Bergman Artur 4
Research Summary
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Fastly (FSLY) CTO Artur Bergman Sells 31,079 Shares
What Happened
Artur Bergman, Fastly's Chief Technology Officer and a director, sold a total of 31,079 Fastly shares in open-market transactions on March 5, 2026. The filing reports two sale lots: 24,481 shares at a reported weighted-average price of $20.54 (total ~$502,840) and 6,598 shares at a weighted-average price of $21.23 (total ~$140,076), for combined proceeds of approximately $642,916. These were sales (not purchases or option exercises).
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely within the 2-business-day rule).
- Lots and prices reported: 24,481 shares @ $20.54 (weighted avg; individual trade prices ranged $20.09–$21.07 per footnote) and 6,598 shares @ $21.23 (weighted avg; range $21.10–$21.41 per footnote).
- Total shares sold: 31,079; estimated proceeds ≈ $642,916.
- Reported as sales (code S). The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Bergman on June 3, 2025 (footnote F1).
- Several footnotes indicate various trusts (F4–F9) of which Bergman is settlor, trustee, or investment advisor hold shares; consult the full Form 4 for post-transaction beneficial ownership totals (not provided in the excerpt).
Context
- These were pre-arranged sales under a Rule 10b5-1 plan, which generally means the trades were scheduled in advance and are often viewed as routine rather than a real-time signal of insider sentiment.
- Sales are informational for shareholders but do not, by themselves, indicate the insider’s view of the company’s prospects. For full ownership detail and transaction-level prices, see the complete SEC Form 4 (accession 0001517413-26-000100).