{"schema_version":"secwatch.filing_event.v1","accession":"0001517413-25-000178","form_type":"8-K","ticker":"FSLY","cik":"0001517413","company_name":"Fastly, Inc.","filed_at":"2025-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.576344+00:00","generated_at":"2026-05-19T06:23:54.105101+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Fastly appoints CPO Kip Compton as CEO; Todd Nightingale steps down June 16","bullets":["CEO Todd Nightingale resigns effective June 16, 2025, to pursue external opportunity; serves as advisor through June 30.","Kip Compton, former Chief Product Officer (since Jan 2024), appointed CEO and Class I director effective June 16.","Compton receives $500K base salary, $5M equity award (min $9/share, 50% RSUs, 35% financial-metric PSUs, 15% TSR PSUs), and $500K target bonus.","Fastly reaffirms Q2 and full-year 2025 financial guidance issued May 7, 2025.","Nightingale's departure not due to any disagreement with company's operations, policies, or practices."],"urls":{"canonical":"https://secwatch.observer/filing/0001517413-25-000178","json":"https://secwatch.observer/filing/0001517413-25-000178.json","markdown":"https://secwatch.observer/filing/0001517413-25-000178.md","text":"https://secwatch.observer/filing/0001517413-25-000178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/fsly-20250613.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T06:23:54.105101+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a0ae0e4b3","claim":"Kip Compton was appointed as Chief Executive Officer at Fastly, Inc..","evidence_excerpt":"On June 14, 2025, the Company appointed Charles (“Kip”) Compton, the Company’s current Chief Product Officer, to serve as the Company’s Chief Executive Officer and as a Class I member of the Board with a term expiring at the Company’s 2026 annual meeting of stockholders, effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"2f8ae4fa81","claim":"Todd Nightingale resigned as Chief Executive Officer and President at Fastly, Inc..","evidence_excerpt":"On June 13, 2025, Todd Nightingale, Chief Executive Officer of Fastly, Inc. (the “Company”), notified the Company of his resignation as Chief Executive Officer and President to pursue another opportunity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"},{"claim_id":"4fba3ca618","claim":"Kip Compton was appointed as Class I Director at Fastly, Inc..","evidence_excerpt":"as a Class I member of the Board with a term expiring at the Company’s 2026 annual meeting of stockholders, effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class I Director"}],"fact_type":"executive_change"},{"claim_id":"997fa1d069","claim":"Todd Nightingale resigned as Director at Fastly, Inc..","evidence_excerpt":"Mr. Nightingale has also resigned as a director on the Company’s board of directors (the “Board”) as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}