Fastly CTO Artur Bergman Divests $163,600 in Shares Amid Strategic Corporate Moves

Artur Bergman, the Chief Technology Officer at Fastly, Inc. (NYSE:FSLY), completed the sale of 20,000 shares classified as Class A Common Stock on January 20, 2026, as documented in a recent Form 4 filing submitted to the Securities and Exchange Commission. This transaction was executed at a weighted average price between $8.74 and $8.93 per share, resulting in a total transaction amounting to $163,600. Notably, this price range closely matches the current trading level, approximately $8.92. Despite the company's stock having declined by 12.4% since the start of the year, data from InvestingPro suggests that Fastly's shares remain undervalued relative to their assessed fair value. Post-sale, Bergman retains direct ownership of 2,650,579 shares in Fastly. This transaction fell under a predetermined Rule 10b5-1 trading plan, which he adopted on June 3, 2025. Fastly presently holds a market capitalization near $1.33 billion and is scheduled to disclose its next quarterly earnings report on February 11, 2026, roughly 20 days from the sale date. Beyond his direct holdings, Bergman also controls significant indirect equity stakes through various trusts. These include The Per Artur Bergman Revocable Trust (2,500,558 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), and The PAB 2021 Remainder Trust (156,521 shares). While Fastly is presently not profitable, financial analysts using InvestingPro data anticipate a positive turnaround this fiscal year, projecting earnings per share of $0.06 in 2025. Recent corporate developments highlight strategic finance and market positioning moves by Fastly. The company announced a pricing for $160 million of 0% convertible senior notes maturing in 2030, exceeding an originally intended $125 million issuance. This offering is slated to close on December 9, 2025, including an option for investors to purchase an additional $20 million in notes. Simultaneously, Fastly revealed plans to transition its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, expected to take effect around December 9, 2025, further signaling intent to reposition in capital markets. From an equity analyst perspective, KeyBanc has adjusted Fastly's stock rating from Sector Weight to Overweight, elevating the price target to $14.00. This upgrade followed discussions with Fastly’s newly-appointed Chief Financial Officer and head of Investor Relations. The positive outlook hinges, in part, on expansion in Fastly's security portfolio. In addition, Fastly had earlier announced a convertible notes offering of $125 million, with an allowance for up to a $25 million increase. This offering targets qualified institutional buyers, with initial purchasers granted a 13-day window to exercise the option to acquire the additional notes. Collectively, these financial initiatives and insider transactions reflect Fastly’s ongoing efforts to strengthen its balance sheet and market positioning amid a challenging pricing environment. The CTO’s sale under a pre-established plan underscores routine portfolio management rather than an immediate market reaction. This report was compiled using AI assistance and reviewed by an editor to ensure accuracy and clarity. For more information, please refer to the company's disclosures and financial reports.