Form 4: Fastly CTO Sells 20,000 Shares via 10b5-1 Plan
Insider Transaction Report
Fastly's Chief Technology Officer and Director, Artur Bergman, sold 20,000 shares of Class A Common Stock for a weighted average price of $8.34 per share through a pre-arranged Rule 10b5-1 trading plan.
Summary
- Artur Bergman, Fastly, Inc.'s Chief Technology Officer and a Director, reported a sale of 20,000 shares of Class A Common Stock.
- The transaction occurred on October 27, 2025.
- The shares were sold at a weighted average price of $8.34, with individual transactions ranging from $8.28 to $8.43.
- The sale was executed under a Rule 10b5-1 trading plan adopted by Mr. Bergman on June 3, 2025.
- The shares were sold by The Per Artur Bergman Revocable Trust.
- Following this transaction, Mr. Bergman directly beneficially owns 3,361,276 shares and indirectly owns an additional 4,450,249 shares through various trusts.
Sentiment
Score: 5
Explanation: The transaction is a routine, pre-scheduled sale under a Rule 10b5-1 plan, which typically does not indicate a change in management's sentiment regarding the company's future prospects. It's a planned liquidity event.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- The sale of 20,000 shares was conducted by The Per Artur Bergman Revocable Trust, of which Artur Bergman is the settlor, sole trustee, and sole beneficiary. This constitutes a transaction by a related party to the reporting person.
Stakeholder Impact
- The sale represents a minor liquidity event for a key executive and is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors, given its pre-planned nature and relatively small size compared to total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2025-06-03 | Date Rule 10b5-1 trading plan was adopted by Artur Bergman. |
| 2025-10-27 | Date of the reported transaction (sale of shares). |
| 2025-10-29 | Date the Form 4 was signed and filed. |
Keywords
Fastly, FSLY, Artur Bergman, CTO, Director, Insider Sale, Stock Transaction, 10b5-1 Plan, Beneficial Ownership
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