Compton Charles Lacey III 4

What Happened

• Charles Lacey III, Fastly's CEO and a director, was granted/awarded a total of 377,762 shares (three awards of 27,226; 87,259; and 263,277) on February 28, 2026. Each award is reported as an acquisition (code A) at a $0.00 purchase price because these are equity awards/RSUs issued as compensation rather than open‑market purchases or sales.

Key Details

• Transaction date: February 28, 2026; Form 4 filed March 3, 2026.
• Transaction type/code: Award/Grant (A); reported acquisition price $0.00.
• Award breakdown: 27,226; 87,259; and 263,277 shares (total 377,762).
• Vesting notes: Footnote F1 indicates an award paid as fully‑vested RSUs under the 2025 Bonus Plan; footnote F2 describes performance‑based RSUs (PRSUs) earned for fiscal 2025 — 33% of those PRSUs vested on Feb 28, 2026, and the remaining PRSUs vest in quarterly installments (May 28, Aug 28, Nov 28, Feb 28) subject to continued service and performance.
• Shares owned after transaction: Not specified in the excerpt of this filing.
• Filing timeliness: Form filed March 3, 2026 for a Feb 28, 2026 transaction; the filing does not indicate any special late‑filing notation.

Context

• These were compensation awards (RSUs/PRSUs), not open‑market buys or sales — such grants reflect pay and performance outcomes rather than a direct buy/sell market signal.
• Performance‑based RSUs mean the number actually earned and remaining vesting are tied to pre‑established company performance goals for fiscal 2025 and continued employment through future vesting dates.