NET - Cloudflare, Inc.

Insider Sale by Ledbetter Carl (Dir)

1 Month
After Trade
Before Trade

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Trade Summary

5 days ago, Ledbetter Carl, serving as Dir at Cloudflare, Inc. (NET), sold 15,000 shares at $227.05 per share, for a total transaction value of $3,405,750.00. Following this transaction, Ledbetter Carl now holds 938,073 shares of NET.

This sale represents a 2.00% decrease in Ledbetter Carl's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, March 18, 2026 and publicly disclosed via SEC Form 4 filing on Friday, March 20, 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.

Ledbetter Carl

Ledbetter Carl

Dir

Carl S. Ledbetter is a seasoned technology executive and venture capitalist serving as an Independent Director at Cloudflare, Inc. (NET) since November 2009, where he contributes to the audit, nominating and corporate governance (as Chair), and compensation committees.[[1]](https://theorg.com/org/cloudflare/org-chart/carl-ledbetter)[[2]](https://www.marketscreener.com/insider/CARL-LEDBETTER-A2YRAY/)[[3]](https://www.clay.com/dossier/cloudflare-executives) He participated in Cloudflare's Series A financing in 2009 through Pelion Venture Partners and holds a significant ownership stake as a director and 10% owner, with recent insider trading activity reported.[[4]](https://www.cloudflare.com/our-story/)[[5]](https://www.insidertrades.com/cloudflare-inc-stock/carl-ledbetter-1/)[[6]](https://www.gurufocus.com/insider/129327/carl-ledbetter) Currently, he is Chairman, CEO, and CTO of SimpleRose, Inc., a software company he founded in 2018 providing decision-making optimization platforms.[[1]](https://theorg.com/org/cloudflare/org-chart/carl-ledbetter)[[2]](https://www.marketscreener.com/insider/CARL-LEDBETTER-A2YRAY/) Ledbetter's career spans executive leadership at major tech firms including CEO of Hybrid Networks (1996-1999) and ETA Systems (1986-1989), General Manager at IBM (1982-1986), Senior VP at Sun Microsystems (1991-1993) and AT&T Consumer Products (1993-1996), and Senior VP of Engineering at Micro Focus (1999-2003).[[2]](https://www.marketscreener.com/insider/CARL-LEDBETTER-A2YRAY/)[[3]](https://www.clay.com/dossier/cloudflare-executives) He was Managing Director at Pelion Venture Partners from 2003 to 2018 and has served on boards of four other public companies and over 30 private ones, including Conviva and Misapplied Sciences.[[1]](https://theorg.com/org/cloudflare/org-chart/carl-ledbetter)[[2]](https://www.marketscreener.com/insider/CARL-LEDBETTER-A2YRAY/)[[7]](https://foundersuite.com/investors/carl-scotius-ledbetter) Dr. Ledbetter holds a B.S. in Mathematics from the University of Redlands, an M.S. from Brandeis University, and a Ph.D. from Clark University.[[1]](https://theorg.com/org/cloudflare/org-chart/carl-ledbetter)[[2]](https://www.marketscreener.com/insider/CARL-LEDBETTER-A2YRAY/)

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Trade Price

$227.05

Quantity

15,000

Total Value

$3,405,750.00

Shares Owned

938,073

Trade Date

Wednesday, March 18, 2026

5 days ago

SEC Filing Date

Friday, March 20, 2026

Filed 2 days after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Cloudflare, Inc.

Company Overview

No company information available
View news mentioning NET

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