Daniels Richard Devon 4
4 · Fastly, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Fastly (FSLY) Director Richard Devon Daniels Receives RSU Award
What Happened Richard Devon Daniels, a director of Fastly, was granted 9,601 restricted stock units (RSUs) on June 3, 2026. The award is reported at a $0.00 per-share acquisition price (typical for RSU grants); no cash changed hands. This is an equity compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-03; filing date: 2026-06-05 (no late filing indicated in the Form 4).
- Award: 9,601 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Each RSU is a contingent right to one share upon settlement. RSUs vest quarterly over one year and will be fully vested on the earlier of the next annual meeting (or immediately prior if director leaves due to non‑re election) or the one‑year anniversary, subject to continued service.
Context RSU grants are standard director/executive compensation and represent a future claim to shares once vested and settled; they do not reflect an immediate open‑market purchase or sale. For retail investors, such awards are routine and primarily indicate compensation alignment with shareholders rather than a direct signal about the insider's view on short‑term stock direction.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-03+9,601→ 62,277 total
Footnotes (1)
- [F1]The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest quarterly over one year following the date of grant and will be fully vested on the earlier of the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the reporting person's service as a director ends at such meeting due to the failure to be re-elected or not standing for re-election) and the one year anniversary measured from the date of grant, each subject to continued service as a director of the Issuer through each applicable vesting date.