Artur Bergman, Fastly Inc.'s Chief Technology Officer, executed a small sale of company stock on February 27, 2026, disposing of 869 shares of Class A Common Stock for approximately $15,207. According to the filing with the Securities and Exchange Commission, the shares changed hands at prices between $17.50 and $17.51.
The Form 4 disclosure states the sale was completed to cover tax obligations arising from the vesting of restricted stock units. The reported transaction was limited in size relative to Bergman's total holdings.
Following the sale, Bergman's direct ownership of Fastly Class A Common Stock stands at 1,841,663 shares. He also retains indirect stakes through several trusts, with the following holdings reported:
- The Per Artur Bergman Revocable Trust - 2,185,135 shares
- The Artur Bergman Remainder Trust One DTD 5/2/2019 - 840,005 shares
- The Artur Bergman Remainder Trust Three DTD 5/2/2019 - 109,686 shares
- The Per Artur Bergman Grantor Retained Annuity Trust No. 3 - 50,481 shares
- The Per Artur Bergman Grantor Retained Annuity Trust No. 4 - 792,998 shares
- The PAB 2021 Remainder Trust - 156,521 shares
Since the reported sale, Fastly's shares have advanced to $21.17, trading close to a 52-week high of $21.23 and reflecting a 224% gain over the past year.
Market analysis from InvestingPro included in the disclosure indicates the stock is currently considered overvalued on the basis of Fair Value calculations and notes that 13 additional ProTips are available to subscribers.
Separately, Fastly reported a stronger-than-expected fourth quarter. The company posted revenue of $172.6 million, topping the consensus estimate of $161.4 million and representing a 22% year-over-year increase. Operating profit for the quarter came in at $21.2 million, and earnings per share were $0.12, both metrics exceeding the consensus figures of $10.2 million in operating profit and $0.06 in earnings per share.
Following the quarterly results, several analyst firms adjusted their price targets. DA Davidson raised its target to $13 from $9 while retaining a Neutral rating and citing the strong quarterly performance. Piper Sandler increased its target to $14 from $11, pointing to the company's significant beat and noted strength in AI. RBC Capital lifted its target to $20 from $12, highlighting improved execution and expansion. These moves were described as reflective of Fastly's recent performance and the outlook expressed by analysts.
The insider sale, the sizeable reported direct and indirect holdings, the InvestingPro valuation view, and the recent analyst target changes together offer investors multiple data points to weigh as Fastly's shares trade near their 52-week peak.
Note: The transaction detail above is limited to the information disclosed in the company filing and the referenced market commentary.