Bergman Artur 4
4 · Fastly, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Fastly (FSLY) CTO Artur Bergman Sells 869 Shares
What Happened
Artur Bergman, Fastly's Chief Technology Officer and director, sold 869 shares of Fastly common stock in an open-market transaction on 2026-02-27 for a weighted average price of $17.50, generating proceeds of approximately $15,208. The sale was made to satisfy tax obligations related to the vesting of previously granted restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-27 (reported on Form 4 filed 2026-03-02). The filing date is within the standard two-business-day reporting window.
- Transaction type: Sale (S) — shares sold to cover tax withholding on vested RSUs (footnote F1).
- Price: Weighted average $17.50; shares sold in multiple trades at prices ranging $17.50–$17.51 (footnote F2).
- Proceeds: ~$15,208 (869 shares × ~$17.50).
- Shares owned after transaction: Not specified in the provided filing details.
- Ownership notes: Remaining shares are reported as held in several trusts for which Bergman serves as settlor, trustee, or investment advisor (footnotes F3–F8).
- Footnote availability: The reporting person can provide a breakdown of how many shares were sold at each price in the $17.50–$17.51 range upon request (F2).
Context
This was a routine tax-withholding sale tied to RSU vesting rather than a discretionary market-timing sale; such transactions are common when insiders satisfy tax obligations on equity awards and do not necessarily signal a change in insider sentiment.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-27$17.50/sh−869$15,208→ 1,841,663 total
- 2,185,135(indirect: See Foonote)
Class A Common Stock
[F3] - 840,005(indirect: See Footnote)
Class A Common Stock
[F4] - 109,686(indirect: See Footnote)
Class A Common Stock
[F5] - 50,481(indirect: See Footnote)
Class A Common Stock
[F6] - 792,998(indirect: See Footnote)
Class A Common Stock
[F7] - 156,521(indirect: See Footnote)
Class A Common Stock
[F8]
Footnotes (8)
- [F1]Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.50 to $17.51, 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 range set forth in footnote (2) to this Form 4.
- [F3]The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
- [F4]The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
- [F5]The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
- [F6]The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 3, of which the reporting person is trustee.
- [F7]The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee.
- [F8]The shares are held by The PAB 2021 Remainder Trust, of which the reporting person is the investment advisor.