Form 4: Fastly CTO Sells Shares for Tax Obligations

Fastly's Chief Technology Officer, Artur Bergman, sold 849 shares of Class A Common Stock to cover tax obligations related to RSU vesting.

Summary

• Artur Bergman, Fastly, Inc.'s Chief Technology Officer and a Director, reported a transaction involving the company's Class A Common Stock.
• On August 27, 2025, Bergman disposed of 849 shares of Class A Common Stock at a price of $7.3 per share.
• The sale was conducted to satisfy tax obligations incurred from the vesting of previously granted Restricted Stock Units (RSUs).
• Following this transaction, Bergman directly beneficially owns 3,579,414 shares of Class A Common Stock.
• Indirect beneficial ownership includes 2,500,558 shares held by The Per Artur Bergman Revocable Trust, 840,005 shares by The Artur Bergman Remainder Trust One DTD 5/2/2019, 109,686 shares by The Artur Bergman Remainder Trust Three DTD 5/2/2019, 50,481 shares by The Per Artur Bergman Grantor Retained Annuity Trust No. 3, 792,998 shares by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, and 156,521 shares by The PAB 2021 Remainder Trust.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale to cover tax obligations related to RSU vesting, which is a neutral event and does not indicate a change in management's confidence or company performance.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This is a routine insider transaction related to equity compensation and tax obligations, which is a common occurrence across all industries for executives receiving Restricted Stock Units. It does not reflect broader industry trends or competitive positioning.

Related Party Transactions

• Artur Bergman indirectly holds shares through several trusts where he serves as settlor, sole trustee, sole beneficiary, or investment advisor. These include 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).

Stakeholder Impact

• Shareholders: The sale represents a minimal dilution of outstanding shares and is a standard practice for executives managing equity compensation, unlikely to have a significant impact on shareholder value.
• Employees: This transaction is a common aspect of executive compensation packages involving Restricted Stock Units, reflecting standard practices for managing vested equity.

Key Dates

Keywords

Fastly, FSLY, Artur Bergman, CTO, Insider Transaction, Stock Sale, Tax Obligations, RSU Vesting, Beneficial Ownership