Form 4: Fastly CFO Sells Shares to Cover Tax Obligations Following RSU Vesting

Fastly, Inc.'s Chief Financial Officer, Ronald W. Kisling, sold 546 shares of Class A Common Stock to satisfy tax obligations related to the vesting of previously granted Restricted Stock Units.

Summary

• Ronald W. Kisling, Chief Financial Officer of Fastly, Inc. (FSLY), reported a transaction on May 28, 2025.
• The transaction involved the sale of 546 shares of Fastly Class A Common Stock.
• The shares were sold at a price of $7.42 per share.
• The total value of the shares sold was approximately $4,051.72 (546 shares * $7.42/share).
• The purpose of the sale was to satisfy tax obligations incurred from the vesting of previously granted Restricted Stock Units (RSUs).
• Following this transaction, Mr. Kisling beneficially owns 647,053 shares of Fastly Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine 'sell-to-cover' for tax obligations related to RSU vesting, which is a common and expected event for executives receiving equity compensation, rather than a discretionary sale.

Future Outlook

This Form 4 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 filing reports a routine insider transaction (sell-to-cover) and does not provide information relevant to broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: The sale of 546 shares by the CFO is a very small fraction of the company's outstanding shares and is unlikely to have a material impact on the share price or overall shareholder value. It is a routine tax-related transaction.

Key Dates

Keywords

Fastly, FSLY, Form 4, Insider Transaction, Stock Sale, CFO, Restricted Stock Units, Tax Obligations, Beneficial Ownership