Fastly (NYSE: FSLY) executive gets RSU grant and sells 73,715 shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Fastly, Inc. reported that officer Scott R. Lovett, President, Go to Market, received a grant of 135,869 shares of Class A common stock on March 4, 2026, represented by restricted stock units. Each RSU represents one share upon settlement.

According to the filing, 100% of these RSUs are subject to vesting. One-twelfth (8.33%) will vest on May 15, 2026, with the remaining RSUs vesting in 11 equal quarterly installments in August, November, February and May, each equal to one-twelfth, subject to his continued service. After this grant, he held 1,654,228 shares.

On the same date, Lovett sold 73,715 shares of Class A common stock at $21.06 per share. The transaction was described as a sale to satisfy tax obligations in connection with the vesting of previously granted RSUs. Following this sale, he held 1,580,513 shares of Fastly Class A common stock.

Insider Trade Summary

Net Seller: 73,715 shares ($1,552,438)

Net Sell 2 txns

Insider Lovett Scott R.

Role President, Go to Market

Sold 73,715 shs ($1.55M)

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	135,869	$0.00	--
Sale	Class A Common Stock	73,715	$21.06	$1.55M

Holdings After Transaction: Class A Common Stock — 1,654,228 shares (Direct)

Footnotes (1)

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. 100% of the RSUs are initially subject to vesting. One-twelfth (8.33%) of the total RSUs will vest on May 15, 2026 and the remainder will vest in 11 equal quarterly installments (August, November, February and May) of one-twelfth thereafter (8.33% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.

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Form 4 Insider Transactions: What Each Field Means →

03/05/2026 - 04:56 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lovett Scott R.

(Last)

(First)

(Middle)

C/O FASTLY, INC.

475 BRANNAN STREET, SUITE 300

(Street)

SAN FRANCISCO

94107

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Fastly, Inc. [ FSLY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, Go to Market

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	03/04/2026		A		135,869⁽¹⁾	A	$0	1,654,228	D
Class A Common Stock	03/04/2026		S⁽²⁾		73,715	D	$21.06	1,580,513	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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. 100% of the RSUs are initially subject to vesting. One-twelfth (8.33%) of the total RSUs will vest on May 15, 2026 and the remainder will vest in 11 equal quarterly installments (August, November, February and May) of one-twelfth thereafter (8.33% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.

2. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.

Remarks:

	/s/ Tara Seracka, Attorney-in-Fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Fastly (FSLY) report for Scott R. Lovett?

Fastly reported that Scott R. Lovett received a grant of 135,869 Class A common shares via restricted stock units and sold 73,715 shares at $21.06 per share. After these March 4, 2026 transactions, he directly held 1,580,513 shares of Fastly Class A common stock.

How many Fastly (FSLY) RSUs were granted to Scott R. Lovett and how do they vest?

Scott R. Lovett was granted 135,869 restricted stock units, each representing one Fastly Class A share. One-twelfth (8.33%) will vest on May 15, 2026, and the remaining units will vest in 11 equal quarterly installments, subject to his continued service with Fastly.

What is the vesting schedule for Scott R. Lovett’s new Fastly (FSLY) RSU award?

The RSU award vests over twelve installments. One-twelfth (8.33%) vests on May 15, 2026, and the remaining eleven twelfths vest in equal quarterly installments each August, November, February and May, contingent on Scott R. Lovett’s continued service through each vesting date.

Why did Scott R. Lovett sell Fastly (FSLY) shares on March 4, 2026?

The filing states that Scott R. Lovett sold 73,715 Fastly Class A shares at $21.06 per share to satisfy tax obligations. These obligations arose in connection with the vesting of previously granted restricted stock units, according to the transaction footnote disclosed in the document.

How many Fastly (FSLY) shares does Scott R. Lovett hold after the reported transactions?

After the March 4, 2026 transactions, Scott R. Lovett held 1,580,513 shares of Fastly Class A common stock directly. This reflects the 135,869-share RSU-related acquisition and the 73,715-share open-market sale described in the Form 4 insider filing.

What role does Scott R. Lovett hold at Fastly (FSLY) in this Form 4 filing?

Scott R. Lovett is identified as an officer of Fastly with the title “President, Go to Market.” The Form 4 reports his acquisition of 135,869 shares through restricted stock units and the related sale of 73,715 shares to cover tax obligations tied to prior RSU vesting.