Fastly executive sells 6,573 FSLY shares for taxes
Fastly, Inc. executive Scott R. Lovett, President, Go to Market, reported an open-market sale of 6,573 shares of Class A common stock.
Rhea-AI Filing Summary
Fastly, Inc. executive Scott R. Lovett, President, Go to Market, reported an open-market sale of 6,573 shares of Class A common stock. The weighted average sale price was $17.53 per share, with individual trades executed between $17.36 and $17.53. According to the disclosure, the shares were sold to satisfy tax obligations related to the vesting of previously granted restricted stock units. Following this tax-related sale, Lovett directly owns 995,564 shares of Fastly Class A common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,573 | $17.53 | $115K |
Footnotes (2)
- F1. Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.36 to $17.53. 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.
FAQ
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What insider transaction did Fastly (FSLY) report for Scott R. Lovett?
What role does Scott R. Lovett hold at Fastly (FSLY) in this Form 4?
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