Form 4: Fastly CTO Sells 20,000 Shares Under 10b5-1 Plan

Fastly's Chief Technology Officer, Artur Bergman, sold 20,000 shares of Class A Common Stock for a weighted average price of $8.53 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Artur Bergman, Fastly, Inc.'s Chief Technology Officer and a Director, reported a sale of company stock.
• A total of 20,000 shares of Class A Common Stock were disposed of on September 29, 2025.
• The shares were sold at a weighted average price of $8.53 per share, with individual transactions ranging from $8.37 to $8.98.
• The sale was executed by The Per Artur Bergman Revocable Trust.
• This transaction was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Bergman on June 3, 2025.
• Following the transaction, Mr. Bergman directly beneficially owns 3,441,276 shares of Class A Common Stock.
• Indirect beneficial ownership totals 4,449,269 shares held across several trusts, including The Per Artur Bergman Revocable Trust (2,500,558 shares), The Artur Bergman Remainder Trust One DTD 5/2/2019 (840,005 shares), The Artur Bergman Remainder Trust Three DTD 5/2/2019 (109,686 shares), The Per Artur Bergman Grantor Retained Annuity Trust No. 3 (50,481 shares), The Per Artur Bergman Grantor Retained Annuity Trust No. 4 (792,998 shares), and The PAB 2021 Remainder Trust (156,521 shares).

Sentiment

Score: 5

Explanation: The sentiment is neutral. This is a routine insider sale conducted under a pre-arranged 10b5-1 plan, which typically does not signal a change in management's outlook on the company's prospects. It is a planned liquidity event for the executive.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This insider transaction is a routine disclosure for a publicly traded company and does not inherently reflect broader industry trends or competitive positioning. It is a personal financial event for an executive.

Stakeholder Impact

• Shareholders: The sale of 20,000 shares by a key executive is a minor dilution event relative to the total outstanding shares and is unlikely to have a significant impact on shareholder value, especially given it was a planned transaction.

Key Dates

Recommendation

This Form 4 filing reports a pre-planned insider sale under a Rule 10b5-1 plan. Such transactions are generally considered routine liquidity events for executives and do not typically indicate a change in the company's fundamental outlook or warrant a shift in investment strategy. Therefore, a 'hold' recommendation is appropriate, as this specific filing alone does not provide new information to justify a 'buy' or 'sell' decision.

Keywords

Fastly, FSLY, Artur Bergman, CTO, Director, Insider Sale, Form 4, 10b5-1 Plan, Stock Transaction