Form 4: Fastly CFO Sells Shares
Insider Transaction (Form 4)
Richard Wong, CFO of Fastly, Inc., sold 47,676 shares of common stock on August 21, 2026.
Summary
- Open-market sale: disposed of 16,855 Class A Common Stock at $23.64 ($398,452) on August 21, 2026; holds 1,074,431 after (Direct).
- Open-market sale: disposed of 29,013 Class A Common Stock at $24.29 ($704,726) on August 21, 2026; holds 1,045,418 after (Direct).
- Open-market sale: disposed of 1,808 Class A Common Stock at $24.95 ($45,110) on August 21, 2026; holds 1,043,610 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,148,288 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Richard Wong — Officer (CFO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-21 | Open-market sale | Class A Common Stock | 16,855 | $24 | $398.5K | 1,074,431 |
| 2026-08-21 | Open-market sale | Class A Common Stock | 29,013 | $24 | $704.7K | 1,045,418 |
| 2026-08-21 | Open-market sale | Class A Common Stock | 1,808 | $25 | $45.1K | 1,043,610 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-21 | Open-market sale (16,855 shares) |
| 2026-08-21 | Open-market sale (29,013 shares) |
| 2026-08-21 | Open-market sale (1,808 shares) |
Keywords
insider transaction, Form 4, FSLY, Fastly, Inc., bearish, Richard Wong
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