Fastly (FSLY) CEO Compton sells 36,694 shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. CEO Charles Lacey Compton III reported open-market sales of 36,694 shares of Class A common stock. On March 5, 2026, he sold 29,294 shares at a weighted average price of $20.55 and 7,400 shares at a weighted average price of $21.22.
According to the filing, these transactions were executed under a pre-established Rule 10b5-1 trading plan adopted on August 27, 2025. After the reported sales, he directly held 1,212,778 shares of Fastly Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 36,694 shares ($759,020)
Net Sell
2 txns
Insider
Compton Charles Lacey III
Role
CEO
Sold
36,694 shs ($759K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 29,294 | $20.55 | $602K |
| Sale | Class A Common Stock | 7,400 | $21.22 | $157K |
Holdings After Transaction:
Class A Common Stock — 1,220,178 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.09 to $21.08, 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 ranges set forth in footnotes (2) and (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.09 to $21.41, inclusive.
FAQ
What insider transaction did Fastly (FSLY) report for its CEO?
Fastly reported that CEO Charles Lacey Compton III sold 36,694 shares of Class A common stock. The sales occurred on March 5, 2026, in two open-market transactions at weighted average prices of $20.55 and $21.22 per share under a Rule 10b5-1 plan.
Was the Fastly (FSLY) CEO’s stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were executed pursuant to a Rule 10b5-1 trading plan adopted by the CEO on August 27, 2025. Such plans pre-schedule trades, helping separate routine diversification from discretionary trading decisions.
What do the price range footnotes mean in the Fastly (FSLY) Form 4?
The footnotes explain that reported prices are weighted averages for multiple trades. For the first block, trades ranged from $20.09 to $21.08, and for the second from $21.09 to $21.41. Detailed per-trade pricing is available from the reporting person upon request.