Form 4: Fastly Executive Sells Shares for Tax Obligations

Fastly's President of Go to Market, Scott R. Lovett, sold 9,779 shares of Class A Common Stock to cover tax obligations from RSU vesting.

Summary

• Scott R. Lovett, President, Go to Market at Fastly, Inc. (FSLY), reported a sale of Class A Common Stock.
• The transaction occurred on November 18, 2025.
• A total of 9,779 shares were sold at a weighted average price of $10.23 per share.
• The sales were executed to satisfy tax obligations arising from the vesting of previously granted Restricted Stock Units (RSUs).
• Following this transaction, Mr. Lovett beneficially owns 1,078,772 shares of Class A Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale to cover tax obligations related to RSU vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This is a routine insider transaction for tax purposes and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, tax-related insider transaction and not indicative of a change in management's confidence or company fundamentals.

Key Dates

Keywords

Fastly, FSLY, Scott R. Lovett, insider trading, stock sale, Form 4, RSU vesting, tax obligations, 10b5-1 plan