Fastly director receives 9,601-share stock award
Daniels Richard Devon reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Daniels Richard Devon reported acquisition or exercise transactions in this Form 4 filing.
Fastly, Inc. director Richard Devon Daniels received an equity award of 9,601 shares of Class A Common Stock in the form of restricted stock units. The RSUs were granted at no cash cost and will vest quarterly over one year, subject to continued board service. After this grant, Daniels directly holds 62,277 shares.
Insider Trade Summary
Grant/Award: 9,601 shares
Grant/Award
1 txn
Insider
Daniels Richard Devon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,601 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 62,277 shares (Direct)
Footnotes (1)
- 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.
Key Figures
RSU grant size: 9,601 shares
Grant price: $0.00 per share
Holdings after grant: 62,277 shares
+1 more
4 metrics
RSU grant size
9,601 shares
Restricted stock unit award of Class A Common Stock
Grant price
$0.00 per share
Reported transaction price for RSU grant
Holdings after grant
62,277 shares
Total Class A Common Stock held directly after transaction
Vesting period
One year
RSUs vest quarterly over one year from grant date
Key Terms
restricted stock units (RSUs), Class A Common Stock, vest quarterly, 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.
vest quarterly financial
"The RSUs vest quarterly over one year following the date of grant and will be fully vested"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Fastly (FSLY) director Richard Devon Daniels report?
Richard Devon Daniels reported receiving 9,601 shares of Fastly Class A Common Stock through a restricted stock unit grant. The award was recorded at a price of $0.00 per share and increased his direct holdings to 62,277 shares after the transaction.
What are the terms of the Fastly RSUs granted to Richard Devon Daniels?
The RSUs each represent a contingent right to receive one share of Fastly Class A Common Stock upon settlement. They 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, if service continues.
Is Richard Devon Daniels’ Fastly (FSLY) Form 4 a stock purchase or compensation award?
The Form 4 reports a compensation-related equity award, not an open-market stock purchase. Daniels received 9,601 shares via a restricted stock unit grant classified as a grant, award, or other acquisition, with a reported transaction price of $0.00 per share.
Over what period do Richard Devon Daniels’ Fastly RSUs vest?
The RSUs vest quarterly over one year following the grant date. They become fully vested on the earlier of the next annual meeting of Fastly stockholders, or the one-year anniversary of the grant date, assuming Daniels continues serving as a director through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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