Daniels Richard Devon 4

What Happened
Richard Devon Daniels, a director of Fastly, sold 14,976 shares in an open-market sale on March 6, 2026. The weighted-average price was $20.89 per share, producing total proceeds of approximately $312,849. This was a sale (disposition), not a purchase or derivative exercise.

Key Details

• Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10)
• Shares sold: 14,976; Transaction code: S (sale)
• Price: weighted average $20.89; reported range $20.84–$20.92 (footnote F1)
• Total proceeds: ~$312,849
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: F1 explains the reported price is a weighted average across multiple trades and that the reporting person will provide a breakdown of shares sold at each price on request
• Filing timeliness: Form 4 was filed on 2026-03-10; no late-filing indication shown in the provided data

Context
This was an open-market sale by a company director. Sales by insiders can be for many reasons (liquidity, portfolio rebalancing, taxes) and do not by themselves indicate the insider’s view of the company’s long-term prospects. Retail investors often weigh insider purchases more heavily than routine sales when assessing insider sentiment.