Form 4: Fastly CEO Sells Shares for Tax & Trading Plan
Insider Transaction Report
Fastly CEO Charles Lacey Compton III reported sales of Class A Common Stock totaling 13,682 shares in January 2026, primarily for tax obligations and under a pre-arranged trading plan.
Summary
- Charles Lacey Compton III, CEO and Director of Fastly, Inc. (FSLY), reported two transactions involving the sale of Class A Common Stock.
- On January 16, 2026, 9,044 shares of Class A Common Stock were sold at a weighted average price of $9.07 per share.
- This sale was conducted to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units (RSUs).
- Following this transaction, direct beneficial ownership stood at 616,870 shares.
- On January 20, 2026, an additional 4,638 shares of Class A Common Stock were sold at a weighted average price of $8.81 per share.
- This second sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Compton on August 27, 2025.
- After both transactions, Mr. Compton's direct beneficial ownership of Class A Common Stock is 612,232 shares.
Sentiment
Score: 5
Explanation: The transactions represent routine insider sales for tax obligations and under a pre-arranged 10b5-1 trading plan, which are generally considered neutral events in terms of market sentiment.
Positives
- The sales were partly to satisfy tax obligations related to RSU vesting, which is a common and often non-discretionary reason for insider sales.
- One of the sales was executed under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not based on new, material non-public information.
Negatives
- The transactions represent a reduction in the CEO's direct beneficial ownership of Class A Common Stock by a total of 13,682 shares.
- The weighted average price for the second sale ($8.81) was lower than the first sale ($9.07).
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The sales represent a minor reduction in the CEO's direct ownership, which is common for tax purposes or pre-planned trading.
Key Dates
| Date | Description |
|---|---|
| August 27, 2025 | Rule 10b5-1 trading plan adopted by Charles Lacey Compton III. |
| January 16, 2026 | Sale of 9,044 Class A Common Stock shares at a weighted average price of $9.07 to satisfy tax obligations. |
| January 20, 2026 | Sale of 4,638 Class A Common Stock shares at a weighted average price of $8.81 pursuant to a Rule 10b5-1 trading plan. |
| January 21, 2026 | Date of filing of the Form 4 statement. |
Keywords
Fastly, FSLY, Insider Trading, Form 4, Stock Sale, CEO, Charles Lacey Compton III, Equity, 10b5-1 Plan, RSU Vesting
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