Michelle Zatlyn, President and Board Co-Chair at Cloudflare, Inc. (NET), sold 172,506 shares at $191.73 ($33.3M) on 2025-08-21, disclosed to the SEC on 2025-08-25.
Scheduled sale ($33.3M) 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 | $190.87 | 9,328 | $1.8M | 5.3% |
| 2 | $190.87 | 9,328 | $1.8M | 5.3% |
| 3 | $191.73 | 18,947 | $3.6M | 10.9% |
| 4 | $191.73 | 18,947 | $3.6M | 10.9% |
| 5 | $192.78 | 6,567 | $1.3M | 3.8% |
| 6 | $192.78 | 6,567 |
| $1.3M |
| 3.8% |
| 7 | $193.32 | 258 | $50K | 0.1% |
| 8 | $191.20 | 4,666 | $892K | 2.7% |
| 9 | $191.20 | 4,666 | $892K | 2.7% |
| 10 | $192.35 | 5,537 | $1.1M | 3.2% |
| 11 | $192.35 | 5,537 | $1.1M | 3.2% |
| 12 | $193.17 | 5,797 | $1.1M | 3.4% |
| 13 | $193.17 | 5,797 | $1.1M | 3.4% |
| 14 | $194.47 | 4,906 | $954K | 2.9% |
| 15 | $194.47 | 4,906 | $954K | 2.9% |
| 16 | $195.06 | 4,735 | $924K | 2.8% |
| 17 | $195.06 | 4,735 | $924K | 2.8% |
| 18 | $194.69 | 4,484 | $873K | 2.6% |
| 19 | $194.69 | 4,484 | $873K | 2.6% |
| 20 | $195.65 | 16,612 | $3.3M | 9.7% |
| 21 | $195.65 | 16,612 | $3.3M | 9.7% |
| 22 | $196.37 | 4,545 | $893K | 2.7% |
| 23 | $196.37 | 4,545 | $893K | 2.7% |
| Total | $193.32 avg | 172,506 | $33.3M | 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 → |