Bergman Artur 4
4 · Fastly, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Fastly (FSLY) CTO Artur Bergman Sells 64,029 Shares
What Happened
Artur Bergman, Fastly's Chief Technology Officer and a director, disposed of a total of 64,029 shares of Fastly common stock in two transactions. On 2026-05-18 he sold 32,181 shares at a reported weighted average price of $16.85 for proceeds of $542,250; on 2026-05-19 he sold 31,848 shares at a reported weighted average price of $16.41 for proceeds of $522,626. Total proceeds reported were approximately $1,064,876. These were sales (not purchases) and appear to be routine dispositions rather than an indicator of buying interest.
Key Details
- Transaction dates and prices:
- 2026-05-18: 32,181 shares @ $16.85 — $542,250
- 2026-05-19: 31,848 shares @ $16.41 — $522,626
- Total shares sold: 64,029; total proceeds ≈ $1,064,876.
- Reported reasons/footnotes of note:
- F1: Shares sold to satisfy tax obligations related to vesting of previously granted Restricted Stock Units (RSUs).
- F3: At least one sale was effected under a Rule 10b5-1 trading plan adopted June 3, 2025 (automated plan).
- F4/F6–F11: Some shares are/ were held in trusts (revocable, grantor retained annuity, remainder trusts) where Bergman is trustee/settlor/investment advisor; one transfer changed form of beneficial ownership from direct to indirect.
- F2/F5: Reported prices are weighted averages; actual trades occurred across price ranges (roughly $16.20–$16.86).
- Shares owned after the transactions: not specified in the provided excerpt.
- Filing timeliness: Form 4 filed 2026-05-20 reporting transactions from 2026-05-18 and 05-19 — appears timely (Form 4 is generally due within two business days).
Context
- These transactions were sales, including at least some to cover tax withholding on RSU vesting; such tax-related sales are common and do not necessarily signal a view on the company’s outlook. The use of a 10b5-1 plan indicates at least some sales were pre-scheduled.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-18$16.85/sh−32,181$542,250→ 2,086,529 total - Sale
Class A Common Stock
[F3][F4][F5]2026-05-19$16.41/sh−31,848$522,626→ 2,054,681 total
- 1,604,901(indirect: See Foonote)
Class A Common Stock
[F6] - 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]Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
- [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 $16.67 to $16.85, 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) and (5) to this Form 4.
- [F3]The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025.
- [F4]The shares were sold by the Per Artur Bergman Revocable Trust, to which the reporting person contributed 31,848 shares of common stock of the Issuer in a transaction that resulted in a change in the form of beneficial ownership from direct to indirect.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.20 to $16.86, inclusive.
- [F6]The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
- [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.