$NET

Starzak Alissa Michelle sold $972K of NET

Starzak Alissa Michelle (Chief Legal Officer) sold 4,520 shares of Cloudflare, Inc. (NET) at $215.01 ($0.97M total) on 2026-05-28 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Starzak Alissa Michelle
Published Jun 1, 2026, 11:15 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jun 1, 2026, 11:16 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$NET
Neutral
high confidence
Mentioned
$NET
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$NETNeutralLow
01

Why it matters

The disclosure provides ownership-change data but no new company-specific fundamental catalyst.

02

Market read

Traders may note the sale for positioning/flow context, but it is unlikely to drive a sustained repricing absent other catalysts.

03

What to watch

The filing doesn’t specify motivations; without context on total insider holdings/trading frequency, directional inference is weak.

Relevance 6/10Novelty 3/10Timing: Disclosure filed June 1, covering a May 28 sale

Background

This is an SEC Form 4 insider transaction for Cloudflare, reported as an open-market sale by the Chief Legal Officer under a pre-arranged 10b5-1 plan.

Company-level read

Ticker impact

$NETNeutralHigh confidence
Context

Cloudflare CLO Alissa Starzak sold $971,852 of NET shares via an open-market sale under a pre-arranged 10b5-1 plan.

Expected impact

Limited near-term impact; any move is more likely noise than a fundamental repricing catalyst.

Evidence & confidence

The filing is a routine insider transaction with explicit 10b5-1 pre-arrangement, reducing interpretive value versus unscheduled sales.

Market effects

Minimal; single-company insider transaction without accompanying operational/regulatory news.

None indicated.

None indicated.

Counterpoint

Even with 10b5-1, repeated insider selling can coincide with internal risk management or tax planning; monitor for additional unscheduled sales.

Key entities

  • Cloudflare, Inc.

    NET insider transaction disclosed via SEC Form 4 (open-market sale under 10b5-1).

  • Alissa Michelle Starzak

    Chief Legal Officer who sold 4,520 shares on May 28, 2026.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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