Form 4: Fastly Director Exercises Stock Options, Increasing Holdings
SEC Form 4 Filing
Christopher B. Paisley, a director at Fastly, Inc., exercised stock options on March 24, 2025, acquiring 38,424 shares of Class A Common Stock at $4.44 per share.
Summary
- On March 24, 2025, Christopher B. Paisley, a director of Fastly, Inc., executed a transaction involving the company's stock.
- Paisley exercised stock options to acquire 38,424 shares of Class A Common Stock at a price of $4.44 per share.
- Following this transaction, Paisley directly owns 100,630 shares of Class A Common Stock.
- Paisley also indirectly owns 165,176 shares through the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94.
- The stock options exercised were fully vested and expire on July 30, 2028.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The exercise of options could be seen as mildly positive, but it's not a major event.
Positives
- A director exercising stock options can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- Shareholders are informed about the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 12/28/94 | Date of the Christopher Paisley TTEE Paisley Living Trust. |
| 03/24/2025 | Date of the stock option exercise. |
| 03/26/2025 | Date of signature for the Form 4 filing. |
| 07/30/2028 | Expiration date of the exercised stock options. |
Keywords
Fastly, Director, Stock Options, Form 4, Beneficial Ownership, FSLY, Paisley
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