The director selling cluster, while small in absolute terms, is notable for its timing (both sales within a week) and the absence of any insider buying. Monitor for upcoming earnings or material news that may have prompted the sales. The cross-filing amplifiers suggest this cluster may be more informative than standalone — watch for further insider activity or a Form 4 filing from the CEO/CFO.
Price Chart
Executive Summary
Two Fastly directors sold a combined $474K in shares over a one-week window. Daniels Richard Devon sold $254K at $22.90 on Aug 7, and Loop Paula sold $220K at $30.00 on Aug 12. While the dollar amount is modest relative to Fastly's $4.8B market cap (0.01%), the cluster of director selling at a rising stock price warrants attention, especially given the company's mixed historical performance and the presence of cross-filing amplifiers.
Key Financial Metrics
Key Facts
- Director Daniels Richard Devon sold 11,100 shares at $22.90 for $254K on 2026-08-07
- Director Loop Paula sold 7,332 shares at $30.00 for $220K on 2026-08-12
- Total insider selling in the cluster: $474K, representing ~0.01% of Fastly's $4.8B market cap
- No insider buying was reported in the cluster window
- The cluster is amplified by cross-filing context (insider-trades + agreement-context, insider-trades + press-context)
Financial Impact
$474K in insider selling, representing 0.01% of market cap — below the 0.1% materiality threshold
Risk Factors
- Insider selling may signal lack of confidence ahead of upcoming earnings or material developments
- The cluster is small relative to market cap, limiting its predictive power
- No C-suite participation reduces the signal strength of the cluster
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-1786738900479 |
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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