Fastly CEO Todd Nightingale sold 64,353 shares at $8.19 for $527.1K on 2025-05-16, continuing pattern of sales at this ticker with strong 90-day timing.
Todd Nightingale sold 64,353 shares at $8.19 on 2025-05-16, reducing his position from 1.98M to 1.92M shares. This is the sixth sale in a series of open-market transactions at Fastly; his prior trades at this ticker show 4 of 5 prior sells were well-timed at the 90-day mark, with particularly strong negative 90-day returns of -32.2%, -39.1%, and -44.8% on three prior sales. His cross-ticker track record shows a 66.67% well-timed rate on 6 prior sells across all holdings. Since the sale, the stock has declined to $7.69 (-32.2% from the 52-week high of $11.34) and currently trades below the transaction price, though the 30-day window showed +42.7% gains before the recent selloff. The company remains unprofitable with a $-39.1M net loss in the latest quarter despite +7.4% revenue growth, which provides fundamental context for insider activity at a growth-stage company under margin pressure.