Fastly (NYSE: FSLY) CTO trades 7,889 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Fastly, Inc. director and Chief Technology Officer Artur Bergman reported open-market sales of Class A common stock totaling 7,889 shares on June 3, 2026. The shares were sold by The Per Artur Bergman Revocable Trust under a Rule 10b5-1 trading plan adopted on June 3, 2025, at weighted average prices around $19.84 to $21.83 per share.
Footnotes state that 7,889 shares were contributed to the revocable trust in a transaction that changed Bergman’s beneficial ownership from direct to indirect for those shares. Following the transactions, he held 2,038,638 shares directly and additional indirect holdings through several trusts, including remainder trusts and grantor retained annuity trusts.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 7,889 shares
Net Sell
9 txns
Insider
Bergman Artur
Role
Chief Technology Officer
Sold
7,889 shs ($165K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,100 | $19.84 | $22K |
| Sale | Class A Common Stock | 6,689 | $21.13 | $141K |
| Sale | Class A Common Stock | 100 | $21.83 | $2K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,038,638 shares (Direct);
Class A Common Stock — 1,604,901 shares (Indirect, See Foonote);
Class A Common Stock — 1,949,691 shares (Indirect, See Footnote)
Footnotes (10)
- F1. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025.
- F2. The shares were sold by the Per Artur Bergman Revocable Trust, to which the reporting person contributed 7,889 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.49 to $20.16, 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 (3) and (4) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.83 to $21.56, inclusive.
- F5. The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
- F6. The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
- F7. The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
- F8. The shares are held by The PAB 2021 Remainder Trust, of which the reporting person is the investment advisor.
- F9. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee.
- F10. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 5, of which the reporting person is trustee.
Key Figures
Shares sold: 7,889 shares
Trade 1 size and price: 100 shares at $21.83
Trade 2 size and price: 6,689 shares at $21.13
+5 more
8 metrics
Shares sold
7,889 shares
Total Class A common stock sold on June 3, 2026
Trade 1 size and price
100 shares at $21.83
Open-market sale of Class A common stock
Trade 2 size and price
6,689 shares at $21.13
Open-market sale of Class A common stock
Trade 3 size and price
1,100 shares at $19.84
Open-market sale of Class A common stock
Direct holdings after trades
2,045,427 shares
Class A common stock held directly following transactions
Revocable Trust holdings
1,604,901 shares
Class A common stock held by Per Artur Bergman Revocable Trust
Remainder Trust One holdings
254,808 shares
Held by Artur Bergman Remainder Trust One DTD 5/2/2019
Grantor Retained Annuity Trust No. 4
840,005 shares
Held by Per Artur Bergman Grantor Retained Annuity Trust No. 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, 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 by the reporting person on June 3, 2025."
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.
Revocable Trust financial
"The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary."
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, of which the reporting person is trustee."
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.
beneficial ownership financial
"a transaction that resulted in a change in the form of beneficial ownership from direct to indirect."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Fastly (FSLY) CTO Artur Bergman report in this Form 4?
Artur Bergman reported open-market sales of 7,889 shares of Fastly Class A common stock. The shares were sold by his revocable trust under a Rule 10b5-1 trading plan, and his remaining direct and indirect holdings are detailed in multiple trust-related entries.
How did the Form 4 change Artur Bergman’s beneficial ownership structure in Fastly (FSLY)?
The filing notes that 7,889 shares were contributed to the Per Artur Bergman Revocable Trust, changing their beneficial ownership from direct to indirect. This reflects a shift in how some shares are held, while the total economic exposure is described across direct and trust holdings.