Fastly (FSLY) Director Richard Daniels Sells 11,080 Shares

What Happened

• Director Daniels Richard Devon (listed as a Fastly director) sold 11,080 shares of Fastly common stock in an open-market disposition on 2026-08-07.
• The weighted-average sale price was $22.90 per share, for total proceeds of approximately $253,743. The filing reports the shares were sold in multiple transactions.

Key Details

• Transaction date: 2026-08-07
• Price: $22.90 weighted average; reported range $22.900 to $22.905 (footnote F1)
• Shares sold: 11,080; Proceeds: ~$253,743
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing
• Filing date / timeliness: Form filed 2026-08-11 (4 days after the transaction date); this appears to be later than the usual 2-business-day Form 4 deadline and may indicate a late filing
• Footnote: F1 notes the weighted-average price and that the seller can provide a breakdown of the number of shares sold at each price on request
• Transaction code: S (sale)

Context

• This was a sale (disposition), which is common for insiders for liquidity or portfolio reasons; sales are generally less informative than purchases about insider sentiment.
• The provided filing does not indicate a 10b5-1 plan, gift, option exercise, or tax-withholding disposition; no further motive is stated.