Fastly director granted 9,601 RSUs
Fastly, Inc. director Charles J. Meyers received a grant of 9,601 restricted stock units (RSUs) of Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. director Charles J. Meyers received a grant of 9,601 restricted stock units (RSUs) of Class A Common Stock. Each RSU converts into one share upon settlement and vests quarterly over one year, subject to his continued board service, bringing his direct holdings to 97,775 shares.
Insider Trade Summary
Grant/Award: 9,601 shares
Grant/Award
1 txn
Insider
Meyers Charles J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,601 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 97,775 shares (Direct)
Footnotes (1)
- F1. The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest quarterly over one year following the date of grant and will be fully vested on the earlier of the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the reporting person's service as a director ends at such meeting due to the failure to be re-elected or not standing for re-election) and the one year anniversary measured from the date of grant, each subject to continued service as a director of the Issuer through each applicable vesting date.
Key Figures
RSUs granted: 9,601 shares
Price per share: $0.00 per share
Shares after transaction: 97,775 shares
+1 more
4 metrics
RSUs granted
9,601 shares
Restricted stock unit award to director on June 3, 2026
Price per share
$0.00 per share
Equity compensation grant, no cash paid by director
Shares after transaction
97,775 shares
Total Class A Common Stock directly held after RSU grant
Vesting schedule
Quarterly over 1 year
RSUs vest over one year following grant date
Key Terms
restricted stock units (RSUs), Class A Common Stock, vest quarterly, annual meeting of the Issuer's stockholders, +1 more
5 terms
restricted stock units (RSUs) financial
"The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest quarterly financial
"The RSUs vest quarterly over one year following the date of grant"
annual meeting of the Issuer's stockholders financial
"fully vested on the earlier of the date of the next annual meeting of the Issuer's stockholders"
continued service as a director financial
"each subject to continued service as a director of the Issuer through each applicable vesting date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fastly (FSLY) director Charles J. Meyers report in this Form 4?
Charles J. Meyers reported receiving a grant of 9,601 restricted stock units of Fastly Class A Common Stock. These RSUs are a form of equity compensation that convert into shares over time as they vest, increasing his direct ownership stake.
How do the new Fastly (FSLY) RSUs granted to Charles J. Meyers vest?
The 9,601 Fastly RSUs granted to Charles J. Meyers vest quarterly over one year from the grant date. Vesting continues only if he remains a director through each vesting date, aligning his compensation with ongoing board service and company performance.
What does each Fastly (FSLY) RSU granted to Charles J. Meyers represent?
Each RSU granted to Charles J. Meyers represents a contingent right to receive one share of Fastly Class A Common Stock. The RSUs convert into actual shares only upon settlement, after satisfying the time-based vesting and continued board service conditions.
When will Charles J. Meyers’ Fastly (FSLY) RSUs be fully vested?
The RSUs will be fully vested on the earlier of the next annual stockholders’ meeting (or just before it if he is not re-elected) or one year from the grant date. Vesting remains conditioned on his continued service as a Fastly director.
Is the RSU grant to Charles J. Meyers a cash transaction for Fastly (FSLY)?
No, the RSU grant involves no cash paid by Charles J. Meyers, as the reported price per share is zero. RSUs are a non-cash equity compensation award that delivers shares over time instead of requiring a purchase in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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