Fastly (NYSE: FSLY) CEO’s 45,750-share sale spans tax trade and 10b5-1 plan
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) reported that CEO and director Charles Lacey Compton III sold a total of 45,750 shares of Class A Common Stock in open-market transactions on August 18–19, 2026. Of these, 34,552 shares on August 18 were sold to satisfy tax obligations related to vesting Restricted Stock Units.
Additional sales on August 19 totaled 11,198 shares at weighted average prices reported around the mid‑$20 range per share. The filing states that the August 19 sales were effected pursuant to a Rule 10b5-1 trading plan adopted on August 27, 2025.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 45,750 shares
Net Sell
4 txns
Insider
Compton Charles Lacey III
Role
CEO
Sold
45,750 shs ($1.26M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F3, F4 | 5,098 | $24.08 | $123K |
| Sale | Class A Common Stock F3, F5 | 5,400 | $25.08 | $135K |
| Sale | Class A Common Stock F3, F6 | 700 | $26.05 | $18K |
| Sale | Class A Common Stock F1, F2 | 34,552 | $28.60 | $988K |
Holdings After Transaction:
Class A Common Stock — 984,842 shares (Direct)
Footnotes (6)
- F1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.60 to $29.11, 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), (4), (5) and (6) to this Form 4.
- F3. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.63 to $24.62, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.64 to $25.57, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.70 to $26.30, inclusive.
Key Figures
Total shares sold: 45,750 shares
Tax-related sale shares: 34,552 shares
Sale on 2026-08-18 price: $28.60 per share
+4 more
7 metrics
Total shares sold
45,750 shares
Aggregate net-sell activity reported across four Class A Common Stock transactions
Tax-related sale shares
34,552 shares
Shares sold on August 18, 2026 to satisfy tax obligations from RSU vesting
Sale on 2026-08-18 price
$28.60 per share
Weighted average price for 34,552-share sale on August 18, 2026
Sale on 2026-08-19 price leg 1
$24.08 per share
Weighted average price for 5,098-share sale on August 19, 2026
Sale on 2026-08-19 price leg 2
$25.08 per share
Weighted average price for 5,400-share sale on August 19, 2026
Sale on 2026-08-19 price leg 3
$26.05 per share
Weighted average price for 700-share sale on August 19, 2026
Rule 10b5-1 plan adoption date
August 27, 2025
Date CEO adopted trading plan governing the August 19, 2026 sales
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
Restricted Stock Units financial
"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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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 insider activity did Fastly (FSLY) disclose for CEO Charles Lacey Compton III?
Fastly (FSLY) disclosed that CEO Charles Lacey Compton III reported four open‑market sales of Class A Common Stock on August 18–19, 2026, totaling 45,750 shares, as reflected in this Form 4 filing.
Were the Fastly (FSLY) CEO’s August 19, 2026 sales under a Rule 10b5-1 plan?
Yes. A footnote states that the sales reported in this Form 4 on August 19, 2026 were effected pursuant to a Rule 10b5‑1 trading plan adopted by the CEO on August 27, 2025.
Does the Form 4 state the CEO’s Fastly (FSLY) holdings after these sales?
No resulting share balances are provided in the non‑derivative transaction rows; the total_shares_following_transaction fields for these sales are blank in the structured data, so post‑transaction holdings are not specified here.
AI-generated analysis. How Rhea-AI works. Not financial advice.