While the dollar amount is small relative to market cap, the CEO and CTO both selling without a disclosed plan is a modest negative signal. Monitor for any upcoming earnings pre-announcement or material news that may have prompted the sales. The CTO's larger sale at a higher price suggests he may have been taking advantage of a recent rally.
Price Chart
Executive Summary
Two Fastly insiders, including the CEO and CTO, sold a combined $1.03M in open-market sales over a one-week window. The CTO sold $818K at $26.62 and the CEO sold $208K at $23.08. No 10b5-1 plan is indicated, making these discretionary sales. Relative to Fastly's ~$3.1B market cap (based on ~117M shares outstanding at ~$26.62), the total represents ~0.03%, which is below the 0.1% materiality threshold and is considered routine.
Key Financial Metrics
Key Facts
- CTO Artur Bergman sold 30,700 shares for $818K on 2026-10-12 at $26.62
- CEO Charles Lacey Compton III sold 9,000 shares for $208K on 2026-10-19 at $23.08
- Total insider sales: $1.03M, representing ~0.03% of market cap
- No 10b5-1 plan indicated for either sale
- Sales occurred in a tight window (Oct 12–19), suggesting a coordinated or opportunistic exit
Financial Impact
Total insider sales of $1.03M, ~0.03% of market cap — below the 0.1% materiality threshold
Risk Factors
- Insider sales may precede negative news or a guidance revision
- Lack of 10b5-1 plan increases the likelihood of informed selling
- C-suite selling (CEO + CTO) carries more weight than director-level sales
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FSLY-1792530056576 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | — | awaiting T+60 | — | — |
Oct 26, 2026 today | 144 | $25.44 | awaiting T+60 | — | $25.61 (+0.67%) |
Oct 20, 2026 6d ago | Insider Cluster | $23.30 | awaiting T+60 | — | $25.61 (−9.91%) |
Oct 19, 2026 7d ago | 144 | $22.07 | awaiting T+60 | — | $25.61 (+16.04%) |
Sep 25, 2026 4w ago | Insider Cluster | $24.92 | awaiting T+60 | — | $25.61 (−2.77%) |
Sep 23, 2026 4w ago | Insider Cluster | $26.68 | awaiting T+60 | — | $25.61 (+4.01%) |
Sep 21, 2026 5w ago | Insider Cluster | $26.08 | awaiting T+60 | — | $25.61 (+1.80%) |
Sep 18, 2026 5w ago | Insider Cluster | $27.42 | awaiting T+60 | — | $25.61 (+6.60%) |
Sep 16, 2026 5w ago | Insider Cluster | $24.57 | awaiting T+60 | — | $25.61 (−4.23%) |
Sep 10, 2026 6w ago | Insider Cluster | $23.16 | awaiting T+60 | — | $25.61 (+10.58%) |
US Market Status
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