[Form 4] Fastly, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Fastly, Inc. insider sale disclosed on Form 4. Richard Devon Daniels, identified as a director, reported the sale of 18,248 shares of Class A common stock on 08/29/2025 at a weighted-average price of $7.61 per share. After the reported transaction, the filing shows 67,652 shares beneficially owned by Mr. Daniels in a direct capacity. No derivative transactions are reported. The form is signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Timely and compliant disclosure of the insider sale under Section 16 with required explanatory footnote
• Clear post-transaction ownership reported: 67,652 shares held directly after the sale

Negative

• Director sale of 18,248 shares may be viewed negatively by some investors as insider selling pressure

Insights

Securities Analyst

TL;DR Routine director sale disclosed; transaction size modest relative to typical insider dispositions.

The Form 4 documents an open-market sale by a company director of 18,248 Class A shares at a weighted-average price of $7.61 on 08/29/2025, leaving 67,652 shares held directly. There are no derivative positions reported. The filer includes the standard footnote that the reported price is a weighted average of multiple trades between $7.58 and $7.67. This disclosure is consistent with routine liquidity or portfolio-management activity and is properly reported under Section 16.

Corporate Governance Expert

TL;DR Timely, compliant insider reporting; single-line sale with full-range footnote provided.

The submission identifies the reporting person as a director and indicates an individual filing. The filing includes the required explanatory footnote about the weighted-average sale price range and a signature by an attorney-in-fact. From a governance perspective, the form shows compliance with Section 16 reporting obligations and provides a clear record of the director's post-transaction beneficial ownership. No additional governance issues are disclosed.

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
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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^*

Daniels Richard Devon

(Last) (First) (Middle)

C/O FASTLY, INC.

475 BRANNAN STREET, SUITE 300

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Fastly, Inc. [ FSLY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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

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

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

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	08/29/2025		S		18,248	D	$7.61(1)	67,652	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.58 to $7.67. 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 (1) to this Form 4.

Remarks:

	/s/ Tara Seracka, Attorney-in-Fact	09/03/2025
	** 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.

FAQ

What did Fastly director Richard Devon Daniels sell according to Form 4 (FSLY)?

He sold 18,248 shares of Class A common stock on 08/29/2025 at a weighted-average price of $7.61 per share.

How many Fastly (FSLY) shares does the reporting director own after the sale?

The Form 4 reports 67,652 shares beneficially owned by the reporting person in a direct capacity following the transaction.

Were any derivative securities reported in this Fastly Form 4 filing?

No derivative securities are reported in Table II; the filing only lists a non-derivative sale of Class A common stock.

What price range were the shares sold at in the FSLY Form 4?

The explanatory footnote states the shares were sold in multiple transactions at prices ranging from $7.58 to $7.67, with a weighted-average of $7.61.

Who signed the Form 4 for the reporting person?

The form is signed by Tara Seracka, Attorney-in-Fact on behalf of the reporting person, dated 09/03/2025.