Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRobert Izquierdo, The Motley FoolSat, June 27, 2026 at 3:49 PM GMT+2 4 min readOn June 17, 2026, Fastly (NASDAQ:FSLY) President of Go to Market, Scott R. Lovett, executed an open-market sale of 41,716 shares of Common Stock for a total value of approximately $741,000, according to an SEC Form 4 filing.Transaction summaryMetricValueShares sold (direct)41,716Transaction value$741,293Post-transaction shares (direct)1,392,778Post-transaction value (direct ownership)$24.25 millionTransaction value based on SEC Form 4 reported price ($17.77); post-transaction value based on June 17, 2026 market close ($17.41).Key questionsHow does this sale compare to Scott Lovett's historical selling activity?The 41,716-share sale is below the historical mean sale size of ~48,452 shares for Lovett's prior open-market dispositions, reflecting both reduced capacity after a series of larger sales and a disciplined ongoing cadence.What proportion of total and direct holdings did this transaction represent?The sale accounted for 2.91% of Lovett's direct holdings at the time, leaving a substantial remaining position of 1,392,778 shares under direct ownership.Did this transaction involve indirect holdings or derivatives?No indirect entities or derivative securities participated; all shares sold were directly held Common Stock, and Lovett's remaining position is solely direct Class A Common Stock.What market context surrounded the sale and what does it imply for future capacity?The transaction occurred as Fastly shares were priced at $17.41 at the June 17, 2026 close (with a one-year total return of 162.6% as of that date), and the declining trade sizes over time are a function of Lovett's shrinking available holdings, rather than a discretionary reduction in sales pace.Company overviewMetricValuePrice (as of market close June 17, 2026)$17.41Market capitalization$2.68 billionRevenue (TTM)$652.57 million1-year price change162.6%* 1-year price change calculated using June 17, 2026 as the reference date.Company snapshotFastly offers an advanced edge cloud platform, including Compute@Edge, edge security services, content delivery, streaming, and developer tools for application deployment and protection.It delivers edge computing and security solutions as Infrastructure as a Service (IaaS).The company serves digital publishers, media and entertainment firms, technology companies, e-commerce, travel, hospitality, and financial services clients globally.Fastly operates a global edge cloud platform that enables rapid, secure, and programmable delivery of digital experiences for enterprise customers. The company differentiates itself through a highly customizable infrastructure, robust developer resources, and integrated security solutions designed for performance and scalability.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info