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 $8.84 per share.

Summary

• Artur Bergman, a Director and Chief Technology Officer at Fastly, Inc. (FSLY), reported the sale of 20,000 shares of Class A Common Stock.
• The transaction occurred on February 9, 2026, and was executed pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025.
• The shares were sold at a weighted average price of $8.84 per share, with individual transaction prices ranging from $8.32 to $9.09.
• The sale was conducted by The Per Artur Bergman Revocable Trust, resulting in a change in the form of beneficial ownership for these specific shares from direct to indirect.
• Following this transaction, Bergman directly owns 2,540,214 shares and indirectly owns an additional 4,450,249 shares through various trusts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-scheduled under a 10b5-1 plan, which typically indicates personal financial planning rather than a reaction to new company-specific information.

Future Outlook

This filing, a Form 4, does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly sales executed under a Rule 10b5-1 trading plan, are common for executives to manage personal finances and diversify holdings. These pre-scheduled sales typically do not reflect a change in the executive's outlook on the company's performance or prospects, and are a routine disclosure for publicly traded companies.

Comparison to Industry Standards

• This Form 4 filing is a standard disclosure for insider transactions, aligning with regulatory requirements for reporting changes in beneficial ownership by company officers and directors.
• The use of a Rule 10b5-1 trading plan is a common and accepted practice among executives across various industries, including technology, to mitigate accusations of trading on material non-public information.

Stakeholder Impact

• Shareholders: The sale of 20,000 shares by an executive is a relatively small volume compared to Fastly's total outstanding shares and is unlikely to have a significant impact on the market or shareholder sentiment, especially given its pre-scheduled nature.

Key Dates

Recommendation

The filing reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan, which is a common practice for executives managing personal finances and diversification. This transaction does not provide new fundamental information about Fastly's operational performance or strategic direction that would warrant a change in investment recommendation. Investors should continue to hold based on broader company fundamentals rather than this specific insider transaction.

Keywords

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