Bergman Artur 4
4 · Fastly, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Fastly (FSLY) CTO Artur Bergman Sells Shares
What Happened
Artur Bergman, Fastly’s Chief Technology Officer and a director, sold a total of 305,000 Fastly shares in open‑market transactions on March 9–10, 2026 for aggregate proceeds of roughly $6.88 million. The sales comprised 6,956 shares at a weighted average ~$20.16 ($140,233), 25,554 shares at a weighted average ~$21.13 ($539,956), 7,490 shares at a weighted average ~$21.73 ($162,758), and a larger block of 265,000 shares at a weighted average ~$22.79 ($6,039,350). These were outright sales (S), not purchases or option exercises.
Key Details
- Transaction dates: Mar 9, 2026 (multiple small blocks) and Mar 10, 2026 (265,000 shares).
- Total shares sold: 305,000; total proceeds: approx. $6,882,297.
- Prices: reported as weighted averages; component executions in the filing range roughly $19.53 to $23.12.
- Plan/authorization: the filing notes some sales were effected under a Rule 10b5‑1 trading plan adopted June 3, 2025.
- Holdings after transaction: not specified in the provided excerpt — see the full Form 4 for post‑transaction beneficial ownership.
- Filing timeliness: filed March 11, 2026 for transactions on Mar 9–10, 2026 (appears timely).
Context: These were sales (often routine) and at least part were executed under a pre‑arranged 10b5‑1 plan, which typically indicates scheduled dispositions rather than opportunistic trades. The filing also references multiple trusts holding shares for which Bergman serves as trustee, settlor, or investment advisor; consult the full Form 4 for detailed ownership and trust information.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-09$20.16/sh−6,956$140,233→ 1,902,945 total(indirect: See Foonote) - Sale
Class A Common Stock
[F1][F4][F3]2026-03-09$21.13/sh−25,554$539,956→ 1,877,391 total(indirect: See Foonote) - Sale
Class A Common Stock
[F1][F5][F3]2026-03-09$21.73/sh−7,490$162,758→ 1,869,901 total(indirect: See Foonote) - Sale
Class A Common Stock
[F1][F6][F3]2026-03-10$22.79/sh−265,000$6,039,350→ 1,604,901 total(indirect: See Foonote)
- 2,118,710
Class A Common Stock
- 840,005(indirect: See Footnote)
Class A Common Stock
[F7] - 109,686(indirect: See Footnote)
Class A Common Stock
[F8] - 156,521(indirect: See Footnote)
Class A Common Stock
[F9] - 588,671(indirect: See Footnote)
Class A Common Stock
[F10] - 254,808(indirect: See Footnote)
Class A Common Stock
[F11]
Footnotes (11)
- [F1]The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025.
- [F10]The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee.
- [F11]The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 5, of which the reporting person is trustee.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.53 to $20.47, 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 ranges set forth in footnotes (2), (4), (5) and (6) 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.53 to $21.52, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.53 to $21.83, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $23.12, inclusive.
- [F7]The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
- [F8]The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
- [F9]The shares are held by The PAB 2021 Remainder Trust, of which the reporting person is the investment advisor.