Trade Summary
3 days ago, Prince Matthew, serving as CEO, Board Co-Chair, 10% owner at Cloudflare, Inc. (NET), sold 157,152 shares at $169.01 per share, for a total transaction value of $26,559,683.00. Following this transaction, Prince Matthew now holds 429,722 shares of NET.
This sale represents a 27.00% decrease in Prince Matthew's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, February 24, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, February 26, 2026, 2 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.