The CEO's sale is notable but the dollar amount is too small to signal a material bearish view. Monitor for any upcoming 8-K filings (earnings, guidance, or material agreements) that could explain the timing. Given the historical T+20 win rate of 60% on prior FSLY reports, no immediate action is warranted.
Price Chart
Executive Summary
Two Fastly insiders, including CEO Charles Lacey III and Director Richard Devon, sold a combined $625K in open-market sales over a one-week period. While the dollar amount is modest relative to the $4.4B market cap (~0.014%), the involvement of the CEO in a cluster sale warrants attention, though insider sales are generally less predictive than buys per academic literature. The cluster is amplified by the presence of both an earnings context and an insider-trades context per cross-filing actuarial verdicts, but the absolute size is too small to be material.
Key Financial Metrics
Key Facts
- CEO Charles Lacey III sold 14,900 shares at ~$25.00 for $372K on 2026-08-04.
- Director Richard Devon sold 11,080 shares at $22.90 for $254K on 2026-08-07.
- Total insider sales of $625K represent ~0.014% of Fastly's $4.4B market cap.
- The cluster includes two insiders, one of whom is the CEO, but the total value is below the 0.1% materiality threshold.
Financial Impact
Total insider sales of $625K, or ~0.014% of market cap, are trivial relative to company size.
Risk Factors
- Insider sales, even by the CEO, are often liquidity-driven and not predictive of near-term stock moves.
- The cluster is small and may reflect routine portfolio diversification or tax planning.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FSLY-1786482103048 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $23.16 $24.86 | ▲ +7.34% | ▲ +7.79% | $26.16 (+12.95%) |
Sep 4, 2026 27d ago | Insider Cluster | $21.49 $22.71 | ▲ +5.68% | ▲ +6.14% | $26.16 (+21.73%) |
Sep 2, 2026 29d ago | Insider Cluster | $21.12 $20.59 | ▼ −2.51% | ▼ −2.12% | $26.16 (+23.86%) |
Aug 31, 2026 4w ago | Insider Cluster | $20.77 $20.43 | ▼ −1.64% | ▼ −2.08% | $26.16 (+25.95%) |
Aug 31, 2026 4w ago | 144 | $22.79 $20.77 | ▼ −8.86% | ▼ −8.18% | $26.16 (+14.79%) |
Aug 25, 2026 5w ago | Insider Cluster | $23.29 $24.64 | ▲ +5.80% | ▲ +5.14% | $26.16 (+12.32%) |
Aug 20, 2026 6w ago | Insider Cluster | $24.95 $22.94 | ▲ +8.06% | ▲ +7.76% | $26.16 (−4.85%) |
Aug 20, 2026 6w ago | Insider Cluster | $24.95 $22.94 | ▲ +8.06% | ▲ +7.76% | $26.16 (−4.85%) |
Aug 14, 2026 6w ago | Insider Cluster | $29.04 $26.59 | ▲ +8.44% | ▲ +7.76% | $26.16 (+9.92%) |
Aug 11, 2026 7w ago | Insider Cluster | $28.53 $30.02 | ▲ +5.22% | ▲ +4.52% | $26.16 (−8.31%) |
US Market Status
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