Fastly CEO sells 70K shares in 10b5-1 trades
Fastly’s CEO disclosed pre-planned open-market sales totaling 70,607 shares, including shares sold to cover tax obligations from RSU vesting.
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) CEO and director Charles Lacey Compton III reported selling a total of 70,607 shares of Class A Common Stock in open-market transactions on August 31 and September 1, 2026. The sales were made under a Rule 10b5-1 trading plan, with 15,028 shares sold to satisfy tax obligations related to vesting Restricted Stock Units and the remaining shares sold at weighted-average prices between $20.59 and $22.65 per share.
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Insider Trade Summary 10b5-1
Net Seller: 70,607 shares
Net Sell
4 txns
Insider
Compton Charles Lacey III
Role
CEO
Sold
70,607 shs ($1.53M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2, F3 | 35,501 | $21.10 | $749K |
| Sale | Class A Common Stock F2, F4 | 18,978 | $21.86 | $415K |
| Sale | Class A Common Stock F2, F5 | 1,100 | $22.61 | $25K |
| Sale | Class A Common Stock F1 | 15,028 | $23.00 | $346K |
Holdings After Transaction:
Class A Common Stock — 914,235 shares (Direct)
Footnotes (5)
- F1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.59 to $21.58, 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 (3), (4) and (5) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.59 to $22.51, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.60 to $22.65, inclusive.
Key Figures
Total shares sold: 70,607 shares
Tax-related sale: 15,028 shares
Sale on September 1, 2026 (tranche 1): 35,501 shares at $21.10 per share
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6 metrics
Total shares sold
70,607 shares
Aggregate insider sales reported for August 31 and September 1, 2026
Tax-related sale
15,028 shares
Shares sold on August 31, 2026 to satisfy tax obligations from RSU vesting
Sale on September 1, 2026 (tranche 1)
35,501 shares at $21.10 per share
Weighted-average price with underlying trades from $20.59 to $21.58
Sale on September 1, 2026 (tranche 2)
18,978 shares at $21.86 per share
Weighted-average price with underlying trades from $21.59 to $22.51
Sale on September 1, 2026 (tranche 3)
1,100 shares at $22.61 per share
Weighted-average price with underlying trades from $22.60 to $22.65
10b5-1 plan adoption date
May 11, 2026
Date the CEO adopted the Rule 10b5-1 trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, weighted average price, tax obligations
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"tax obligations in connection with the 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax obligations financial
"Shares sold to satisfy tax obligations in connection with the vesting"
FAQ
What insider transactions did Fastly (FSLY) report for its CEO?
Fastly’s CEO Charles Lacey Compton III reported selling 70,607 shares of Class A Common Stock in four open-market transactions on August 31 and September 1, 2026, according to the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.