Fastly (NYSE: FSLY) CFO receives 118,885 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fastly, Inc. reported that its CFO, Richard Wong, acquired 118,885 shares of Class A Common Stock on 2026-03-04 through a grant of restricted stock units (RSUs). Each RSU represents one share upon settlement. The RSUs vest 8.33% on May 15, 2026 and then in 11 equal quarterly installments, subject to his continued service. Following this grant, he holds 1,254,702 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WONG RICHARD
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 118,885 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,254,702 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Fastly (FSLY) report for CFO Richard Wong?
Fastly reported that CFO Richard Wong received a grant of 118,885 restricted stock units (RSUs) of Class A Common Stock on 2026-03-04. Each RSU represents a right to receive one share upon settlement, subject to vesting conditions.
What is the vesting schedule for Richard Wong’s 118,885 Fastly RSUs?
Fastly states that 100% of the 118,885 RSUs are initially subject to vesting. One-twelfth (8.33%) will vest on May 15, 2026, with the remaining RSUs vesting in 11 equal quarterly installments thereafter, contingent on continued service.
Are Richard Wong’s Fastly RSUs subject to any service conditions?
Yes. Each of the 118,885 RSUs is subject to vesting tied to Richard Wong’s continued service with Fastly. Vesting on each scheduled date occurs only if he remains in service through that applicable vesting date, according to the disclosure.
What does each Fastly RSU granted to Richard Wong represent?
Each of the 118,885 restricted stock units (RSUs) granted to Richard Wong represents a contingent right to receive one share of Fastly’s Class A Common Stock upon settlement. Actual receipt depends on the RSUs vesting under the stated schedule.
Was there a purchase price for Richard Wong’s Fastly RSU grant?
The Form 4 indicates a transaction price per share of $0.0000 for the 118,885 RSUs. This reflects a grant or award acquisition of RSUs, rather than an open-market purchase of Fastly Class A Common Stock.