Fastly (NYSE: FSLY) CFO sells 47,676 shares in preset 10b5-1 plan
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) reported that its CFO, Richard Wong, sold shares of Class A Common Stock in market transactions on August 21, 2026 pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2026. The sales totaled 47,676 shares at weighted average prices of $23.64, $24.29, and $24.95, each representing multiple trades within specified price ranges.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 47,676 shares
Net Sell
3 txns
Insider
WONG RICHARD
Role
CFO
Sold
47,676 shs ($1.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 16,855 | $23.64 | $398K |
| Sale | Class A Common Stock F1, F3 | 29,013 | $24.29 | $705K |
| Sale | Class A Common Stock F1, F4 | 1,808 | $24.95 | $45K |
Holdings After Transaction:
Class A Common Stock — 1,043,610 shares (Direct)
Footnotes (4)
- F1. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.94 to $23.935, 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), (3) and (4) to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.94 to $24.93, inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.94 to $24.96, inclusive.
Key Figures
Shares sold (first transaction): 16,855 shares
Shares sold (second transaction): 29,013 shares
Shares sold (third transaction): 1,808 shares
+4 more
7 metrics
Shares sold (first transaction)
16,855 shares
Class A Common Stock sale on August 21, 2026 at weighted average price $23.64
Shares sold (second transaction)
29,013 shares
Class A Common Stock sale on August 21, 2026 at weighted average price $24.29
Shares sold (third transaction)
1,808 shares
Class A Common Stock sale on August 21, 2026 at weighted average price $24.95
Total shares sold
47,676 shares
Aggregate of three reported sale transactions by CFO Richard Wong
Price range for 16,855-share sale
$22.94–$23.935
Multiple transactions, weighted average $23.64
Price range for 29,013-share sale
$23.94–$24.93
Multiple transactions, weighted average $24.29
Price range for 1,808-share sale
$24.94–$24.96
Multiple transactions, weighted average $24.95
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 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.
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.
open market or private transaction market
"Sale in open market or private transaction"
FAQ
What insider transaction did Fastly (FSLY) disclose for CFO Richard Wong?
Fastly disclosed that CFO Richard Wong sold a total of 47,676 shares of Class A Common Stock on August 21, 2026 in open market or private transactions, all effected under a Rule 10b5-1 trading plan he adopted on May 22, 2026.
Were Fastly (FSLY) CFO Richard Wong’s sales made under a Rule 10b5-1 plan?
Yes. The filing states each sale “was effected pursuant to a Rule 10b5-1 trading plan” adopted by Richard Wong on May 22, 2026, and the filing’s Rule 10b5-1 checkbox is affirmed, indicating the trades followed that pre-arranged plan.
Did the Form 4 for Fastly (FSLY) disclose the CFO’s holdings after the sales?
No post-transaction share balance is provided in the reported rows; the Form 4 lists the shares sold and their prices but does not state a total number of Fastly shares held by Richard Wong after these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.