Fastly (NYSE: FSLY) grants 9,601 RSUs to board director Paula Loop
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Loop Paula reported acquisition or exercise transactions in this Form 4 filing.
Fastly, Inc. director Paula Loop received a grant of 9,601 restricted stock units representing Class A Common Stock on June 3, 2026. The RSUs vest quarterly over one year and will be fully vested by the earlier of the next annual stockholder meeting or the one-year anniversary of the grant, subject to continued board service. Following this equity award, her direct holdings total 97,775 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Loop Paula
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,601 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 97,775 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 9,601 shares
Grant price: $0.00 per share
Total holdings after grant: 97,775 shares
+2 more
5 metrics
RSUs granted
9,601 shares
Restricted stock units of Class A Common Stock granted June 3, 2026
Grant price
$0.00 per share
Compensation award, not an open-market purchase
Total holdings after grant
97,775 shares
Class A Common Stock directly held by Paula Loop following award
Vesting schedule
Quarterly over one year
RSUs fully vest by earlier of next annual meeting or one-year anniversary
Security title
Class A Common Stock
Underlying shares deliverable upon RSU settlement
Key Terms
restricted stock units (RSUs), Class A Common Stock, vesting, annual meeting of the Issuer's stockholders
4 terms
restricted stock units (RSUs) financial
"The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"The RSUs vest quarterly over one year following the date of grant and will be fully vested on the earlier of the date of the next annual meeting..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of the Issuer's stockholders financial
"fully vested on the earlier of the date of the next annual meeting of the Issuer's stockholders..."
FAQ
What did Fastly (FSLY) director Paula Loop receive in this Form 4 filing?
Paula Loop received 9,601 restricted stock units (RSUs) of Fastly Class A Common Stock as a board compensation grant. Each RSU converts into one share upon settlement, increasing her direct holdings to 97,775 shares after the award.
How do the 9,601 Fastly (FSLY) RSUs granted to Paula Loop vest?
The 9,601 Fastly RSUs vest quarterly over one year from the grant date. They become fully vested at the earlier of the next annual stockholder meeting or the one-year anniversary, provided she continues serving as a director through each vesting date.
Is the Fastly (FSLY) RSU grant to Paula Loop an open-market stock purchase?
No, the RSU grant to Paula Loop is compensation, not an open-market purchase. The Form 4 uses code “A” for a grant or award, with a price of $0.00 per share, indicating shares are awarded rather than bought in the market.
What conditions apply to the Fastly (FSLY) RSUs granted to Paula Loop?
The RSUs require continued service as a Fastly director through each vesting date. They vest quarterly over one year and are fully vested at the earlier of the next annual stockholder meeting or the one-year anniversary of the grant date.