Form 4: Fastly Director David Hornik Receives RSU Grant

Fastly, Inc. director David Hornik was granted 9,601 restricted stock units as part of his director compensation.

Summary

• Director David Hornik acquired 9,601 restricted stock units (RSUs) of Fastly, Inc. Class A Common Stock.
• The transaction occurred on June 3, 2026.
• The RSUs represent a contingent right to receive one share of Class A Common Stock per unit upon settlement.
• Following this transaction, the reporting person's total beneficial ownership is 269,431 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

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

Negatives

• None identified; this is a standard equity compensation disclosure.

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, subject to 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 long-term alignment with shareholder value.

Comparison to Industry Standards

• The RSU grant structure is consistent with standard director compensation packages for mid-cap technology companies.
• Vesting schedules tied to annual meetings are common practice among publicly traded software firms.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the granted RSUs on a quarterly basis over the next year.

Key Dates

Keywords

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