[Form 4] Fastly, Inc. Insider Trading Activity
Richard Wong, Fastly CFO, was granted 1,130,323 restricted stock units (RSUs) that each convert into one share of the company鈥檚 Class A common stock. The grant was reported as a transaction on 09/03/2025 and shows 1,130,323 shares beneficially owned following the award. The RSUs are subject to an initial vesting tranche equal to 25% of the total that vests on August 15, 2026, with the remaining units vesting in quarterly installments of 6.25% thereafter, contingent on continued service under the Inducement Plan. The filing is signed by an attorney-in-fact on behalf of the reporting person.
Richard Wong, CFO di Fastly, ha ricevuto 1.130.323 unit脿 azionarie soggette a restrizioni (RSU), ciascuna convertibile in una azione ordinaria di Classe A della societ脿. L鈥檃ssegnazione 猫 stata segnalata come transazione il 03/09/2025 e mostra 1.130.323 azioni possedute in modo beneficiario dopo l鈥檃ttribuzione. Le RSU prevedono una prima tranche di maturazione pari al 25% del totale, che matura il 15 agosto 2026, mentre le unit脿 rimanenti maturano in rate trimestrali del 6,25% ciascuna, subordinatamente alla continuazione del servizio ai sensi dell鈥橧nducement Plan. La comunicazione 猫 firmata da un procuratore a nome della persona che effettua la segnalazione.
Richard Wong, director financiero de Fastly, recibi贸 1.130.323 unidades de acciones restringidas (RSU), cada una convertible en una acci贸n ordinaria Clase A de la compa帽铆a. La concesi贸n se inform贸 como una transacci贸n el 03/09/2025 y refleja 1.130.323 acciones de propiedad beneficiaria tras la adjudicaci贸n. Las RSU est谩n sujetas a una primera tranche de adquisici贸n equivalente al 25% del total, que vence el 15 de agosto de 2026, y las unidades restantes se adquieren en cuotas trimestrales del 6,25% a partir de entonces, condicionadas a la continuidad del servicio conforme al Inducement Plan. El documento est谩 firmado por un apoderado en nombre de la persona informante.
Fastly鞚� 斓滉碃鞛毂呾瀯鞛�(CFO) 毽皑霌� 鞗§潃 臧侁皝 須岇偓鞚� 韥措灅鞀� A 氤错喌欤� 1欤茧 鞝勴櫂霅橂姅 鞝滍暅攵�欤检嫕雼渼(RSU) 1,130,323欤茧ゼ 攵�鞐皼鞎橃姷雼堧嫟. 鞚� 攵�鞐姅 2025雲� 9鞗� 3鞚� 瓯半灅搿� 鞁犼碃霅橃棃鞙茧┌, 攵�鞐� 頉� 1,130,323欤检潣 靾橅槣鞝� 氤挫湢毳� 雮橅儉雰呺媹雼�. RSU電� 鞝勳泊鞚� 25%鞐� 頃措嫻頃橂姅 齑堦赴 氩犾姢韺� 韸鸽灉旃橁皜 2026雲� 8鞗� 15鞚检棎 氩犾姢韺呺悩氅�, 雮橂ǜ歆� 雼渼電� 鞚错泟 攵勱赴氤勲 臧侁皝 6.25%鞌� 氩犾姢韺呺悩氅�, 鞚措姅 Inducement Plan鞐� 霐半ジ 歆�靻� 攴茧毳� 臁瓣贝鞙茧 頃╇媹雼�. 頃措嫻 鞝滌稖靹滊電� 氤搓碃鞚胳潉 雽�鞁犿暣 氩曥爜雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Richard Wong, directeur financier de Fastly, s鈥檈st vu attribuer 1 130 323 unit茅s d鈥檃ctions restreintes (RSU), chacune convertible en une action ordinaire de cat茅gorie A de la soci茅t茅. Cette attribution a 茅t茅 signal茅e comme une transaction le 03/09/2025 et indique 1 130 323 actions d茅tenues 脿 titre b茅n茅ficiaire apr猫s l鈥檃ttribution. Les RSU sont soumises 脿 une premi猫re tranche d鈥檃cquisition repr茅sentant 25 % du total, qui devient acquise le 15 ao没t 2026, les unit茅s restantes 茅tant acquises par versements trimestriels de 6,25 % chacun par la suite, sous r茅serve de la poursuite du service en vertu de l鈥橧nducement Plan. le d茅p么t est sign茅 par un mandataire au nom de la personne d茅clarante.
Richard Wong, CFO von Fastly, erhielt 1.130.323 Restricted Stock Units (RSUs), die jeweils in eine Aktie der Klasse A des Unternehmens umgewandelt werden k枚nnen. Die Zuteilung wurde am 03.09.2025 als Transaktion gemeldet und weist nach der Gew盲hrung 1.130.323 wirtschaftlich gehaltene Aktien aus. Die RSUs unterliegen einer ersten Vesting-Tranche in H枚he von 25% des Gesamtvolumens, die am 15. August 2026 f盲llig wird; die verbleibenden Einheiten vesten anschlie脽end viertelj盲hrlich zu jeweils 6,25%, vorbehaltlich der fortgesetzten Dienstleistung im Rahmen des Inducement Plans. Die Einreichung ist von einem Bevollm盲chtigten im Namen der meldenden Person unterzeichnet.
- 1,130,323 RSUs granted to the CFO as disclosed in the filing
- Clear vesting schedule: 25% at initial milestone and quarterly 6.25% installments thereafter
- None.
Insights
TL;DR: Large RSU grant to the CFO increases incentive alignment but introduces future share settlement.
The grant of 1,130,323 RSUs to the company鈥檚 CFO represents a significant equity-based compensation award disclosed as a non-derivative acquisition. The award vests over time with 25% at a one-year milestone and quarterly vesting thereafter, linking retention to multi-year service. This is a routine executive compensation event; it creates a future obligation to settle shares upon vesting and therefore will increase outstanding shares as units convert. The filing does not disclose cash consideration, performance conditions beyond continuous service, or expected settlement timing beyond the vesting schedule.
TL;DR: The RSU structure is standard for inducement grants, focusing on retention via time-based vesting.
The disclosure indicates these RSUs are part of an Inducement Plan and are 100% initially subject to vesting, with straightforward time-based vesting (25% then quarterly). That design emphasizes retention rather than short-term performance metrics. The filing lists the reporting person鈥檚 role as CFO and reports beneficial ownership after the award. There is no disclosure of additional governance provisions, performance hurdles, or clawback terms in the provided text.
Richard Wong, CFO di Fastly, ha ricevuto 1.130.323 unit脿 azionarie soggette a restrizioni (RSU), ciascuna convertibile in una azione ordinaria di Classe A della societ脿. L鈥檃ssegnazione 猫 stata segnalata come transazione il 03/09/2025 e mostra 1.130.323 azioni possedute in modo beneficiario dopo l鈥檃ttribuzione. Le RSU prevedono una prima tranche di maturazione pari al 25% del totale, che matura il 15 agosto 2026, mentre le unit脿 rimanenti maturano in rate trimestrali del 6,25% ciascuna, subordinatamente alla continuazione del servizio ai sensi dell鈥橧nducement Plan. La comunicazione 猫 firmata da un procuratore a nome della persona che effettua la segnalazione.
Richard Wong, director financiero de Fastly, recibi贸 1.130.323 unidades de acciones restringidas (RSU), cada una convertible en una acci贸n ordinaria Clase A de la compa帽铆a. La concesi贸n se inform贸 como una transacci贸n el 03/09/2025 y refleja 1.130.323 acciones de propiedad beneficiaria tras la adjudicaci贸n. Las RSU est谩n sujetas a una primera tranche de adquisici贸n equivalente al 25% del total, que vence el 15 de agosto de 2026, y las unidades restantes se adquieren en cuotas trimestrales del 6,25% a partir de entonces, condicionadas a la continuidad del servicio conforme al Inducement Plan. El documento est谩 firmado por un apoderado en nombre de la persona informante.
Fastly鞚� 斓滉碃鞛毂呾瀯鞛�(CFO) 毽皑霌� 鞗§潃 臧侁皝 須岇偓鞚� 韥措灅鞀� A 氤错喌欤� 1欤茧 鞝勴櫂霅橂姅 鞝滍暅攵�欤检嫕雼渼(RSU) 1,130,323欤茧ゼ 攵�鞐皼鞎橃姷雼堧嫟. 鞚� 攵�鞐姅 2025雲� 9鞗� 3鞚� 瓯半灅搿� 鞁犼碃霅橃棃鞙茧┌, 攵�鞐� 頉� 1,130,323欤检潣 靾橅槣鞝� 氤挫湢毳� 雮橅儉雰呺媹雼�. RSU電� 鞝勳泊鞚� 25%鞐� 頃措嫻頃橂姅 齑堦赴 氩犾姢韺� 韸鸽灉旃橁皜 2026雲� 8鞗� 15鞚检棎 氩犾姢韺呺悩氅�, 雮橂ǜ歆� 雼渼電� 鞚错泟 攵勱赴氤勲 臧侁皝 6.25%鞌� 氩犾姢韺呺悩氅�, 鞚措姅 Inducement Plan鞐� 霐半ジ 歆�靻� 攴茧毳� 臁瓣贝鞙茧 頃╇媹雼�. 頃措嫻 鞝滌稖靹滊電� 氤搓碃鞚胳潉 雽�鞁犿暣 氩曥爜雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Richard Wong, directeur financier de Fastly, s鈥檈st vu attribuer 1 130 323 unit茅s d鈥檃ctions restreintes (RSU), chacune convertible en une action ordinaire de cat茅gorie A de la soci茅t茅. Cette attribution a 茅t茅 signal茅e comme une transaction le 03/09/2025 et indique 1 130 323 actions d茅tenues 脿 titre b茅n茅ficiaire apr猫s l鈥檃ttribution. Les RSU sont soumises 脿 une premi猫re tranche d鈥檃cquisition repr茅sentant 25 % du total, qui devient acquise le 15 ao没t 2026, les unit茅s restantes 茅tant acquises par versements trimestriels de 6,25 % chacun par la suite, sous r茅serve de la poursuite du service en vertu de l鈥橧nducement Plan. le d茅p么t est sign茅 par un mandataire au nom de la personne d茅clarante.
Richard Wong, CFO von Fastly, erhielt 1.130.323 Restricted Stock Units (RSUs), die jeweils in eine Aktie der Klasse A des Unternehmens umgewandelt werden k枚nnen. Die Zuteilung wurde am 03.09.2025 als Transaktion gemeldet und weist nach der Gew盲hrung 1.130.323 wirtschaftlich gehaltene Aktien aus. Die RSUs unterliegen einer ersten Vesting-Tranche in H枚he von 25% des Gesamtvolumens, die am 15. August 2026 f盲llig wird; die verbleibenden Einheiten vesten anschlie脽end viertelj盲hrlich zu jeweils 6,25%, vorbehaltlich der fortgesetzten Dienstleistung im Rahmen des Inducement Plans. Die Einreichung ist von einem Bevollm盲chtigten im Namen der meldenden Person unterzeichnet.
FAQ
What transaction did Richard Wong (FSLY) report on Form 4?
How many shares does the RSU grant represent for FSLY?
What is the vesting schedule for the RSUs granted to the CFO?
Does the Form 4 show any exercise price or cash paid for the RSUs?
Who signed the Form 4 filing for the reporting person?
