Compton Charles Lacey III 4

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.