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

Fastly's Chief Technology Officer, Artur Bergman, executed a planned sale of 40,000 Class A Common Stock shares at a weighted average price of $10.27.

Summary

• Artur Bergman, Fastly's Chief Technology Officer and Director, sold 40,000 shares of Class A Common Stock.
• The transaction occurred on January 5, 2026, at a weighted average price of $10.27 per share.
• The shares were sold by the Per Artur Bergman Revocable Trust, following a contribution of shares from direct to indirect beneficial ownership.
• This sale was conducted under a Rule 10b5-1 trading plan adopted on June 3, 2025.
• The sale price ranged from $10.13 to $10.48 per share.
• Following the transaction, Bergman directly owns 2,690,579 shares and indirectly owns 4,449,749 shares through various trusts.

Sentiment

Score: 5

Explanation: A neutral score as the transaction is a pre-planned insider sale, which is a routine event and does not inherently signal positive or negative company performance.

Positives

• The sale was executed under a pre-arranged Rule 10b5-1 trading plan, indicating a planned and not reactive transaction.

Negatives

• An insider sale, even if planned, can sometimes be perceived negatively by the market, though the amount is relatively small compared to total holdings.

Future Outlook

na

Industry Context

This Form 4 filing details an insider transaction specific to Fastly, Inc. and does not provide broader industry context or trends.

Related Party Transactions

• The sale was conducted by the Per Artur Bergman Revocable Trust, which is a related party to Artur Bergman.
• Artur Bergman holds various roles (settlor, sole trustee, sole beneficiary, investment advisor, trustee) across several trusts that hold Fastly shares, indicating related party beneficial ownership.

Stakeholder Impact

• Shareholders: The sale of 40,000 shares by a key executive could be perceived as a slight negative, but the pre-planned nature mitigates concerns. The overall impact on the company's stock price is likely minimal given the relatively small volume compared to total shares outstanding and Bergman's remaining holdings.

Key Dates

Recommendation

The filing reports a routine, pre-planned insider sale by the CTO, Artur Bergman, under a Rule 10b5-1 plan. This type of transaction is generally not indicative of a change in the company's fundamental outlook or the executive's confidence. Given the planned nature and the executive's continued significant holdings, the transaction itself does not provide a strong signal for a 'buy' or 'sell' recommendation, thus a 'hold' stance is appropriate based solely on this filing.

Keywords

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