Insider Selling at FASTLY: A Routine Move Amid a Rising Stock?
On September 21, 2026, Chief Technology Officer Artur Bergman sold 2,400 shares of FASTLY’s Class A Common Stock under a pre‑established Rule 10b‑5‑1 trading plan, followed by two additional sales the next day totaling 45,646 shares. The sales were executed at weighted average prices between $25.32 and $27.51, leaving Bergman’s holdings at roughly 1.6 million shares (about 38 % of his trust). The timing aligns with FASTLY’s recent surge in price—up 20.68 % weekly and 28.91 % monthly—after the company announced a partnership with Comcast to embed Fastly’s edge software into 200 AI‑powered data centers.
What Does the Selling Mean for Investors? The bulk of the insider activity in late September is routine portfolio management under a trading plan. Bergman’s sales are consistent with his historical pattern: he has executed frequent Rule 10b‑5‑1 sales over the past year, ranging from a few hundred to several thousand shares, typically at prices within the mid‑$20s to high‑$25s. Such plans allow insiders to lock in gains without signaling a change in confidence. The fact that the sales occurred after a stock rally suggests that insiders are taking profits rather than reacting to new negative information.
From an equity perspective, the large volume of shares sold—over 45 k in a single day—does not materially dilute the stock, and the company’s market cap remains robust at $4.15 billion. Moreover, the partnership with Comcast is a strategic win that could expand Fastly’s customer base and drive revenue growth in the edge‑computing space. Analysts have noted that the deal is a “positive catalyst” and that the current price levels reflect a healthy valuation upside given the company’s growth trajectory.
Who Is Artur Bergman? A Profile of the Tech Chief Bergman has been with Fastly since 2024, rising quickly to CTO. His insider trading history shows a preference for Rule 10b‑5‑1 plans: over the past 12 months he has sold between 300 and 32,387 shares on several occasions, usually at prices ranging from $20.66 to $28.60. The most recent batch of sales in September 2026 is consistent with his typical pattern—moderate size, executed at a price slightly above the current market level. This suggests that he is managing personal wealth rather than attempting to signal a lack of confidence in the company.
In addition to his trading activity, Bergman’s holdings in the Per Artur Bergman Revocable Trust provide liquidity flexibility, but the trust’s total shares (≈1.9 million) remain a significant stake, underscoring his long‑term commitment to Fastly’s success.
Bottom Line for the Investor Insider selling under Rule 10b‑5‑1 is a common, plan‑driven event that rarely alters the fundamental outlook for a company. Fastly’s recent partnership with Comcast represents a substantive strategic development, and the share sales appear to be profit‑taking rather than a signal of concern. For investors, the key takeaways are a continued focus on edge‑computing growth, a positive market reaction to new partnerships, and an insider activity pattern that is consistent with routine portfolio management.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-09-21 | Bergman Artur (Chief Technology Officer) | Sell | 2,400.00 | 25.32 | Class A Common Stock |
| 2026-09-21 | Bergman Artur (Chief Technology Officer) | Sell | 1,100.00 | 26.62 | Class A Common Stock |
| 2026-09-21 | Bergman Artur (Chief Technology Officer) | Sell | 45,646.00 | 27.51 | Class A Common Stock |
| 2026-09-22 | Bergman Artur (Chief Technology Officer) | Sell | 27,900.00 | 27.82 | Class A Common Stock |
| N/A | Bergman Artur (Chief Technology Officer) | Holding | 1,896,249.00 | N/A | Class A Common Stock |
| N/A | Bergman Artur (Chief Technology Officer) | Holding | 840,005.00 | N/A | Class A Common Stock |
| N/A | Bergman Artur (Chief Technology Officer) | Holding | 109,686.00 | N/A | Class A Common Stock |
| N/A | Bergman Artur (Chief Technology Officer) | Holding | 156,521.00 | N/A | Class A Common Stock |
| N/A | Bergman Artur (Chief Technology Officer) | Holding | 588,671.00 | N/A | Class A Common Stock |
| N/A | Bergman Artur (Chief Technology Officer) | Holding | 254,808.00 | N/A | Class A Common Stock |




