Compton Charles Lacey III 4
4 · Fastly, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Fastly CEO Charles Lacey Sells Shares
What Happened
Charles Lacey, CEO and director of Fastly, sold a total of 14,797 shares in open-market transactions on February 19, 2026. The sales were reported on a Form 4 filed February 23, 2026. The three tranches were: 8,097 shares at a weighted average $18.26 (≈ $147,851), 5,400 shares at $19.52 (≈ $105,408), and 1,300 shares at $20.11 (≈ $26,143), for aggregate proceeds of roughly $279,402. These were sales (S), not purchases.
Key Details
- Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (timely — within the two-business-day filing window).
- Tranche details and price ranges:
- 8,097 shares, weighted avg $18.26; prices ranged $17.96–$18.95 (F2).
- 5,400 shares, weighted avg $19.52; prices ranged $18.96–$19.95 (F3).
- 1,300 shares, weighted avg $20.11; prices ranged $20.02–$20.20 (F4).
- Total shares sold: 14,797; total reported proceeds: ~$279,402.
- Footnote F1: Sales were executed under a Rule 10b5-1 trading plan adopted August 27, 2025.
- The filing notes it can provide a breakdown of how many shares sold at each specific price within the ranges upon request.
- Shares owned after the transactions are not specified in the information provided here.
Context
Sales made under a pre-established Rule 10b5-1 plan are typically scheduled trades and are considered routine disclosure rather than a direct statement of the insider’s current view on the stock. This Form 4 reports dispositions only (S = sale); no purchases, option exercises, or awards are involved.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-19$18.26/sh−8,097$147,851→ 591,219 total - Sale
Class A Common Stock
[F1][F3]2026-02-19$19.52/sh−5,400$105,408→ 585,819 total - Sale
Class A Common Stock
[F1][F4]2026-02-19$20.11/sh−1,300$26,143→ 584,519 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.96 to $18.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) to (4) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.96 to $19.95, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.02 to $20.20, inclusive.