Fastly (NYSE: FSLY) CEO logs 9,313-share open-market stock sale
Rhea-AI Filing Summary
Fastly, Inc. CEO Charles Lacey Compton III reported selling 9,313 shares of Class A Common Stock in open-market transactions. The sales took place on June 3, 2026 at weighted average prices around $20–$22 per share across three separate trades.
The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 27, 2025, indicating they were scheduled in advance rather than timed discretionarily. After these trades, Compton still holds more than one million Fastly shares, so the sale represents a small portion of his overall stake.
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Insights
Fastly’s CEO made a small, pre-planned stock sale under a Rule 10b5-1 plan.
Fastly, Inc. CEO Charles Lacey Compton III sold a total of 9,313 shares of Class A Common Stock in three open-market transactions on June 3, 2026. Reported weighted average prices were around $20–$22 per share.
The filing states these sales were made pursuant to a Rule 10b5-1 trading plan adopted on August 27, 2025, meaning they were pre-scheduled. Compton retains more than one million shares after the sale, so this is a relatively small trim of his position.
Because the transactions are both pre-planned and small relative to his overall holdings, they look like routine liquidity rather than a major signal about Fastly’s prospects. Subsequent company filings may provide additional context on any future trading under this plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,482 | $20.17 | $70K |
| Sale | Class A Common Stock | 5,746 | $21.15 | $122K |
| Sale | Class A Common Stock | 85 | $21.85 | $2K |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.79 to $20.37, 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 (2) and (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.83 to $21.62, inclusive.