Fastly (NYSE: FSLY) CTO sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. Chief Technology Officer Artur Bergman reported an open-market sale of 6,225 shares of Class A Common Stock at $16.96 per share. According to the footnotes, these shares were sold to satisfy tax obligations tied to the vesting of previously granted Restricted Stock Units.
Following this transaction, Bergman directly holds 2,046,527 shares of Fastly Class A Common Stock. He also has additional indirect holdings through several personal and family trusts where he serves as trustee, settlor, sole beneficiary, or investment advisor.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,225 shares ($105,576)
Net Sell
7 txns
Insider
Bergman Artur
Role
Chief Technology Officer
Sold
6,225 shs ($106K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,225 | $16.96 | $106K |
| 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 — 2,046,527 shares (Direct, null);
Class A Common Stock — 1,604,901 shares (Indirect, See Foonote)
Footnotes (1)
- Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units. The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary. The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor. The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor. The shares are held by The PAB 2021 Remainder Trust, of which the reporting person is the investment advisor. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee. 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: 6,225 shares
Sale price per share: $16.96 per share
Direct holdings after transaction: 2,046,527 shares
+2 more
5 metrics
Shares sold
6,225 shares
Class A Common Stock sold on 2026-05-29
Sale price per share
$16.96 per share
Open-market sale on 2026-05-29
Direct holdings after transaction
2,046,527 shares
Class A Common Stock held directly after sale
Indirect holding example
1,604,901 shares
Class A Common Stock held indirectly in a trust
Indirect holding example
840,005 shares
Class A Common Stock held indirectly in a trust
Key Terms
Restricted Stock Units, Revocable Trust, Grantor Retained Annuity Trust, Remainder Trust
4 terms
Restricted Stock Units financial
"Shares sold to satisfy 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, 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.
Remainder Trust financial
"The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor."
FAQ
What did Fastly (FSLY) CTO Artur Bergman report in this Form 4?
Artur Bergman reported an open-market sale of 6,225 Fastly Class A shares at $16.96 per share. The sale was made to cover tax obligations related to the vesting of previously granted Restricted Stock Units, according to the filing’s footnotes.
Are the Fastly (FSLY) insider transactions tied to trusts or personal accounts?
The filing shows both direct and indirect holdings. Direct holdings total 2,046,527 shares after the sale, while indirect positions are held in multiple trusts, including a revocable trust, remainder trusts, and Grantor Retained Annuity Trusts associated with Artur Bergman.