Form 4: Fastly CEO Sells Shares for Tax Obligations

Fastly CEO Charles Lacey Compton III sold 11,378 shares of Class A Common Stock at $8.41 per share to cover tax obligations from RSU vesting.

Summary

• Charles Lacey Compton III, CEO and Director of Fastly, Inc. (FSLY), reported a transaction involving the company's Class A Common Stock.
• On October 16, 2025, Mr. Compton sold 11,378 shares of Class A Common Stock.
• The shares were sold at a price of $8.41 per share.
• The total value of the shares sold was approximately $95,686.58.
• The sale was conducted to satisfy tax obligations related to the vesting of previously granted Restricted Stock Units (RSUs).
• Following this transaction, Mr. Compton directly beneficially owns 659,313 shares of Class A Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related sale of shares by an insider, which is a neutral event and does not typically reflect a change in sentiment towards the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

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

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes, which is a common occurrence for executives receiving equity compensation. It does not provide information directly related to broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, tax-related insider sale and not indicative of a change in company fundamentals or management's long-term view.

Key Dates

Keywords

Fastly, FSLY, Form 4, Insider Transaction, Stock Sale, CEO, Charles Lacey Compton III, RSU, Tax Obligations, Equity Compensation