Form 4: Fastly's Chief Technology Officer, Artur Bergman, Sells Shares Under 10b5-1 Trading Plan

Artur Bergman, Fastly's CTO, executed a sale of Class A Common Stock on March 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 5, 2025, Artur Bergman, the Chief Technology Officer of Fastly, sold 5,304 shares of Class A Common Stock at a price of $6.88 per share.
• The sale was executed under a Rule 10b5-1 trading plan adopted on June 3, 2024.
• Following the transaction, Bergman directly owns 3,669,058 shares of Class A Common Stock.
• Bergman also indirectly owns shares through various trusts, including 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).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.

Industry Context

This filing is a routine disclosure of insider trading activity and doesn't necessarily reflect a change in the company's outlook or performance. It is common for executives to sell shares under pre-arranged trading plans to manage personal finances.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates