Form 4: Cloudflare Director Katrin Suder Sells Shares Under 10b5-1 Trading Plan

Katrin Suder, a director at Cloudflare, Inc., sold shares of Class A Common Stock on February 25, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 25, 2025, Katrin Suder, a director of Cloudflare, Inc., sold shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 25, 2024.
• A total of 9,941 shares were sold in multiple transactions at varying weighted average prices.
• The prices ranged from $143.07 to $147.38 per share.
• Following the reported transactions, Suder directly owns 41,221 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, as it simply reports transactions.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for corporate insiders to sell shares under pre-arranged trading plans to avoid accusations of trading on non-public information.

Stakeholder Impact

• The stock sale by a director could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates