Fastly, Inc.·4

Feb 20, 4:34 PM ET

Compton Charles Lacey III 4

Research Summary

AI-generated summary

Updated

Fastly (FSLY) CEO Compton Charles Lacey III Sells 12,916 Shares

What Happened

  • Compton Charles Lacey III, CEO and director of Fastly, sold 12,916 shares on 2026-02-18 in an open-market transaction for total proceeds of approximately $226,417. The reported weighted-average price was $17.53 per share. The sale was made to satisfy tax obligations related to the vesting of previously granted restricted stock units (RSUs).

Key Details

  • Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20) — appears to be filed timely.
  • Shares sold: 12,916; weighted-average price reported $17.53; total proceeds ≈ $226,417.
  • Price range: shares were sold in multiple trades at prices between $17.36 and $17.53 (reporting person can provide the breakdown on request).
  • Reason noted: sale to satisfy tax withholding on vested RSUs (footnote).
  • Shares owned after the transaction: not specified in the summary filing provided.

Context

  • This was a sale to cover tax obligations from RSU vesting (a common, routine insider transaction) rather than an independent open-market divestiture expressing investment sentiment. Such tax-withholding sales are generally considered administrative and do not necessarily indicate a view on the company’s prospects.