Fastly CTO Artur Bergman sells $11.4m in stock

Fastly's Chief Technology Officer, Artur Bergman, divested $11.4 million worth of the company's Class A common stock on September 23, 2026. The sale consisted of 379,602 shares, with prices between $28.04 and $30.65, executed under a pre-established Rule 10b5-1 trading plan. This move comes in the wake of a remarkable 193.65% increase in Fastly's share price over the past year, which is now trading at $24.96.

According to InvestingPro, the stock seems reasonably valued, with the company displaying robust growth, up 145% year-to-date. After the transaction, Bergman retains a total of 1,896,249 shares directly and indirect ownership of more shares through various trusts, including The Per Artur Bergman Revocable Trust, The Artur Bergman Remainder Trust One DTD 5/2/2019, The Artur Bergman Remainder Trust Three DTD 5/2/2019, The PAB 2021 Remainder Trust, The Per Artur Bergman Grantor Retained Annuity Trust No. 4, and The Per Artur Bergman Grantor Retained Annuity Trust No. 5.