[Form 4] Fastly, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. reported that Scott R. Lovett, President, Go to Market, sold 14,843 shares of Class A common stock on May 18, 2026 at a weighted average price of $16.85 per share.
The filing explains that these shares were sold to satisfy tax obligations related to the vesting of previously granted Restricted Stock Units, making this a compensation-driven transaction. After the sale, Lovett continued to hold 1,489,035 shares of Fastly common stock directly, indicating the sale represented a small portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,843 shares ($250,105)
Net Sell
1 txn
Insider
Lovett Scott R.
Role
President, Go to Market
Sold
14,843 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 14,843 | $16.85 | $250K |
Holdings After Transaction:
Class A Common Stock — 1,489,035 shares (Direct, null)
Footnotes (1)
- Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.67 to $16.85, 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 range set forth in footnote (2) to this Form 4.
Key Figures
Shares sold: 14,843 shares
Weighted average sale price: $16.85 per share
Shares held after transaction: 1,489,035 shares
+1 more
4 metrics
Shares sold
14,843 shares
Class A common stock sold on May 18, 2026
Weighted average sale price
$16.85 per share
Open-market sale price range $16.67–$16.85
Shares held after transaction
1,489,035 shares
Direct ownership following May 18, 2026 sale
Net shares sold
14,843 shares
Net-sell direction per transaction summary
Key Terms
Restricted Stock Units, weighted average price, Class A Common Stock, open-market sale
4 terms
Restricted Stock Units financial
"Shares sold to satisfy 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.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.