sale at a weighted average price of $17.53 per share, disclosed as a tax-related sale.