$NET

Starzak Alissa Michelle sold $276K of NET

Starzak Alissa Michelle (Chief Legal Officer) sold 1,296 shares of Cloudflare, Inc. (NET) at $213.30 ($0.28M 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
medium 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 confirms an open-market sale of 1,296 shares at $213.30 on May 28, with holdings after transaction of 133,342 shares.

02

Market read

Traders may monitor for follow-on insider activity, but this specific filing is unlikely to drive a fundamental repricing.

03

What to watch

10b5-1 plans reduce interpretability; the key is whether future filings show repeated sales outside scheduled windows or larger-than-usual volumes.

Relevance 6/10Novelty 3/10Timing: Filed June 1, after the May 28 sale under a 10b5-1 plan

Background

The article is an SEC Form 4 insider transaction disclosure for Cloudflare’s Chief Legal Officer.

Company-level read

Ticker impact

$NETNeutralMedium confidence
Context

Cloudflare CLO Alissa Starzak sold $276K of NET shares via an open-market transaction under a pre-arranged 10b5-1 plan.

Expected impact

Likely limited, short-lived impact; treat as routine 10b5-1 disclosure unless follow-on selling accelerates.

Evidence & confidence

The filing specifies a pre-arranged 10b5-1 plan and a single officer’s sale size ($276K), which historically has weaker causal linkage to near-term price than earnings/guidance events.

Market effects

Minimal; this is company-specific insider disclosure without sector-wide catalyst.

None indicated.

None indicated.

Counterpoint

If this is part of a broader pattern of officer sales (not shown here), it could modestly raise perceived execution/valuation risk.

Key entities

  • Cloudflare, Inc.

    Subject of the SEC Form 4 insider transaction disclosure.

  • Alissa Michelle Starzak

    Chief Legal Officer who sold shares under a pre-arranged 10b5-1 plan.

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