Fastly Director Paula Loop Sells Shares Under Rule 10b5-1 Plan
Paula Loop, a director at Fastly (NASDAQ:FSLY), sold 7,332 shares of Class A Common Stock on August 12, 2026, for $30 per share under a pre-established Rule 10b5-1 trading plan. The transaction was disclosed in an SEC Form 4 filing and is part of Loop's broader liquidity strategy without access to material non-public information. Following the sale, Loop holds 90,443 shares directly valued at $2.58 million based on a closing price of $28.53 per share as of August 12. Fastly insiders collectively own less than 0.1% of company stock, indicating limited direct influence from internal stakeholders. The sale is not seen as indicative of negative sentiment toward the business or its prospects. Fastly continues to grow revenue and has shown narrowing losses on a GAAP basis while achieving four consecutive quarters of non-GAAP profitability.
Tickers: $FSLY
Topics: Rule 10b5-1 plan SEC filing share sale