Lovett Scott R. 4

What Happened

• Scott R. Lovett, President, Go to Market at Fastly (FSLY), disposed of 76,635 shares in open-market sales across March 17–18, 2026, generating roughly $1,881,238 in proceeds. Transactions by tranche:
  • 34,953 shares @ $22.28 — $778,753 (Mar 17)
  • 6,409 shares @ $24.86 — $159,328 (Mar 18)
  • 7,691 shares @ $25.63 — $197,120 (Mar 18)
  • 11,782 shares @ $26.71 — $314,697 (Mar 18)
  • 15,800 shares @ $27.30 — $431,340 (Mar 18)
• These were sales (not purchases); several tranches were sold to satisfy tax withholding on vested Restricted Stock Units and at least some sales were made under a previously adopted Rule 10b5-1 trading plan.

Key Details

• Dates: March 17–18, 2026; Filing date: March 19, 2026 (filed within normal 2-business-day window).
• Total shares sold: 76,635; Total proceeds: ~$1,881,238.
• Reported price ranges (weighted-average sales reported; multiple trades per tranche): $22.28–$22.40, $24.11–$25.09, $25.11–$26.10, $26.11–$27.10, and $27.11–$27.56.
• Footnotes: F1 = sales to satisfy tax obligations from RSU vesting; F3 = sales effected pursuant to a 10b5-1 plan (adopted Feb 28, 2025); F2/F4–F7 = weighted-average pricing with per-tranche price ranges.
• Shares owned after the transactions: not specified in the information provided in this summary.

Context

• These sales appear to include routine tax-withholding disposals and transactions under a pre-set 10b5-1 plan, which are common and do not necessarily signal a change in insider sentiment. Sales are informative about insider liquidity but, unlike purchases, are less often interpreted as a bullish signal.