Fastly, Inc. (NASDAQ: FSLY) experienced notable insider activity as CEO Charles Lacey III sold a total of 13,682 shares of Class A Common Stock, generating approximately $122,889 in proceeds. The sales were reported via a Form 4 filing with the U.S. Securities and Exchange Commission.
This selling activity unfolded in two transactions: On January 16, 2026, Lacey sold 9,044 shares at $9.07 apiece, totaling $82,029. These shares were sold specifically to meet tax obligations arising from the vesting of restricted stock units. The transaction prices ranged narrowly between $9.07 and $9.08. Subsequently, on January 20, 2026, he sold an additional 4,638 shares priced at $8.81 each, amounting to $40,860. This latter sale was conducted under a Rule 10b5-1 trading plan set on August 27, 2025, with share prices in this transaction ranging from $8.75 to $8.93.
Following these transactions, CEO Compton Charles Lacey III remains a significant shareholder with 612,232 Fastly shares directly held. These insider sales come at a time when Fastly's stock is valued at approximately $8.92, reflecting a year-to-date decline of 12.38% and trading nearly 30% below its 52-week high of $12.59.
From a financial performance standpoint, Fastly is currently unprofitable over the past twelve months, posting a diluted earnings per share (EPS) of negative $0.96. However, analytical data from InvestingPro indicates that the stock's relative strength index (RSI) suggests it is currently oversold, potentially signaling oversold market conditions. Additionally, analysts forecast that Fastly may turn profitable in the upcoming fiscal year 2025 with an estimated EPS of $0.06.
Investors seeking detailed analysis on Fastly’s financial outlook might consider exploring the comprehensive Pro Research Report available through InvestingPro, which covers over 1,400 U.S. equities. Notably, Fastly is scheduled to announce earnings on February 11, 2026.
Parallel to insider stock movements, Fastly has set the pricing for a $160 million offering of 0% convertible senior notes due in 2030, an increase from a previous plan to offer $125 million in notes. This issuance, expected to settle on December 9, 2025, includes an option authorizing initial purchasers to acquire an additional $20 million in notes. Earlier company disclosures had indicated intentions to issue $125 million with an additional $25 million available opt-in.
Fastly has also outlined plans to transition its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, aiming to complete this move around December 9, 2025.
From an investor relations perspective, KeyBanc recently revised Fastly’s stock rating upward from Sector Weight to Overweight, a move driven by positive interactions with the company’s new Chief Financial Officer and head of Investor Relations. This reassessment reflects growing confidence in Fastly’s expanding offerings in the cybersecurity and security portfolio space.
Collectively, these developments depict a company actively managing its capital structure and investor relations amid challenging market conditions, with insider trading activity providing insight into executive-level portfolio adjustments.