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SEC EDGARJUN 11 min read$NET

Starzak Alissa Michelle sold $3.5M of NET

Starzak Alissa Michelle (Chief Legal Officer) sold 16,243 shares of Cloudflare, Inc. (NET) at an average of $216.15 ($213.30–$218.13, $3.51M total) across 5 trades 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 Sep 28, 2026, 4:04 AM 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.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$NET
Bearish
medium confidence
Mentioned
$NET
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$NETBearishLow
01

Why it matters

The filing provides fresh data on insider holdings, which some traders use to gauge sentiment.

02

Market read

New insider sale information for Cloudflare; modest relevance for short‑term traders.

03

What to watch

The 10b5‑1 plan indicates the transaction was pre‑scheduled, reducing the informational value of the sale.

Relevance 5/10Novelty 5/10Timing: after-hours filing

Background

SEC Form 4 filing discloses insider transactions for public companies.

Company-level read

Ticker impact

$NETBearishMedium confidence
Context

Chief Legal Officer sold 16,243 shares for $3.51M via a 10b5‑1 plan on 2026‑05‑28

Expected impact

likely pressure as the market prices in the insider sell

Evidence & confidence

The sale size ($3.5M) is material for an insider but not large enough to drive a sharp move; investors may view it as a neutral to slightly negative signal.

Market effects

Sector

Minimal impact on the broader cybersecurity sector.

Regional

No significant regional effect.

Global

Limited to investors tracking insider activity.

Counterpoint

What could challenge this read

The sale could be routine portfolio rebalancing under a pre‑arranged plan, not a negative signal.

Key entities

  • Company
    Cloudflare, Inc.

    Cybersecurity and web performance services provider.

  • Person
    Starzak Alissa Michelle

    Chief Legal Officer of Cloudflare.

Read at source← All news

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.

NET insider trading history →

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