A Form 4 filed on September 10, 2026 discloses that Charles Lacey Compton III, Chief Executive Officer and Director of Fastly, Inc. (NASDAQ:FSLY), sold 2,436 shares of Class A Common Stock on September 8, 2026 under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 2,436 shares of Class A Common Stock disposed of on September 8, 2026.
  • Sale price: $21.23 per share, as reported in the filing.
  • Remaining ownership: 902,341 shares of Class A Common Stock held directly following the transaction.
  • Trading plan: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2026.
  • Transaction code: The transaction is coded "S" (sale) and marked as direct ownership.

Fastly CEO's Share Sale Details and Ownership Following Transaction

According to the filing, Charles Lacey Compton III, identified as CEO and Director of Fastly, Inc., disposed of 2,436 shares of the company's Class A Common Stock on September 8, 2026 at a price of $21.23 per share. The transaction is recorded with code "S," indicating an open-market sale, and the shares are held directly by the reporting person.

The filing notes that the sales were carried out pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on May 11, 2026. Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled trading arrangements at a time when they are not in possession of material non-public information. The Form 4 is marked to indicate the transaction was made pursuant to such a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Following the reported transaction, Compton directly beneficially owns 902,341 shares of Class A Common Stock, according to the filing. No derivative securities transactions were reported in Table II of the Form 4. The form was signed by Tara Seracka as Attorney-in-Fact and dated September 10, 2026.

What Was Disclosed

The filing reports the sale of 2,436 shares of Fastly Class A Common Stock by the company's CEO at $21.23 per share on September 8, 2026, executed under a Rule 10b5-1 plan adopted May 11, 2026, leaving the executive with 902,341 shares directly held.