Fastly (FSLY) Director Christopher Paisley Sells 1,000 Shares

What Happened

• Christopher B. Paisley, a director of Fastly, sold 1,000 shares of Fastly common stock in an open-market transaction on May 29, 2026. The shares were sold at $16.96 per share for total proceeds of $16,960. This was a sale (not a purchase), often viewed as routine insider liquidity rather than a signal of company outlook.

Key Details

• Transaction date and price: May 29, 2026 — 1,000 shares at $16.96 each.
• Total value: $16,960.
• Sale method: Reported as an open market sale executed pursuant to a Rule 10b5-1 trading plan adopted by Paisley on February 26, 2026 (Footnote F1).
• Ownership change note: Footnote F2 states that Paisley contributed 119,309 shares to the "Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94," changing the form of beneficial ownership from direct to indirect; that contribution is separate from this sale.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Filing timeliness: The Form 4 was filed on June 2, 2026, which is within the two-business-day window following the May 29 transaction (timely).

Context

• The sale was executed under a 10b5-1 plan, meaning it was a pre-arranged schedule of trades rather than necessarily a contemporaneous decision based on nonpublic information. The trust transfer noted in the filing reflects a change in how Paisley holds certain shares (direct → indirect) and is not a market-direction signal by itself.