Fastly (FSLY) Director Christopher Paisley Sells 3,000 Shares

What Happened

• Christopher B. Paisley, a director of Fastly, sold 3,000 shares of Fastly common stock in an open-market transaction on August 31, 2026, at $23.00 per share, generating $69,000 in proceeds. This was a sale (not a purchase) and was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: August 31, 2026 — 3,000 shares sold at $23.00 each.
• Total value: $69,000.
• Shares owned after transaction: Not specified in the excerpt provided.
• Notable footnotes:
  • F1: Sale was executed pursuant to a Rule 10b5-1 plan adopted February 26, 2026 (indicates an automated pre-set trading plan).
  • F2: Administrative correction shifting ownership of 1,000 shares from indirect to direct ownership to fix prior Form 4 reporting; total beneficial ownership was correctly reported previously.
  • F3: Some shares are held by the "Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94."
• Filing date: Form 4 filed September 2, 2026 reporting the August 31 transaction (appears to be filed two days after the trade).

Context

• Sales executed under a Rule 10b5-1 plan are typically pre-arranged and often reflect routine portfolio management rather than an immediate judgment about the company’s prospects. No option exercises, gifts, or other derivative transactions were reported in this filing.