CTO Bergman sells 64,029 shares at blended $16.63 across 2 scheduled trades for $1.1M via 10b5-1 plan
Artur Bergman, Chief Technology Officer of Fastly, executed 2 separate sales totaling 64,029 shares for $1,064,875.53 on 2026-05-18 and 2026-05-19 via a pre-arranged 10b5-1 trading plan adopted on 2025-06-03, reducing his holdings from 2,118,710 shares to 2,054,681 shares. As a scheduled transaction, this sale reflects contractual execution rather than discretionary trading judgment. Fastly is unprofitable (net income $-20,524,000.00 in the latest quarter, negative full-year result), though revenue is growing at +14.8% year-over-year; the stock is currently trading at $17.12, down 50.8% from its 52-week high of $34.82 and down 32.6% over the prior 30 days. The CTO retains 2.05M shares post-transaction, maintaining substantial exposure to the company.