Fastly (NYSE: FSLY) CEO sells 29,533 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. CEO Charles Lacey Compton III reported open-market sales of 29,533 shares of Class A common stock. The sales occurred on April 16–17, 2026 at weighted average prices around $23.69–$25.40 per share. After these trades, he directly owns 1,133,895 shares.
According to the footnotes, the sales were executed under a pre-arranged Rule 10b5-1 trading plan and include shares sold to cover tax obligations tied to vesting of previously granted Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 29,533 shares ($720,313)
Net Sell
4 txns
Insider
Compton Charles Lacey III
Role
CEO
Sold
29,533 shs ($720K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,659 | $24.52 | $163K |
| Sale | Class A Common Stock | 400 | $25.40 | $10K |
| Sale | Class A Common Stock | 11,042 | $25.00 | $276K |
| Sale | Class A Common Stock | 11,432 | $23.69 | $271K |
Holdings After Transaction:
Class A Common Stock — 1,134,295 shares (Direct, null)
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. 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 $24.06 to $24.94, 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 and 4 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 $25.16 to $25.99, inclusive.
Key Figures
Shares sold: 29,533 shares
Sale prices: $23.69–$25.40 per share
Post-transaction holdings: 1,133,895 shares
+2 more
5 metrics
Shares sold
29,533 shares
Aggregate open-market sales reported on April 16–17, 2026
Sale prices
$23.69–$25.40 per share
Reported weighted average prices for four sale transactions
Post-transaction holdings
1,133,895 shares
Direct Class A common stock ownership after April 17, 2026 sale
Single largest sale
11,432 shares
Class A shares sold on April 16, 2026 at $23.69 per share
Largest reported price
$25.40 per share
Price for 400-share sale on April 17, 2026
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, weighted average price, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 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
"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.
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.
FAQ
What did Fastly (FSLY) CEO report in this Form 4 filing?
Fastly CEO Charles Lacey Compton III reported selling 29,533 shares of Class A common stock in open-market transactions. These trades were executed over April 16–17, 2026 under a Rule 10b5-1 trading plan, with some shares sold to cover tax obligations.
Were Fastly (FSLY) CEO’s stock sales part of a Rule 10b5-1 plan?
Yes. The filing states the sales were executed under a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025. Such pre-arranged plans schedule trades in advance, helping separate routine portfolio management from discretionary timing decisions.