Skip to content
sellWeak cluster of 510b5-1 plan

Katrin Suder sold $406k of NET

director at Cloudflare, Inc.. 2,031 shares at an average of $200.00, traded Dec 22, 2025, filed Dec 23, 2025.

Warning score
26
Value
$406k
2,031 shares
Holdings after
37,723
-5% from before
From 52-week low
+108%
low $97.08, close $202.06
From 52-week high
-20%
high $253.30, as of Dec 22, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $406k at market
    +16
  • Share of holdings sold
    Sold 5.1% of holdings
    0
  • Cluster
    5 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 23, 2025: +78.6%SPY +14.1% · excess +64.6%

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 0001786926-25-000005, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 22, 2025SOpen-market sale
Class A Common Stock10b5-1
-2,031$200.00$406k37,723Dec 23, 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%
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%
65Notable
NETsell 710b5-1
Cloudflare, Inc.
Matthew Prince
CEO & Board Co-Chair
$32M
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.