Fastly (NYSE: FSLY) CTO reports RSU grant, tax sale and trust gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. Chief Technology Officer Artur Bergman reported multiple Class A common stock transactions. He received a grant of 157,438 restricted stock units at $0.0000 per share, and sold 24,532 shares at $21.0600 per share to satisfy tax obligations related to previously vested units. In addition, grantor retained annuity trusts and remainder trusts associated with Bergman recorded bona fide gift transfers and updated indirect holdings, with Bergman serving as trustee or investment advisor for these entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,532 shares ($516,644)
Net Sell
9 txns
Insider
Bergman Artur
Role
Chief Technology Officer
Sold
24,532 shs ($517K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 157,438 | $0.00 | -- |
| Sale | Class A Common Stock | 24,532 | $21.06 | $517K |
| Gift | Class A Common Stock | 50,481 | $0.00 | -- |
| Gift | Class A Common Stock | 204,327 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,174,321 shares (Direct);
Class A Common Stock — 0 shares (Indirect, See Footnote)
Footnotes (1)
- On March 3, 2026, all 50,481 remaining shares held by The Per Artur Bergman Grantor Retained Annuity Trust No. 3, of which the reporting person is trustee, were transferred to The Per Artur Bergman Grantor Retained Annuity Trust No. 5. On March 3, 2026, 204,327 shares held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee, were transferred to The Per Artur Bergman Grantor Retained Annuity Trust No. 5. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 5, of which the reporting person is trustee. The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs are initially subject to vesting. One-twelfth (8.33%) of the total RSUs will vest on May 15, 2026 and the remainder will vest in 11 equal quarterly installments (August, November, February and May) of one-twelfth thereafter (8.33% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units. The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary. The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor. The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor. The shares are held by The PAB 2021 Remainder Trust, of which the reporting person is the investment advisor.
FAQ
What stock grant did Fastly (FSLY) CTO Artur Bergman receive?
Artur Bergman received a grant of 157,438 restricted stock units of Fastly Class A common stock at $0.0000 per share. These RSUs vest quarterly over time, contingent on his continued service with the company through each vesting date.
What is the vesting schedule for Artur Bergman’s new Fastly RSU award?
The 157,438 RSUs vest over twelve installments. One-twelfth (8.33%) vests on May 15, 2026, with the remaining RSUs vesting in eleven equal quarterly installments, subject to Bergman’s continued service with Fastly through each vesting date.