Compton Charles Lacey III 4
Research Summary
AI-generated summary
Fastly (FSLY) CEO Compton Charles Lacey Sells 13,682 Shares
What Happened
- Compton Charles Lacey III (CEO, Director) sold a total of 13,682 Fastly (FSLY) shares in two open‑market transactions: 9,044 shares on 2026-01-16 at an average reported $9.07 (≈ $82,029) and 4,638 shares on 2026-01-20 at an average reported $8.81 (≈ $40,861). Total proceeds were about $122,890. These were sales (not purchases).
Key Details
- Transaction dates & prices:
- 2026-01-16: 9,044 shares @ weighted avg $9.07 (reported range $9.07–$9.08). Footnote F2.
- 2026-01-20: 4,638 shares @ weighted avg $8.81 (reported range $8.75–$8.93). Footnote F4.
- Reason/footnotes:
- F1: Shares sold to satisfy tax obligations related to vesting of previously granted restricted stock units (tax withholding).
- F3: The sale(s) were effected pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on August 27, 2025.
- Reporting person will provide breakdown of exact share counts at each price on request (per F2/F4).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing: Form 4 was filed with accession 0001517413-26-000010 on 2026-01-21 covering transactions dated 2026-01-16 and 2026-01-20.
Context
- These sales appear to be routine: some were to cover tax withholding on RSU vesting and were executed under a pre-established 10b5‑1 plan. Such transactions are common and do not, by themselves, indicate the insider’s view of the company.