[Form 4] Fastly, Inc. Insider Trading Activity
Fastly insider sale by CEO/Director Charles Lacey Compton III.
Rhea-AI Filing Summary
Fastly insider sale by CEO/Director Charles Lacey Compton III. The Form 4 reports a sale of 2,954 shares of Class A common stock on 09/03/2025 at $7.45 per share to satisfy tax obligations arising from the vesting of previously granted restricted stock units. After the reported sale, the reporting person beneficially owns 670,691 shares, held directly. The filing was submitted by one reporting person and signed by an attorney-in-fact on 09/05/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale to cover taxes; not a material change to ownership.
The reported sale of 2,954 shares at $7.45 is explicitly described as a sell-to-cover transaction tied to RSU vesting. Such transactions are common for executives and typically reflect tax-liability management rather than a directional view on the company. The remaining direct beneficial ownership of 670,691 shares suggests continued material ownership. Because the filing shows a small percentage disposition relative to total holdings, the transaction is informational and unlikely to be materially impactful to investors.
TL;DR: Disclosure aligns with Section 16 requirements; no governance red flags in this filing.
The Form 4 clearly identifies the reporting person as CEO and Director and documents the disposition as tax-related from vested RSUs. The timely filing and use of an attorney-in-fact signature indicate procedural compliance. There is no evidence in the form of unusual derivative activity, accelerated sales, or coordination with other insiders in this single-person filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,954 | $7.45 | $22K |
Footnotes (1)
- F1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
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