Skip to content
sellNotable cluster of 710b5-1 plan

Matthew Prince sold $32M of NET

CEO & Board Co-Chair at Cloudflare, Inc.. 157,152 shares at an average of $202.36, traded Dec 3, 2025, filed Dec 5, 2025.

Warning score
65
Value
$32M
157,152 shares
Holdings after
0
-300% from before
From 52-week low
+111%
low $97.08, close $204.35
From 52-week high
-19%
high $253.30, as of Dec 3, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $31.8M at market
    +25
  • Share of holdings sold
    Sold 100% of holdings
    +20
  • Cluster
    7 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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 Dec 5, 2025: +79.6%SPY +14.8% · excess +64.8%

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 0001104659-25-118984, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 3, 2025CConversion
Class A Common Stockindirect: See footnote10b5-1
+30,209--52,384Dec 5, 2025
Dec 3, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-1,412$198.80$281k50,972Dec 5, 2025
Dec 3, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-7,712$199.69$1.5M43,260Dec 5, 2025
Dec 3, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-6,151$200.71$1.2M37,109Dec 5, 2025
Dec 3, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-5,944$201.73$1.2M31,165Dec 5, 2025
Dec 3, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-15,448$202.72$3.1M15,717Dec 5, 2025
Dec 3, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-10,504$203.71$2.1M5,213Dec 5, 2025
Dec 3, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-5,213$204.41$1.1M0Dec 5, 2025
Dec 4, 2025CConversion
Class A Common Stockindirect: See footnote10b5-1
+52,384--52,384Dec 5, 2025
Dec 4, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-4,368$201.42$880k48,016Dec 5, 2025
Dec 4, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-4,780$202.15$966k43,236Dec 5, 2025
Dec 4, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-11,441$203.34$2.3M31,795Dec 5, 2025
Dec 4, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-27,251$204.20$5.6M4,544Dec 5, 2025
Dec 4, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-4,544$205.02$932k0Dec 5, 2025
Dec 5, 2025CConversion
Class A Common Stockindirect: See footnote10b5-1
+52,384--52,384Dec 5, 2025
Dec 5, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-30,529$200.13$6.1M21,855Dec 5, 2025
Dec 5, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-3,269$200.99$657k18,586Dec 5, 2025
Dec 5, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-6,490$202.22$1.3M12,096Dec 5, 2025
Dec 5, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-6,232$203.02$1.3M5,864Dec 5, 2025
Dec 5, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-5,668$204.11$1.2M196Dec 5, 2025
Dec 5, 2025SOpen-market sale
Class A Common Stockindirect: See footnote10b5-1
-196$204.68$40k0Dec 5, 2025
Dec 3, 2025CConversion
Class B Common Stockderivativeindirect: See footnote10b5-1
-30,209$0.00$05,295,386Dec 5, 2025
Dec 4, 2025CConversion
Class B Common Stockderivativeindirect: See footnote10b5-1
-52,384$0.00$05,243,002Dec 5, 2025
Dec 5, 2025CConversion
Class B Common Stockderivativeindirect: See footnote10b5-1
-52,384$0.00$05,190,618Dec 5, 2025

Related signals

Other insiders at Cloudflare, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
38Weak
NETsell 210b5-1
Cloudflare, Inc.
Michelle Zatlyn
President and Board Co-Chair
$35M
99,009 shares
-96%
35Weak
NETsell 310b5-1
Cloudflare, Inc.
Carl Ledbetter
director
$1.8M
5,000 shares
-1%
27Weak
NETsell 310b5-1
Cloudflare, Inc.
Thomas J Seifert
Chief Financial Officer
$3.3M
10,000 shares
-8%
35Weak
NETsell 310b5-1
Cloudflare, Inc.
Carl Ledbetter
director
$1.6M
5,000 shares
-1%
45Moderate
NETsell 310b5-1
Cloudflare, Inc.
Michelle Zatlyn
PRESIDENT & BOARD CO-CHAIR
$28M
99,009 shares
-96%
35Weak
NETsell 410b5-1
Cloudflare, Inc.
Carl Ledbetter
director
$1.8M
8,866 shares
-1%
27Weak
NETsell 510b5-1
Cloudflare, Inc.
Thomas J Seifert
Chief Financial Officer
$2.0M
10,000 shares
-7%
26Weak
NETsell 510b5-1
Cloudflare, Inc.
Katrin Suder
director
$406k
2,031 shares
-5%
13Weak
NETsell 810b5-1
Cloudflare, Inc.
John Graham-Cumming
director
$502k
2,520 shares
-1%
45Moderate
NETsell 710b5-1
Cloudflare, Inc.
Michelle Zatlyn
President and Board Co-Chair
$16M
76,923 shares
-153%

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.