Form 4: Fastly Director Charles Meyers Receives RSU Grant

Fastly, Inc. director Charles J. Meyers was granted 9,601 restricted stock units as part of his director compensation.

Summary

• Director Charles J. Meyers acquired 9,601 restricted stock units (RSUs) of Fastly, Inc. Class A Common Stock.
• The transaction occurred on June 3, 2026.
• Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement.
• Following this transaction, the reporting person's total beneficial ownership is 97,775 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.

Positives

• The grant aligns the director's interests with those of shareholders through equity-based compensation.

Negatives

• None identified; this is a standard director compensation event.

Risks

• Vesting is subject to continued service as a director of the issuer.

Future Outlook

The RSUs vest quarterly over one year, fully vesting on the earlier of the next annual meeting or the one-year anniversary of the grant date, contingent on continued service.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the technology sector to ensure board alignment with long-term shareholder value.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices among mid-cap technology companies.
• Vesting schedules tied to annual meetings are common for board members to ensure continuity of service.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine equity grant.

Next Steps

• Quarterly vesting of the granted RSUs over the next 12 months.

Key Dates

Keywords

Fastly, FSLY, Form 4, Insider Transaction, Director Compensation, Restricted Stock Units