Bergman Artur 4

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.