NET.NYSECloudflare, INC
Form 4: Cloudflare CFO Sells Shares
Sentiment:
Insider Transaction (Form 4)
Thomas J Seifert, Chief Financial Officer of Cloudflare, Inc., sold 10,000 shares of common stock on September 17, 2026.
Summary
- Conversion of derivative: acquired 10,000 Class A Common Stock on September 17, 2026; holds 117,902 after (Direct).
- Open-market sale: disposed of 100 Class A Common Stock at $318.90 ($31,890) on September 17, 2026; holds 117,802 after (Direct).
- Open-market sale: disposed of 100 Class A Common Stock at $320.89 ($32,089) on September 17, 2026; holds 117,702 after (Direct).
- Open-market sale: disposed of 100 Class A Common Stock at $326.56 ($32,656) on September 17, 2026; holds 117,602 after (Direct).
- Open-market sale: disposed of 300 Class A Common Stock at $328.04 ($98,412) on September 17, 2026; holds 117,302 after (Direct).
- Open-market sale: disposed of 700 Class A Common Stock at $329.37 ($230,561) on September 17, 2026; holds 116,602 after (Direct).
- Open-market sale: disposed of 700 Class A Common Stock at $330.23 ($231,159) on September 17, 2026; holds 115,902 after (Direct).
- Open-market sale: disposed of 1,196 Class A Common Stock at $331.59 ($396,581) on September 17, 2026; holds 114,706 after (Direct).
- Open-market sale: disposed of 1,604 Class A Common Stock at $332.50 ($533,330) on September 17, 2026; holds 113,102 after (Direct).
- Open-market sale: disposed of 2,632 Class A Common Stock at $333.62 ($878,080) on September 17, 2026; holds 110,470 after (Direct).
- Open-market sale: disposed of 1,868 Class A Common Stock at $334.59 ($625,015) on September 17, 2026; holds 108,602 after (Direct).
- Open-market sale: disposed of 600 Class A Common Stock at $335.32 ($201,192) on September 17, 2026; holds 108,002 after (Direct).
- Open-market sale: disposed of 100 Class A Common Stock at $336.51 ($33,651) on September 17, 2026; holds 107,902 after (Direct).
- Option exercise/conversion: disposed of 10,000 Employee Stock Option (right to buy) on September 17, 2026 (Direct).
- Option exercise/conversion: acquired 10,000 Class B Common Stock on September 17, 2026; holds 18,925 after (Direct).
- Conversion of derivative: disposed of 10,000 Class B Common Stock on September 17, 2026; holds 8,925 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $3,324,617 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Thomas J Seifert — Officer (Chief Financial Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-17 | Conversion of derivative | Class A Common Stock | 10,000 | — | — | 117,902 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 100 | $319 | $31.9K | 117,802 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 100 | $321 | $32.1K | 117,702 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 100 | $327 | $32.7K | 117,602 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 300 | $328 | $98.4K | 117,302 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 700 | $329 | $230.6K | 116,602 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 700 | $330 | $231.2K | 115,902 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 1,196 | $332 | $396.6K | 114,706 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 1,604 | $333 | $533.3K | 113,102 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 2,632 | $334 | $878.1K | 110,470 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 1,868 | $335 | $625.0K | 108,602 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 600 | $335 | $201.2K | 108,002 |
| 2026-09-17 | Open-market sale | Class A Common Stock | 100 | $337 | $33.7K | 107,902 |
| 2026-09-17 | Option exercise/conversion | Employee Stock Option (right to buy) | 10,000 | — | — | 0 |
| 2026-09-17 | Option exercise/conversion | Class B Common Stock | 10,000 | — | — | 18,925 |
| 2026-09-17 | Conversion of derivative | Class B Common Stock | 10,000 | — | — | 8,925 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-17 | Conversion of derivative (10,000 shares) |
| 2026-09-17 | Open-market sale (100 shares) |
| 2026-09-17 | Open-market sale (100 shares) |
| 2026-09-17 | Open-market sale (100 shares) |
| 2026-09-17 | Open-market sale (300 shares) |
| 2026-09-17 | Open-market sale (700 shares) |
| 2026-09-17 | Open-market sale (700 shares) |
| 2026-09-17 | Open-market sale (1,196 shares) |
| 2026-09-17 | Open-market sale (1,604 shares) |
| 2026-09-17 | Open-market sale (2,632 shares) |
| 2026-09-17 | Open-market sale (1,868 shares) |
| 2026-09-17 | Open-market sale (600 shares) |
| 2026-09-17 | Open-market sale (100 shares) |
| 2026-09-17 | Option exercise/conversion (10,000 shares) |
| 2026-09-17 | Option exercise/conversion (10,000 shares) |
| 2026-09-17 | Conversion of derivative (10,000 shares) |
Keywords
insider transaction, Form 4, NET, Cloudflare, Inc., bearish, Thomas J Seifert
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