sellModerate cluster of 310b5-1 plan
Michelle Zatlyn sold $28M of NET
PRESIDENT & BOARD CO-CHAIR at Cloudflare, Inc.. 99,009 shares at an average of $279.34, traded Sep 3, 2026, filed Sep 8, 2026.
Warning score
45Value
$28M
99,009 shares
Holdings after
69,775
-96% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet
Score components
- +20RolePresident
- +25Trade size$27.7M at market
- +20Share of holdings soldSold 96% of holdings
- +15Cluster3 insiders selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
NETOct 9, 2026 · close 360.93
Since filing Sep 8, 2026: +27.0%SPY +1.9% · excess +25.1%
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001786951-26-000023, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Sep 3, 2026 | CConversion Class A Common Stockindirect: See footnote10b5-1 | +33,003 | - | - | 102,778 | 33 d ago |
| Sep 3, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -7,203 | $276.79 | $2.0M | 95,575 | 33 d ago |
| Sep 3, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -7,273 | $277.79 | $2.0M | 88,302 | 33 d ago |
| Sep 3, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -5,396 | $278.92 | $1.5M | 82,906 | 33 d ago |
| Sep 3, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -4,744 | $279.77 | $1.3M | 78,162 | 33 d ago |
| Sep 3, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -6,177 | $281.07 | $1.7M | 71,985 | 33 d ago |
| Sep 3, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -2,210 | $281.73 | $623k | 69,775 | 33 d ago |
| Sep 4, 2026 | CConversion Class A Common Stockindirect: See footnote10b5-1 | +33,003 | - | - | 102,778 | 33 d ago |
| Sep 4, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -2,753 | $279.73 | $770k | 100,025 | 33 d ago |
| Sep 4, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -7,843 | $281.02 | $2.2M | 92,182 | 33 d ago |
| Sep 4, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -17,603 | $281.93 | $5.0M | 74,579 | 33 d ago |
| Sep 4, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -4,804 | $282.87 | $1.4M | 69,775 | 33 d ago |
| Sep 8, 2026 | CConversion Class A Common Stockindirect: See footnote10b5-1 | +33,003 | - | - | 102,778 | 33 d ago |
| Sep 8, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -1,713 | $272.41 | $467k | 101,065 | 33 d ago |
| Sep 8, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -2,428 | $273.09 | $663k | 98,637 | 33 d ago |
| Sep 8, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -2,202 | $274.39 | $604k | 96,435 | 33 d ago |
| Sep 8, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -1,387 | $276.58 | $384k | 95,048 | 33 d ago |
| Sep 8, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -4,823 | $277.53 | $1.3M | 90,225 | 33 d ago |
| Sep 8, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -14,961 | $278.48 | $4.2M | 75,264 | 33 d ago |
| Sep 8, 2026 | SOpen-market sale Class A Common Stockindirect: See footnote10b5-1 | -5,489 | $279.41 | $1.5M | 69,775 | 33 d ago |
| Sep 3, 2026 | MOption exercise Employee Stock Option (right to buy)derivative10b5-1 | -33,003 | $0.00 | $0 | 1,056,096 | 33 d ago |
| Sep 3, 2026 | MOption exercise Class B Common Stockderivative10b5-1 | +33,003 | $0.00 | $0 | 33,003 | 33 d ago |
| Sep 3, 2026 | CConversion Class B Common Stockderivative10b5-1 | -33,003 | $0.00 | $0 | 0 | 33 d ago |
| Sep 4, 2026 | MOption exercise Employee Stock Option (right to buy)derivative10b5-1 | -33,003 | $0.00 | $0 | 1,023,093 | 33 d ago |
| Sep 4, 2026 | MOption exercise Class B Common Stockderivative10b5-1 | +33,003 | $0.00 | $0 | 33,003 | 33 d ago |
| Sep 4, 2026 | CConversion Class B Common Stockderivative10b5-1 | -33,003 | $0.00 | $0 | 0 | 33 d ago |
| Sep 8, 2026 | MOption exercise Employee Stock Option (right to buy)derivative10b5-1 | -33,003 | $0.00 | $0 | 990,090 | 33 d ago |
| Sep 8, 2026 | MOption exercise Class B Common Stockderivative10b5-1 | +33,003 | $0.00 | $0 | 33,003 | 33 d ago |
| Sep 8, 2026 | CConversion Class B Common Stockderivative10b5-1 | -33,003 | $0.00 | $0 | 0 | 33 d ago |
Related signals
Other insiders at Cloudflare, Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 38Weak | Cloudflare, Inc. | Michelle Zatlyn President and Board Co-Chair | $35M 99,009 shares | -96% | |
| 35Weak | Cloudflare, Inc. | Carl Ledbetter director | $1.8M 5,000 shares | -1% | |
| 27Weak | Cloudflare, Inc. | Thomas J Seifert Chief Financial Officer | $3.3M 10,000 shares | -8% | |
| 35Weak | Cloudflare, Inc. | Carl Ledbetter director | $1.6M 5,000 shares | -1% | |
| 45Moderate | Cloudflare, Inc. | Michelle Zatlyn President and Board Co-Chair | $9.6M 76,920 shares | -375% | |
| 27Weak | Cloudflare, Inc. | Thomas J Seifert CHIEF FINANCIAL OFFICER | $1.2M 10,000 shares | -3% | |
| 65Notable | Cloudflare, Inc. | Matthew Prince CEO & Board Co-Chair | $18M 157,152 shares | -300% | |
| 26Weak | Cloudflare, Inc. | Douglas James Kramer Chief Legal Officer | $420k 3,000 shares | -1% | |
| 27Weak | Cloudflare, Inc. | Thomas J Seifert Chief Financial Officer | $2.1M 15,000 shares | -5% | |
| 65Notable | Cloudflare, Inc. | Matthew Prince CEO & Board Co-Chair | $23M 157,152 shares | -300% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.