Fastly, Inc.·4

Feb 23, 4:55 PM ET

Bergman Artur 4

Research Summary

AI-generated summary

Updated

Fastly (FSLY) CTO Artur Bergman Sells Shares

What Happened

  • Artur Bergman, Fastly's Chief Technology Officer and a director, sold a total of 74,457 shares on February 19, 2026 in transactions reported on Form 4. The sales generated total proceeds of approximately $1,448,203 (about $1.45M). The trades were reported as open-market or private sales and were effected pursuant to a Rule 10b5‑1 trading plan adopted June 3, 2025.
  • Reported lots: 21,381 shares at a weighted avg $18.24 ($389,989); 14,600 shares at $19.51 ($284,846); 3,900 shares at $20.10 ($78,390); and 34,576 shares at $20.10 ($694,978).

Key Details

  • Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (within the two-business-day filing window).
  • Total shares sold: 74,457; total proceeds: ~$1.45M.
  • Prices: reported as weighted averages. Footnotes show price ranges across the multiple trades: $17.96–$18.95; $18.96–$19.95; $19.96–$20.25; and $20.00–$20.26. The filer offers to provide a per-price breakdown on request.
  • Holdings: Several blocks were held in various trusts of which Bergman is trustee, settlor, sole beneficiary, or investment advisor (see footnotes F6–F11).
  • Notable footnote: Sales were made under a pre-established Rule 10b5‑1 plan adopted June 3, 2025 (footnote F1).
  • Filing timeliness: Not late—filed Feb 23, 2026 for Feb 19 trades.

Context

  • These are outright sales (S), which are generally considered routine disposition activity—Form 4s for sales give less direct bullish signal than purchases. The 10b5‑1 plan indicates the trades were executed under an automatic pre-set program rather than ad-hoc sales. If you want exact per-trade price breaks within the reported ranges, the filer has committed to provide that detail on request.