.jpg)
Fastly, Inc., a leading edge cloud platform provider, has announced a significant equity award to its Chief Financial Officer, Richard Wong, to bolster leadership and drive innovation in its global operations. This move aligns with Fastly’s commitment to attracting top talent to enhance its edge computing and cloud services.
Fastly, Inc. grants 1,130,323 restricted stock units (RSUs) to CFO Richard Wong.
Award approved on September 3, 2025, under NYSE Listing Rule 303A.08.
RSUs vest over four years, starting August 15, 2026, ensuring long-term commitment.
Granted via Fastly’s 2025 Employment Inducement Incentive Plan.
Aims to strengthen leadership for edge cloud platform innovation.
Fastly continues to empower brands like Reddit and SeatGeek with fast, secure digital experiences.
On September 3, 2025, Fastly, Inc.’s Compensation Committee approved a time-based restricted stock unit (RSU) award for its Chief Financial Officer, Richard Wong. The award covers 1,130,323 shares of Fastly’s Class A common stock, demonstrating the company’s focus on retaining high-caliber leadership to advance its edge cloud platform. This grant aligns with Fastly’s strategy to drive innovation in edge computing, security, and observability solutions for global brands.
The RSU award was issued under Fastly’s 2025 Employment Inducement Incentive Plan, designed specifically for new employees. The vesting schedule spans four years, with 25% of the RSUs vesting on August 15, 2026, followed by 6.25% vesting quarterly thereafter, fully vesting by August 15, 2029, contingent on Wong’s continued service. This structure incentivizes long-term commitment and aligns with Fastly’s growth objectives in the competitive edge cloud market.
The RSU award complies with NYSE Listing Rule 303A.08, which governs inducement awards to attract key talent. This strategic grant underscores Fastly’s intent to bolster its financial leadership as it continues to scale its edge cloud platform, known for powering fast and secure digital experiences for organizations like Reddit, Neiman Marcus, and SeatGeek.
Fastly’s decision to grant this substantial RSU award to Richard Wong reflects its ongoing efforts to strengthen its leadership team. By aligning executive incentives with long-term company goals, Fastly aims to maintain its position as a leader in edge computing, delivering innovative solutions that enhance site performance and security for businesses worldwide.
Fastly’s powerful and programmable edge cloud platform helps the world’s top brands deliver online experiences that are fast, safe, and engaging through edge compute, delivery, security, and observability offerings that improve site performance, enhance security, and empower innovation at global scale. Compared to other providers, Fastly’s powerful, high-performance, and modern platform architecture empowers developers to deliver secure websites and apps with rapid time-to-market and demonstrated, industry-leading cost savings. Organizations around the world trust Fastly to help them upgrade the internet experience, including Reddit, Neiman Marcus, Universal Music Group, and SeatGeek.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.