Michelle Zatlyn, President and Board Co-Chair at Cloudflare, Inc. (NET), sold 172,724 shares at $183.86 ($31.9M) on 2026-02-19, disclosed to the SEC on 2026-02-23.
Open-market sale of $31.9M NET by President and Board Co-Chair. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $183.86 | 2,341 | $430K | 1.3% |
| 2 | $183.86 | 2,341 | $430K | 1.3% |
| 3 | $184.60 | 5,399 | $997K | 3.1% |
| 4 | $184.60 | 5,399 | $997K | 3.1% |
| 5 | $185.80 | 6,946 | $1.3M | 4.0% |
| 6 | $185.80 | 6,946 |
| $1.3M |
| 4.0% |
| 7 | $186.89 | 9,174 | $1.7M | 5.4% |
| 8 | $186.89 | 9,174 | $1.7M | 5.4% |
| 9 | $187.96 | 2,343 | $440K | 1.4% |
| 10 | $187.96 | 2,343 | $440K | 1.4% |
| 11 | $188.64 | 463 | $87K | 0.3% |
| 12 | $188.64 | 463 | $87K | 0.3% |
| 13 | $190.30 | 1,208 | $230K | 0.7% |
| 14 | $190.30 | 1,208 | $230K | 0.7% |
| 15 | $191.42 | 2,401 | $460K | 1.4% |
| 16 | $191.42 | 2,401 | $460K | 1.4% |
| 17 | $192.32 | 4,637 | $892K | 2.8% |
| 18 | $192.32 | 4,637 | $892K | 2.8% |
| 19 | $193.11 | 168 | $32K | 0.1% |
| 20 | $193.11 | 168 | $32K | 0.1% |
| 21 | $190.77 | 746 | $142K | 0.4% |
| 22 | $190.77 | 746 | $142K | 0.4% |
| 23 | $191.76 | 7,953 | $1.5M | 4.8% |
| 24 | $191.76 | 7,953 | $1.5M | 4.8% |
| 25 | $192.73 | 9,496 | $1.8M | 5.7% |
| 26 | $192.73 | 9,496 | $1.8M | 5.7% |
| 27 | $193.71 | 7,446 | $1.4M | 4.5% |
| 28 | $193.71 | 7,446 | $1.4M | 4.5% |
| 29 | $172.07 | 9,564 | $1.6M | 5.2% |
| 30 | $172.07 | 9,564 | $1.6M | 5.2% |
| 31 | $173.01 | 13,259 | $2.3M | 7.2% |
| 32 | $173.01 | 13,259 | $2.3M | 7.2% |
| 33 | $173.97 | 2,818 | $490K | 1.5% |
| 34 | $173.97 | 2,818 | $490K | 1.5% |
| Total | $184.61 avg | 172,724 | $31.9M | 100% |
| Filing → |
| NET | SELL | 2026-08-21 | $28.3M | — | Filing → |
| NET | SELL | 2026-07-15 | $27.4M | — | Filing → |
| NET | SELL | 2026-06-18 | $17.6M | — | Filing → |