Form 4: Fastly CTO Artur Bergman Executes Stock Sale
Statement of Changes in Beneficial Ownership
Fastly Chief Technology Officer Artur Bergman sold 7,889 shares of Class A Common Stock via a pre-arranged Rule 10b5-1 trading plan.
Summary
- Artur Bergman, Chief Technology Officer of Fastly, Inc., sold a total of 7,889 shares of Class A Common Stock on June 3, 2026.
- The transactions were executed in three tranches at weighted average prices of $19.84, $21.13, and $21.83.
- The sales were conducted pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025.
- Following these transactions, Bergman retains direct ownership of 2,038,638 shares, in addition to significant indirect holdings through various trusts.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted through a pre-planned 10b5-1 program, which is a routine administrative action for corporate insiders.
Positives
- The sale was executed under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for insiders to sell stock without triggering concerns regarding non-public information.
Negatives
- The sale represents a reduction in the direct equity stake held by a key executive and co-founder.
Risks
- Insider selling can sometimes be perceived by the market as a lack of confidence in the short-term stock performance, despite being part of a pre-planned strategy.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Management Comments
- The reporting person has committed to providing full information regarding the number of shares sold at each separate price within the reported ranges upon request.
Industry Context
StockSavvy.ai notes that insider selling by high-level executives at technology firms is common and often reflects personal financial planning rather than a change in corporate strategy or outlook.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is the industry standard for corporate insiders to manage equity holdings while maintaining compliance with SEC regulations.
Related Party Transactions
- The reporting person contributed shares to the Per Artur Bergman Revocable Trust, of which he is the settlor, sole trustee, and sole beneficiary.
Stakeholder Impact
- Minimal impact expected as the sale was pre-planned and represents a small fraction of the executive's total beneficial ownership.
Next Steps
- Continued monitoring of future Form 4 filings for further insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/03/2025 | Date the Rule 10b5-1 trading plan was adopted. |
| 06/03/2026 | Date of the reported stock transactions. |
| 06/05/2026 | Date the Form 4 was signed and filed. |
Keywords
Fastly, FSLY, Insider Trading, Form 4, Artur Bergman, Stock Sale, Rule 10b5-1
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