Fastly CEO sells shares for tax obligations
Fastly, Inc. CEO Charles Lacey Compton III reported an open-market sale of Class A common stock mainly to cover taxes on equity compensation.
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Rhea-AI Filing Summary
Fastly, Inc. CEO Charles Lacey Compton III reported an open-market sale of Class A common stock mainly to cover taxes on equity compensation. On May 29, 2026, he sold 15,028 shares at $16.96 per share, as noted in a footnote explaining the sale satisfied tax obligations tied to vesting Restricted Stock Units. Following this transaction, he still directly holds 1,073,258 shares, indicating the sale is small relative to his remaining stake and primarily driven by tax needs rather than a change in his overall position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,028 | $16.96 | $255K |
Footnotes (1)
- F1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
Key Figures
Key Terms
Restricted Stock Units financial
open-market sale financial
Class A Common Stock financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fastly (FSLY) CEO Charles Lacey Compton III report in this Form 4?
Is the Fastly (FSLY) CEO’s Form 4 transaction a routine tax sale or a large discretionary sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.