Fastly director granted 9,601 RSUs in stock award
PAISLEY CHRISTOPHER B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
PAISLEY CHRISTOPHER B reported acquisition or exercise transactions in this Form 4 filing.
Fastly, Inc. director Christopher B. Paisley received 9,601 restricted stock units (RSUs) of Class A Common Stock as a grant. These RSUs vest quarterly over one year and will be fully vested on the earlier of the next annual stockholder meeting or the one-year anniversary of the grant, subject to continued board service. Following the grant, he directly holds 14,828 shares and indirectly holds 284,485 shares through the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,601 shares
Grant/Award
2 txns
Insider
PAISLEY CHRISTOPHER B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,601 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,828 shares (Direct);
Class A Common Stock — 284,485 shares (Indirect, See Footnote)
Footnotes (2)
- F1. 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. 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 of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the reporting person's service as a director ends at such meeting due to the failure to be re-elected or not standing for re-election) and the one year anniversary measured from the date of grant, each subject to continued service as a director of the Issuer through each applicable vesting date.
- F2. The shares are held by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94.
Key Figures
RSU grant size: 9,601 RSUs
Grant price per share: $0.00 per share
Direct holdings after grant: 14,828 shares
+1 more
4 metrics
RSU grant size
9,601 RSUs
Director equity grant of Class A Common Stock
Grant price per share
$0.00 per share
Stated price for RSU award
Direct holdings after grant
14,828 shares
Class A Common Stock directly owned post-transaction
Indirect trust holdings
284,485 shares
Held by Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94
Key Terms
restricted stock units (RSUs), vest quarterly over one year, Class A Common Stock, annual meeting of the Issuer's stockholders, +1 more
5 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.
vest quarterly over one year financial
"The RSUs vest quarterly over one year following the date of grant and will be fully vested..."
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.
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..."
indirect ownership financial
"The shares are held by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Fastly (FSLY) report for director Christopher B. Paisley?
Fastly reported that director Christopher B. Paisley received 9,601 restricted stock units (RSUs) of Class A Common Stock. The award is compensation-related, not an open-market purchase, and reflects standard equity grants for board service at the company.
How many Fastly (FSLY) RSUs were granted to Christopher B. Paisley and at what price?
Christopher B. Paisley was granted 9,601 RSUs of Fastly Class A Common Stock at a stated price of $0.00 per share. RSUs are stock-based compensation that convert into shares upon vesting, rather than shares bought in the market for cash.
What is the vesting schedule for Christopher B. Paisley’s Fastly (FSLY) RSU grant?
The 9,601 RSUs vest quarterly over one year following the grant date. They will be fully vested on the earlier of Fastly’s next annual stockholder meeting or the one-year anniversary of the grant, subject to Mr. Paisley’s continued service as a director.
How are Christopher B. Paisley’s indirect Fastly (FSLY) holdings structured?
Paisley’s indirect Fastly holdings, totaling 284,485 shares of Class A Common Stock, are held by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94. The Form 4 notes this trust structure in the ownership footnote for the indirect share position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
