Form 4: Fastly CTO Sells 40,000 Shares Under 10b5-1 Plan

Fastly's Chief Technology Officer, Artur Bergman, sold 40,000 shares of Class A Common Stock for a weighted average price of $10.50 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Artur Bergman, Fastly's Chief Technology Officer and Director, reported the sale of 40,000 shares of Class A Common Stock.
• The transaction occurred on December 15, 2025, at a weighted average price of $10.50 per share, with individual sales ranging from $10.26 to $10.70.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on June 3, 2025.
• The shares were sold by the Per Artur Bergman Revocable Trust, a transaction that resulted in a change in the form of beneficial ownership from direct to indirect for these specific shares.
• Following the reported transaction, Artur Bergman directly beneficially owns 2,810,579 shares of Class A Common Stock.
• Indirect beneficial ownership totals 4,450,268 shares held across several trusts: 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. The sale was executed under a pre-arranged 10b5-1 trading plan, which typically indicates a planned diversification or liquidity event rather than a reaction to immediate company performance or outlook. Such sales are common for executives.

Negatives

• Insider selling, even if pre-planned, can sometimes be perceived negatively by investors, potentially signaling a lack of confidence or a desire to diversify holdings.

Future Outlook

NA

Industry Context

This filing reports a routine insider transaction for Fastly, Inc. and does not provide information directly related to broader industry trends or competitive landscape.

Related Party Transactions

• The shares were sold by the Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
• Indirect beneficial ownership is held through several trusts where the reporting person serves as investment advisor or trustee, including 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.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan is generally not expected to have a significant impact on shareholder sentiment, though some may view any insider selling with caution.
• Employees, Customers, Suppliers, Creditors: No direct impact is anticipated from this insider transaction.

Key Dates

Keywords

Fastly, FSLY, Artur Bergman, CTO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Beneficial Ownership