Starzak Alissa Michelle sold $705K of NET
Starzak Alissa Michelle (Chief Legal Officer) sold 3,264 shares of Cloudflare, Inc. (NET) at $216.12 ($0.71M total) on 2026-05-28 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
This disclosure updates the record of insider activity but does not, by itself, imply a change in Cloudflare’s near-term fundamentals.
Market read
Traders may briefly reassess sentiment around insider activity, but the 10b5-1 framing reduces the likelihood of a sustained price reaction.
What to watch
The article provides only one officer sale size and does not indicate whether multiple insiders are selling concurrently or whether there are offsetting buys.
Background
The SEC Form 4 reports insider transactions in the issuer’s own stock; a 10b5-1 plan indicates the sale was scheduled in advance.
Ticker impact
Cloudflare CLO Alissa Starzak sold 3,264 shares in an open-market transaction under a pre-arranged 10b5-1 plan, disclosed via Form 4.
Likely limited near-term impact; any reaction should be muted unless accompanied by other material news.
The filing is a routine, pre-arranged 10b5-1 sale by an officer, with no accompanying company-specific operational or financial catalyst stated.
Market effects
Minimal; this is company-specific insider transaction disclosure with no stated sector-wide development.
Minimal; no geographic or macro linkage beyond US-listed issuer disclosure.
Minimal; no international transaction or regulatory action described.
Counterpoint
Even 10b5-1 sales can coincide with periods of perceived valuation risk; traders may watch for follow-on selling patterns.
Key entities
- issuerCloudflare, Inc.
US-listed company whose officer transaction was disclosed on SEC Form 4.
- insiderAlissa Michelle Starzak
Chief Legal Officer who sold shares under a pre-arranged 10b5-1 plan.
