Fastly CEO Sells Over 18,000 Shares Amid Pre-Planned Trading
On July 16 and 17, 2026, Fastly's CEO Kip Compton sold a total of 18,485 shares at an average price of $20.74 per share under a pre-established Rule 10b5-1 trading plan. The transaction was primarily to satisfy tax obligations related to restricted stock unit vesting and did not appear motivated by negative insider information. Compton still holds over one million directly owned shares, representing a 0.67% stake in the company, along with derivative securities that align his interests with shareholders. Fastly reported $652.6 million in trailing twelve-month revenue but remains unprofitable with a net loss of $103.1 million. The stock has delivered strong returns over the past year (up 202%), though it recently fell from its 52-week high due to underwhelming Q1 earnings.
Tickers: $FSLY
Topics: CEO activity SEC filing stock sale