secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2021-07-13T23:59:59+00:00
Accession:  0001517413-21-000127
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly appoints Equinix CEO Charles Meyers and PwC veteran Paula Loop to board; director pay raised
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- Charles Meyers (Equinix CEO) and Paula Loop (ex-PwC governance leader) elected as independent directors effective July 8, 2021.
- Board expands to nine members; Meyers on Compensation Committee, Loop on Audit and Nominating/Governance Committees.
- Initial RSU grant for non-employee directors increased from $175,000 to $400,000; annual RSU from $175,000 to $200,000.
- Each new director receives $30,000 annual cash retainer plus committee retainers ($7,500 Meyers, $13,750 Loop quarterly).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000127/0001517413-21-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000127/fsly-20210708.htm
  HTML page:      https://secwatch.observer/filing/0001517413-21-000127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer