Fastly CTO Sold Shares Worth $825,000
Fastly Chief Technology Officer Artur Bergman sold over 33,000 shares of company stock in mid-September.
Updated on Sept. 21, 2026 in Public Companies
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Fastly Chief Technology Officer Artur Bergman sold 33,579 shares of Class A Common Stock for approximately $825,000. The executive utilized a pre-established Rule 10b5-1 trading plan to complete the transaction.
Why it matters
The sale represents a minor adjustment to the executive's holdings as the company maintains a $3.9 billion market capitalization. Bergman continues to hold over 5.4 million shares of the company.
The stock sale resulted in a less than 1% change in total beneficial ownership for the CTO. This follows a period where Fastly stock price increased 177% over the previous 12-month period.
The players
Artur Bergman
Artur Bergman serves as the Chief Technology Officer of Fastly.
Fastly
Fastly is a San Francisco-based cloud computing services provider with a $3.9 billion market capitalization.
The details
The shares were sold at a weighted average price of $24.57 per share across direct accounts and trusts. This activity follows a second quarter for 2026 where Fastly reported $183.3 million in revenue, a 23% increase year-over-year.
Timeline
Fastly reported $183.3 million in revenue for Q2 2026.
Artur Bergman began selling company shares on September 14, 2026.
The stock sale was completed on September 15, 2026.
Market Landscape
The use of a Rule 10b5-1 trading plan provides a legal framework for insiders to trade stock without accusations of using non-public information, which remains the industry standard for public company executives. This transaction follows the pattern set by standard Rule 10b5-1 trading plans designed to provide a transparent structure for executive equity liquidation.
The executive's sale of stock does not impact retail customers, as Fastly continues its regular operations. Pricing and service availability for users remain unaffected by this internal financial move.
The takeaway
Executive stock sales executed via pre-planned 10b5-1 arrangements are standard corporate practices that do not necessarily signal changes in company health. Investors often monitor these filings for transparency rather than as immediate indicators of future performance.
Further reading
Find more information on Public Companies performance and corporate governance.
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