Form 4: Fastly CTO Acquires 9,635 Shares via RSU Grant

Fastly's Chief Technology Officer, Artur Bergman, reported the acquisition of 9,635 Class A Common Stock shares through a Restricted Stock Unit grant.

Summary

• Artur Bergman, Chief Technology Officer and Director of Fastly, Inc. (FSLY), acquired 9,635 shares of Class A Common Stock.
• The acquisition was made through a Restricted Stock Unit (RSU) grant, with a reported transaction date of February 4, 2026.
• Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement.
• The RSUs are subject to a vesting schedule: 25% will vest on February 15, 2026, and an additional 25% will vest on May 15, 2026, August 15, 2026, and November 15, 2026, respectively, contingent on Mr. Bergman's continued service.
• Following this transaction, Mr. Bergman directly beneficially owns 2,560,214 shares of Class A Common Stock.
• Mr. Bergman indirectly beneficially owns an additional 4,450,249 shares through various trusts, bringing his total beneficial ownership to 7,010,463 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it represents an executive's continued equity stake and alignment with shareholder interests through a standard RSU grant.

Positives

• The RSU grant aligns the Chief Technology Officer's interests with long-term shareholder value through a multi-year vesting schedule.
• An executive's acquisition of additional equity, even through a grant, can signal continued commitment and confidence in the company's future prospects.

Risks

• The vesting of the RSUs is contingent upon the reporting person's continued service with Fastly, Inc. through each applicable vesting date, meaning the shares are not fully owned until future dates.

Future Outlook

The RSU vesting schedule extends through November 2026, indicating a continued commitment from the Chief Technology Officer to the company's long-term performance and strategic objectives.

Industry Context

StockSavvy.ai notes that RSU grants are a common form of executive compensation in the technology sector, aligning executive incentives with shareholder value creation over multi-year vesting periods. This grant to Fastly's CTO is consistent with industry practices for retaining key talent and fostering long-term commitment.

Comparison to Industry Standards

• RSU grants with multi-year vesting schedules are standard practice across the technology industry, particularly for key executives.
• Companies like Amazon, Google, and Microsoft frequently use similar equity compensation structures to incentivize long-term performance and retention.
• The 25% quarterly vesting over one year, following an initial vesting, is a common structure designed to ensure continued service and align executive interests with sustained company growth.

Related Party Transactions

• Shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
• Shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
• Shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
• Shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 3, of which the reporting person is trustee.
• Shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee.
• Shares are held by The PAB 2021 Remainder Trust, of which the reporting person is the investment advisor.

Stakeholder Impact

• Shareholders: The RSU grant enhances the alignment of executive incentives with long-term shareholder value creation.
• Employees: Standard executive compensation practices, such as RSU grants, can positively influence morale and aid in the retention of key personnel.

Next Steps

• Vesting of 25% of RSUs on February 15, 2026.
• Vesting of 25% of RSUs on May 15, 2026.
• Vesting of 25% of RSUs on August 15, 2026.
• Vesting of 25% of RSUs on November 15, 2026.

Key Dates

Recommendation

This Form 4 reports a routine RSU grant to a key executive, which is a standard compensation practice. While it signals continued executive alignment with company performance, it does not provide new fundamental information to warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Fastly, FSLY, Artur Bergman, CTO, Director, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Equity Grant, Beneficial Ownership