Fastly officer Lovett sells 34,820 shares at $23.85

Fastly’s President, Go to Market, sold shares to cover RSU-related tax obligations while retaining over 1.3 million shares.

Rhea-AI Filing Summary

Fastly, Inc. (FSLY) reported that officer Scott R. Lovett, President, Go to Market, sold 34,820 shares of Class A common stock on September 16, 2026. The sale was made primarily to satisfy tax obligations arising from the vesting of previously granted Restricted Stock Units.

The shares were sold at a weighted average price of $23.85 per share, in multiple trades ranging from $23.84 to $24.43. After this transaction, Lovett directly holds 1,323,398 shares of Fastly Class A common stock. No Rule 10b5-1 trading plan is reported for this sale.

Insider Trade Summary

Net Seller: 34,820 shares

Net Sell 1 txn

Insider Lovett Scott R.

Role President, Go to Market

Sold 34,820 shs ($830K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	34,820	$23.85	$830K

Holdings After Transaction: Class A Common Stock — 1,323,398 shares (Direct)

Footnotes (2)

1. F1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.84 to $24.43, 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: 34,820 shares Weighted average sale price: $23.85 per share Sale price range: $23.84–$24.43 per share +2 more

5 metrics

Shares sold 34,820 shares Class A common stock sold by Scott R. Lovett on September 16, 2026

Weighted average sale price $23.85 per share Weighted average price for the 34,820 shares sold

Sale price range $23.84–$24.43 per share Individual trades executed within this price range

Shares held after transaction 1,323,398 shares Direct Class A common stock holdings of Scott R. Lovett after the sale

Net shares sold 34,820 shares Net sell activity reported in the transaction summary for this Form 4

Key Terms

Restricted Stock Units, weighted average price, Rule 10b5-1

3 terms

Restricted Stock Units financial

"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.

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this sale"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who from Fastly (FSLY) reported a transaction in this Form 4?

The Form 4 reports a transaction by Scott R. Lovett, who serves as President, Go to Market at Fastly, Inc. He is an officer of the company but not listed as a director or a ten percent owner in this filing.

How many Fastly (FSLY) shares did Scott R. Lovett sell and on what date?

Scott R. Lovett sold 34,820 shares of Fastly Class A common stock on September 16, 2026. This transaction is reported as a sale of non-derivative securities in the open market or a private transaction.

What price did the Fastly (FSLY) shares sell for in this Form 4 transaction?

The reported price is a weighted average of $23.85 per share. According to the footnote, the 34,820 shares were sold in multiple transactions at prices ranging from $23.84 to $24.43 per share, inclusive.

Why did Fastly’s President, Go to Market, sell shares in this Form 4?

The filing states the shares were sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units. This indicates the sale was related to withholding for taxes on equity compensation vesting.

How many Fastly (FSLY) shares does Scott R. Lovett hold after this transaction?

After the September 16, 2026 sale, Scott R. Lovett directly holds 1,323,398 shares of Fastly Class A common stock. This post-transaction balance is reported in the Form 4 as the total shares following the transaction.

Was the Fastly (FSLY) insider sale made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan for this transaction. The document-level checkbox for Rule 10b5-1 is explicitly unchecked, and the footnotes do not state that the sale was made pursuant to such a plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/18/2026 - 04:25 PM Accepted by SEC EDGAR 09/18/2026 - 04:25 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lovett Scott R.

(Last) (First) (Middle)

C/O FASTLY, INC.

475 BRANNAN STREET, SUITE 300

(Street)

SAN FRANCISCO CALIFORNIA 94107

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fastly, Inc. [ FSLY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Go to Market

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/16/2026		S(1)		34,820	D	$23.85(2)	1,323,398	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.84 to $24.43, 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.

Remarks:

	/s/ Tara Seracka, Attorney-in-Fact	09/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)