PAISLEY CHRISTOPHER B 4
4 · Fastly, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Fastly (FSLY) Director Christopher Paisley Receives RSU Award
What Happened
Christopher B. Paisley, a director of Fastly, Inc. (FSLY), received a grant of 9,601 restricted stock units (RSUs) reported on 2026-06-03. The award is reported at $0.00 per unit (no cash purchase); each RSU is a contingent right to one share of Class A common stock upon settlement. This is an equity award (code A), not a market purchase or sale.
Key Details
- Transaction date: 2026-06-03; filing date: 2026-06-05 (filed timely).
- Grant: 9,601 RSUs @ $0.00 reported. No immediate cash value recorded; actual value will depend on Fastly's share price at settlement.
- Vesting: RSUs vest quarterly over one year from the grant date and will be fully vested on the earlier of the next annual meeting (or immediately prior if the director leaves due to non‑re‑election) or the one‑year anniversary, subject to continued service. (See footnote F1.)
- Ownership after transaction: not specified in the filing.
- Footnote F2: Some shares are held by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94.
Context
This is a standard director equity award meant to align long‑term interests with shareholders. It is neither a buy nor a sale and does not indicate an immediate cash transaction; the economic benefit is realized only if and when RSUs settle into shares according to the vesting schedule.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-03+9,601→ 14,828 total
- 284,485(indirect: See Footnote)
Class A Common Stock
[F2]
Footnotes (2)
- [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.
- [F2]The shares are held by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94.