Fastly (FSLY) CEO sells 45,609 shares in tax-related 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. CEO Charles Lacey Compton III reported two open-market sales of Class A common stock. On May 18, 2026, he sold 34,334 shares at a weighted average price of $16.85 per share. On May 19, 2026, he sold 11,275 shares at a weighted average price of $16.48 per share.
Footnotes state that shares were sold to satisfy tax obligations tied to the vesting of previously granted restricted stock units and that the transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on August 27, 2025. After these sales, he directly holds 1,088,286 shares of Fastly Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 45,609 shares ($764,340)
Net Sell
2 txns
Insider
Compton Charles Lacey III
Role
CEO
Sold
45,609 shs ($764K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,275 | $16.48 | $186K |
| Sale | Class A Common Stock | 34,334 | $16.85 | $579K |
Holdings After Transaction:
Class A Common Stock — 1,088,286 shares (Direct, null)
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 $16.65 to $16.85, inclusive. 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 ranges set forth in footnotes (2) and (4) to this Form 4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.23 to $16.71, inclusive.
Key Figures
Shares sold May 18, 2026: 34,334 shares at $16.85
Shares sold May 19, 2026: 11,275 shares at $16.48
Total shares sold: 45,609 shares
+3 more
6 metrics
Shares sold May 18, 2026
34,334 shares at $16.85
Open-market sale of Class A common stock
Shares sold May 19, 2026
11,275 shares at $16.48
Open-market sale of Class A common stock
Total shares sold
45,609 shares
Combined open-market sales reported in this Form 4
Shares held after transactions
1,088,286 shares
Direct holdings of Fastly Class A common stock post-sale
Price range May 18 sales
$16.65–$16.85
Weighted average price disclosure for May 18 trades
Price range May 19 sales
$16.23–$16.71
Weighted average price disclosure for May 19 trades
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, weighted average price
3 terms
Restricted Stock Units financial
"Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units."
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.
Rule 10b5-1 trading plan financial
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.65 to $16.85, inclusive."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What does the weighted average price disclosure mean in Fastly (FSLY) CEO’s Form 4?
The filing notes that reported prices are weighted average prices across multiple trades. Actual sales occurred in price ranges of $16.65–$16.85 and $16.23–$16.71, and the CEO undertakes to provide detailed trade prices upon request to interested parties.