Trade Summary
1 week ago, Seifert Thomas J, serving as CFO at Cloudflare, Inc. (NET), sold 41,557 shares at $185.04 per share, for a total transaction value of $7,689,671.00. Following this transaction, Seifert Thomas J now holds 85,452 shares of NET.
This sale represents a 33.00% decrease in Seifert Thomas J's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, February 20, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, February 24, 2026, 4 days after the trade was made.
Cloudflare, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.