Form 4: Fastly CTO Artur Bergman Sells Small Portion of Class A Common Stock Under Pre-Arranged Trading Plan

Fastly's Chief Technology Officer and Director, Artur Bergman, sold 1,372 shares of Class A Common Stock for $7.73 per share on June 4, 2025, as part of a pre-established Rule 10b5-1 trading plan.

Summary

• Artur Bergman, Fastly, Inc.'s Chief Technology Officer and a Director, reported a transaction involving the company's Class A Common Stock.
• On June 4, 2025, Mr. Bergman disposed of 1,372 shares of Class A Common Stock at a price of $7.73 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Bergman on June 3, 2024.
• Following this transaction, Mr. Bergman directly beneficially owns 3,626,034 shares of Class A Common Stock.
• Additionally, Mr. Bergman indirectly beneficially owns a significant number of shares through various trusts: 2,500,558 shares via The Per Artur Bergman Revocable Trust, 840,005 shares via The Artur Bergman Remainder Trust One DTD 5/2/2019, 109,686 shares via The Artur Bergman Remainder Trust Three DTD 5/2/2019, 50,481 shares via The Per Artur Bergman Grantor Retained Annuity Trust No. 3, 792,998 shares via The Per Artur Bergman Grantor Retained Annuity Trust No. 4, and 156,521 shares via The PAB 2021 Remainder Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider sale, it's a small amount relative to total holdings and was conducted under a pre-arranged Rule 10b5-1 plan, which suggests it's part of a routine personal financial management strategy rather than a reaction to negative company news.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not a reaction to recent company performance or market events, which often mitigates negative interpretations of insider sales.
• The number of shares sold (1,372) represents a very small fraction of Mr. Bergman's total beneficial ownership, which remains substantial at over 8 million shares (direct and indirect combined).

Negatives

• An insider sale, even if pre-planned, reduces the direct ownership stake of a key executive and director in the company.

Future Outlook

This Form 4 filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding Fastly's future performance or strategic outlook.

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide insights into broader industry trends or competitive dynamics. Such filings are standard disclosures required by the SEC for company insiders.

Related Party Transactions

• Artur Bergman's indirect beneficial ownership is held through several trusts (The Per Artur Bergman Revocable Trust, The Artur Bergman Remainder Trust One DTD 5/2/2019, The Artur Bergman Remainder Trust Three DTD 5/2/2019, The Per Artur Bergman Grantor Retained Annuity Trust No. 3, The Per Artur Bergman Grantor Retained Annuity Trust No. 4, and The PAB 2021 Remainder Trust), where he serves as settlor, trustee, or investment advisor, indicating these are related entities for holding purposes.

Stakeholder Impact

• Shareholders: The impact is minimal as it's a small, pre-planned insider sale, unlikely to significantly affect investor confidence or the company's operational outlook.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this routine insider transaction report.

Key Dates

Keywords

Fastly, FSLY, Artur Bergman, Insider Trading, Form 4, Stock Sale, Rule 10b5-1, Beneficial Ownership, Chief Technology Officer, Director