Scott R. Lovett, President, Go to Market at Fastly, Inc. (NASDAQ:FSLY), filed a Form 4 on August 20, 2026, disclosing the sale of 14,936 shares of Class A Common Stock on August 18, 2026, to satisfy tax obligations arising from the vesting of previously granted Restricted Stock Units.

Key Highlights

  • Reporting person: Scott R. Lovett, President, Go to Market at Fastly, Inc.
  • Transaction date: August 18, 2026, with the form filed August 20, 2026.
  • Shares disposed: 14,936 shares of Class A Common Stock, transaction code S (sale), marked as Disposed (D).
  • Weighted average price: $28.6 per share, with individual transactions ranging from $28.60 to $29.11, inclusive.
  • Purpose: Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units, according to the filing.
  • Remaining beneficial ownership: 1,377,842 shares of Class A Common Stock held directly following the transaction.

Lovett's RSU Vesting Tax Sale at Fastly Detailed in Form 4

According to the filing, Scott R. Lovett, who serves as President, Go to Market at Fastly, Inc., disposed of 14,936 shares of Class A Common Stock on August 18, 2026. The filing states the transaction was a sale (code S) carried out directly, and that the shares were "sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units."

The price reported in the filing is described as a weighted average of $28.6 per share. The filing further notes that "these shares were sold in multiple transactions at prices ranging from $28.60 to $29.11, inclusive," and that Lovett "undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range." Following the reported transaction, the filing indicates Lovett directly beneficially owned 1,377,842 shares of Class A Common Stock. No derivative securities transactions were reported in Table II of the filing.

The Form 4 was signed by Tara Seracka as Attorney-in-Fact on August 20, 2026, and filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. No amendment date was indicated, and the filing was made by one reporting person.

What Was Disclosed

Fastly's President, Go to Market, Scott R. Lovett, reported the sale of 14,936 shares of Class A Common Stock at a weighted average price of $28.6 per share on August 18, 2026, solely to cover taxes on vested Restricted Stock Units, leaving him with 1,377,842 shares directly held.