Fastly (NYSE: FSLY) CTO sells 64K shares, keeps 1.6M via trust
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) reported that director and Chief Technology Officer Artur Bergman had entities associated with him sell a total of 64,074 shares of Class A common stock on August 18–19, 2026 in open-market transactions at weighted-average prices ranging from $23.57 to $29.13.
On August 18, 32,387 shares were sold to satisfy tax obligations related to vesting of Restricted Stock Units, and 1,060 shares shifted from direct to indirect ownership through contribution to the Per Artur Bergman Revocable Trust. On August 19, additional blocks of 11,088, 16,435, and 4,164 shares were sold by that revocable trust under a Rule 10b5-1 trading plan. Following these transactions, 1,605,961 shares are reported as held indirectly by the revocable trust, with further indirect holdings in several remainder and grantor retained annuity trusts for which Bergman serves as investment advisor or trustee.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 64,074 shares
Net Sell
10 txns
Insider
Bergman Artur
Role
Chief Technology Officer
Sold
64,074 shs ($1.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F4, F5, F6 | 11,088 | $23.94 | $265K |
| Sale | Class A Common Stock F4, F5, F7 | 16,435 | $24.98 | $411K |
| Sale | Class A Common Stock F4, F5, F8 | 4,164 | $25.78 | $107K |
| Sale | Class A Common Stock F1, F2, F3 | 32,387 | $28.60 | $926K |
| holding | Class A Common Stock F3, F9 | -- | -- | -- |
| holding | Class A Common Stock F10 | -- | -- | -- |
| holding | Class A Common Stock F11 | -- | -- | -- |
| holding | Class A Common Stock F12 | -- | -- | -- |
| holding | Class A Common Stock F13 | -- | -- | -- |
| holding | Class A Common Stock F14 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,973,504 shares (Direct);
Class A Common Stock — 1,605,961 shares (Indirect, See Footnote.);
Class A Common Stock — 1,949,691 shares (Indirect, See Footnote)
Footnotes (14)
- 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 $29.13, 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), (6), (7) and (8) to this Form 4.
- F3. Amounts reflect the shift from direct to indirect ownership of 1,060 shares contributed by Mr. Bergman to the Per Artur Bergman Revocable Trust on March 2, 2026.
- F4. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025.
- F5. The shares were sold by the Per Artur Bergman Revocable Trust, to which the reporting person contributed 31,687 shares of common stock of the Issuer in a transaction that resulted in a change in the form of beneficial ownership from direct to indirect.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.57 to $24.56, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.57 to $25.56, inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.58 to $26.56, inclusive.
- F9. The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
- F10. The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
- F11. The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
- F12. The shares are held by The PAB 2021 Remainder Trust, of which the reporting person is the investment advisor.
- F13. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee.
- F14. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 5, of which the reporting person is trustee.
Key Figures
Total shares sold: 64,074 shares
Shares sold for tax obligations: 32,387 shares
August 18, 2026 weighted-average price: $28.60 per share
+4 more
7 metrics
Total shares sold
64,074 shares
Net shares sold by entities associated with Artur Bergman per Form 4 transaction summary
Shares sold for tax obligations
32,387 shares
Shares sold on August 18, 2026 to satisfy tax obligations from RSU vesting
August 18, 2026 weighted-average price
$28.60 per share
Open-market sale with trades ranging from $28.60 to $29.13 per share
August 19, 2026 sale prices
$23.94, $24.98, $25.78 per share
Three reported weighted-average prices for separate sale blocks on August 19, 2026
Indirect holdings after transaction
1,605,961 shares
Class A common stock held indirectly by The Per Artur Bergman Revocable Trust after August 18, 2026
Shares contributed to revocable trust
31,687 shares
Shares of Fastly common stock contributed to The Per Artur Bergman Revocable Trust
Rule 10b5-1 plan adoption date
June 3, 2025
Adoption date of the trading plan governing the August 19, 2026 sales
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, Revocable Trust, Grantor Retained Annuity Trust, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
Revocable Trust financial
"The shares are held by The Per Artur Bergman Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Grantor Retained Annuity Trust financial
"The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
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 transactions did FSLY report for Artur Bergman on August 18–19, 2026?
Fastly reported that entities associated with Artur Bergman sold a total of 64,074 shares of Class A common stock on August 18–19, 2026 in open-market transactions, including a block to cover tax obligations from Restricted Stock Unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
