The CEO's $1.26M sale is the largest single insider transaction in this cluster and is not flagged as a 10b5-1 plan sale. With the President and CTO also selling, this is a coordinated reduction by top management. Monitor for any upcoming earnings miss or guidance revision that may have prompted this selling.
Price Chart
Executive Summary
Four Fastly insiders, including the CEO, President, CTO, and Principal Accounting Officer, sold a total of $1.59M in open-market shares over a one-week window. The CEO alone sold $1.26M worth of stock, making this a material cluster of sales by top executives.
Key Financial Metrics
Key Facts
- CEO Charles Lacey III sold 50,400 shares for $1.26M on 2026-09-14
- President Scott Lovett sold 41,815 shares total across three trades ($1.03M)
- Principal Accounting Officer Jeffrey Ford sold 45,832 shares total ($1.13M)
- CTO Artur Bergman sold 2,200 shares for $55,660 on 2026-09-17 and another 1,100 shares for $29K on 2026-09-21
- Total insider sales: $1.59M over 7 days
- All trades were open-market sales (code S) with no 10b5-1 plan indication
Financial Impact
$1.59M in insider sales, representing approximately 0.5% of Fastly's market cap (based on $326M market cap in snapshot)
Risk Factors
- CEO selling $1.26M in open market without plan indication suggests negative private information
- Cluster of C-suite and officer sales increases signal strength beyond a single insider
- No insider buying to offset the selling pressure
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FSLY-1790196345121 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | $25.48 | awaiting T+60 | — | $25.61 (+0.51%) |
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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