Michelle Zatlyn, President and Board Co-Chair at Cloudflare, Inc. (NET), sold 140,436 shares at $206.37 ($29.0M) on 2025-12-11, disclosed to the SEC on 2025-12-11.
Scheduled sale ($29.0M) by President and Board Co-Chair under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $204.80 | 13,410 | $2.7M | 9.5% |
| 2 | $205.44 | 10,883 | $2.2M | 7.7% |
| 3 | $205.44 | 10,883 | $2.2M | 7.7% |
| 4 | $206.27 | 1,348 | $278K | 1.0% |
| 5 | $206.27 | 1,348 | $278K | 1.0% |
| 6 | $205.45 | 12,149 |
| $2.5M |
| 8.6% |
| 7 | $205.45 | 12,149 | $2.5M | 8.6% |
| 8 | $206.28 | 12,953 | $2.7M | 9.2% |
| 9 | $206.28 | 12,953 | $2.7M | 9.2% |
| 10 | $207.15 | 539 | $112K | 0.4% |
| 11 | $207.15 | 539 | $112K | 0.4% |
| 12 | $206.37 | 2,074 | $428K | 1.5% |
| 13 | $206.37 | 2,074 | $428K | 1.5% |
| 14 | $207.44 | 2,268 | $470K | 1.6% |
| 15 | $207.44 | 2,268 | $470K | 1.6% |
| 16 | $208.54 | 13,937 | $2.9M | 10.0% |
| 17 | $208.54 | 13,937 | $2.9M | 10.0% |
| 18 | $209.45 | 4,591 | $962K | 3.3% |
| 19 | $209.45 | 4,591 | $962K | 3.3% |
| 20 | $210.25 | 2,771 | $583K | 2.0% |
| 21 | $210.25 | 2,771 | $583K | 2.0% |
| Total | $206.72 avg | 140,436 | $29.0M | 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 → |