Fastly CEO sells 2,436 shares under plan
Fastly’s CEO reported a small Rule 10b5-1-planned share sale while retaining over 900,000 shares.
Rhea-AI Filing Summary
Fastly, Inc. (FSLY) reported that its CEO and director, Charles Lacey Compton III, sold 2,436 shares of Class A common stock on September 8, 2026 in an open-market transaction at an average price of $21.23 per share. The sale was made under a Rule 10b5-1 trading plan adopted on May 11, 2026. Following this sale, he directly holds 902,341 shares of Fastly Class A common stock.
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Insider Trade Summary 10b5-1
Net Seller: 2,436 shares
Net Sell
1 txn
Insider
Compton Charles Lacey III
Role
CEO
Sold
2,436 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 2,436 | $21.23 | $52K |
Holdings After Transaction:
Class A Common Stock — 902,341 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares sold: 2,436 shares
Sale price per share: $21.23 per share
Shares held after sale: 902,341 shares
+1 more
4 metrics
Shares sold
2,436 shares
Class A common stock sold by the CEO on September 8, 2026
Sale price per share
$21.23 per share
Average price for the 2,436 shares sold on September 8, 2026
Shares held after sale
902,341 shares
Direct holdings of Fastly Class A common stock by the CEO after the reported sale
Rule 10b5-1 plan adoption date
May 11, 2026
Date the CEO adopted the trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan
1 terms
Rule 10b5-1 trading plan regulatory
"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."
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.
FAQ
What insider transaction did Fastly (FSLY) disclose for its CEO?
Fastly disclosed that CEO and director Charles Lacey Compton III sold 2,436 shares of Class A common stock on September 8, 2026 in an open-market transaction at an average price of $21.23 per share.
Does this Fastly (FSLY) Form 4 report any derivative security transactions?
No. The Form 4 reports only a sale of 2,436 shares of Class A common stock and shows no derivative security transactions in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.