Fastly executive sells shares to cover RSU taxes

Fastly, Inc. executive Scott R. Lovett, President, Go to Market, reported an open-market sale of Class A common stock that was made to satisfy tax obligations from the vesting of previously granted Restricted Stock Units.

Rhea-AI Filing Summary

Fastly, Inc. executive Scott R. Lovett, President, Go to Market, reported an open-market sale of Class A common stock that was made to satisfy tax obligations from the vesting of previously granted Restricted Stock Units. He sold 34,919 shares at a weighted average price of $18.15 per share. Following the transaction, he directly holds 1,434,494 shares of Fastly Class A common stock, indicating this was a relatively small, tax-driven disposition compared with his remaining stake. The shares were sold in multiple trades at prices ranging from $17.83 to $18.16.

Insider Trade Summary

Net Seller: 34,919 shares

Net Sell 1 txn

Insider Lovett Scott R.

Role President, Go to Market

Sold 34,919 shs ($634K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	34,919	$18.15	$634K

Holdings After Transaction: Class A Common Stock — 1,434,494 shares (Direct)

Footnotes (2)

1. F1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.83 to $18.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

Key Figures

Shares sold: 34,919 shares Weighted average sale price: $18.15 per share Post-transaction holdings: 1,434,494 shares +1 more

4 metrics

Shares sold 34,919 shares Open-market sale on June 16, 2026

Weighted average sale price $18.15 per share Class A common stock transaction

Post-transaction holdings 1,434,494 shares Shares of Fastly Class A common stock held directly

Trade price range $17.83–$18.16 per share Multiple transactions within reported sale

Key Terms

Restricted Stock Units, weighted average price, open-market sale, Class A Common Stock

4 terms

Restricted Stock Units financial

"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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action":"open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title":"Class A Common Stock""

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Fastly reported that executive Scott R. Lovett sold 34,919 shares of Class A common stock. The sale was conducted in the open market to cover tax obligations arising from the vesting of previously granted Restricted Stock Units.

At what price did Scott R. Lovett sell Fastly (FSLY) shares?

The reported weighted average sale price was $18.15 per share. According to the disclosure, the shares were sold in multiple transactions at prices ranging from $17.83 to $18.16, and detailed trade breakdowns are available upon request from the company or the SEC.

Why did Scott R. Lovett sell Fastly (FSLY) stock according to the filing?

The filing states that shares were sold to satisfy tax obligations related to vesting Restricted Stock Units. This indicates the transaction was driven by tax requirements tied to compensation, rather than a purely discretionary decision to change his investment exposure.

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

After the reported sale, Scott R. Lovett directly holds 1,434,494 shares of Fastly Class A common stock. This remaining position shows he continues to maintain a substantial stake in the company following the tax-related disposition.

Was the Fastly (FSLY) insider sale a large portion of Scott R. Lovett’s holdings?

Lovett sold 34,919 shares while retaining 1,434,494 shares afterward. Based on these figures in the disclosure, the transaction represents only a small portion of his total reported holdings and was specifically linked to tax obligations from RSU vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/18/2026 - 04:58 PM EDT Learn about SEC filing dates

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 CALIFORNIA 94107

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/16/2026		S(1)		34,919	D	$18.15(2)	1,434,494	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.83 to $18.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

Remarks:

	/s/ Tara Seracka, Attorney-in-Fact	06/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)