Fastly (FSLY) director sells 18,248 shares at $7.61
Fastly, Inc. insider sale disclosed on Form 4.
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 18,248 | $7.61 | $139K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fastly director Richard Devon Daniels sell according to Form 4 (FSLY)?
Were any derivative securities reported in this Fastly Form 4 filing?
Who signed the Form 4 for the reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.