Fastly (NYSE: FSLY) executive sells 19,622 shares to cover RSU taxes

Rhea-AI Filing Summary

Fastly, Inc. executive Scott R. Lovett, President, Go to Market, reported an open-market sale of 19,622 shares of Class A Common Stock on May 29, 2026 at an average price of $16.96 per share.

The filing states these shares were sold to satisfy tax obligations related to the vesting of previously granted Restricted Stock Units. After this transaction, Lovett directly holds 1,469,413 Fastly shares, indicating he retains a substantial equity position in the company.

Insider Trade Summary

Net Seller: 19,622 shares ($332,789)

Net Sell 1 txn

Insider Lovett Scott R.

Role President, Go to Market

Sold 19,622 shs ($333K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	19,622	$16.96	$333K

Holdings After Transaction: Class A Common Stock — 1,469,413 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 19,622 shares Sale price: $16.96 per share Shares held after transaction: 1,469,413 shares

3 metrics

Shares sold 19,622 shares Class A Common Stock sold on May 29, 2026

Sale price $16.96 per share Average price for the 19,622 shares sold

Shares held after transaction 1,469,413 shares Direct Fastly holdings after the reported sale

Key Terms

Restricted Stock Units, open-market sale, tax obligations

3 terms

Restricted Stock Units financial

"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.

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.

tax obligations financial

"Shares sold to satisfy tax obligations in connection with the vesting"

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Form 4 Insider Transactions: What Each Field Means →

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)
05/29/2026

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	05/29/2026		S(1)		19,622	D	$16.96	1,469,413	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.

Remarks:

	/s/ Tara Seracka, Attorney-in-Fact	06/02/2026
	** 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)

FAQ

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

Fastly reported that executive Scott R. Lovett sold 19,622 shares of Class A Common Stock. The transaction occurred on May 29, 2026 and was reported as an open-market sale on a Form 4 insider trading report.

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

Scott R. Lovett sold 19,622 Fastly Class A shares at an average price of $16.96 per share. This price reflects the consideration received in the reported open-market sale disclosed in the Form 4 filing.

Why did Fastly executive Scott R. Lovett sell 19,622 shares of FSLY stock?

The filing states the 19,622 shares were sold to satisfy tax obligations. These taxes arose in connection with the vesting of previously granted Restricted Stock Units, indicating the sale was tied to equity compensation rather than a standalone strategic stock decision.

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

After the reported sale, Scott R. Lovett directly holds 1,469,413 shares of Fastly Class A Common Stock. This post-transaction holding is disclosed in the Form 4 and shows his remaining ownership stake following the tax-related sale.

What is Scott R. Lovett’s role at Fastly (FSLY) in this Form 4 filing?

Scott R. Lovett is identified as an officer of Fastly with the title "President, Go to Market." His position and role are disclosed in the insider trading report, which helps investors understand the seniority of the person involved in the transaction.

Was the Fastly (FSLY) insider sale related to stock options or RSUs?

According to the footnote, the sale was linked to Restricted Stock Units. Shares were sold to satisfy tax obligations arising from the vesting of previously granted RSUs, connecting the transaction directly to equity-based compensation rather than a new option exercise.