[Form 4] Fastly, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Scott R. Lovett, President, Go to Market at Fastly, Inc. (FSLY), reported the sale of 9,076 shares of Class A common stock on 08/18/2025 at a weighted average price of $6.88 per share (sales ranged $6.84–$6.88). The filing states these shares were sold to satisfy tax obligations arising from the vesting of previously granted restricted stock units. After the sale, the reporting person beneficially owns 1,344,735 shares (direct ownership). The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/20/2025.

Insights

Securities Analyst

TL;DR: Routine insider sale to cover taxes; large remaining stake suggests continued alignment with shareholders.

The transaction is coded as a sale to satisfy tax obligations related to vested RSUs, a common liquidity event for executives with equity compensation. The amount sold (9,076 shares) is small relative to the reported post-transaction holding of 1,344,735 shares, indicating the reporting person retains a substantial direct position. There is no indication of derivative transactions or other disposals in this filing. For investors, this filing documents a routine administrative sale rather than a strategic divestment.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported RSU-related sale; signature by attorney-in-fact is properly noted.

The Form 4 clearly states the relationship to the issuer, transaction date, volume, price range, and purpose (tax withholding on RSU vesting). The filing includes an explanatory footnote and the attorney-in-fact signature, meeting standard disclosure practices under Section 16. There are no governance red flags or indications of unusual timing or coordinated sales in this single filing.

Insider Trade Summary

Net Seller: 9,076 shares ($62,443)

Net Sell 1 txn

Insider Lovett Scott R.

Role President, Go to Market

Sold 9,076 shs ($62K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	9,076	$6.88	$62K

Holdings After Transaction: Class A Common Stock — 1,344,735 shares (Direct)

Footnotes (1)

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 $6.84 to $6.88. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lovett Scott R.

(Last) (First) (Middle)

C/O FASTLY, INC.

475 BRANNAN STREET, SUITE 300

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Fastly, Inc. [ FSLY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Go to Market

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/18/2025		S(1)		9,076	D	$6.88(2)	1,344,735	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.84 to $6.88. 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.

Remarks:

	/s/ Tara Seracka, Attorney-in-Fact	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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