NET Cloudflare, Inc.

NEUTRAL Impact: 3/10 144
Horizon days Filed Mar 27, 2026 Processed 2mo ago SEC 0001958244-26-000176
Form 144 — notice of proposed sale of securities
Latest settled — T+20d ⚠ clustered
NET ▲ +7.13% at T+20d
NEUTRAL call ✓ call won +7.13% · α vs SPY -5.47% · entry $194.63 → $208.50
Next anchor: T+60d in 9d
Last close $228.48 (close Jun 12) · +17.39% from $194.63 entry
Entry anchored
Mar 27, 03:59 PM ET
via Databento tick
T+1d
+6.02%
call +6.02% · α +3.13%
$206.34
settled 3mo ago
T+5d
+11.13%
call +11.13% · α +6.83%
$216.29
settled 2mo ago
T+20d
+7.13%
call +7.13% · α -5.47%
$208.50
settled 7w ago
T+60d
call — · α —
in 9d

Price Chart

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Executive Summary

John Graham-Cumming, a director at Cloudflare, filed a Form 144 to notify intent to sell up to 8,684 shares of common stock, valued at approximately $1.76 million based on recent prices. The shares were acquired through stock options and restricted stock units as part of compensation, with the proposed sales conducted under a Rule 10b5-1 trading plan established in May 2025.

Actionable Insight

This is a planned, pre-arranged sale under a 10b5-1 plan and not necessarily a negative signal; however, traders should monitor for actual execution of sales, particularly around earnings or other catalysts. Given the director-level seller and moderate size, it may contribute to near-term selling pressure if completed in bulk.

Key Facts

  • Reporting owner: John Graham-Cumming, Cloudflare director
  • Number of shares proposed for sale: 8,684
  • Approximate value of shares: $1,763,025.68 (based on $203/share)
  • Shares acquired via: Stock options (8,560) and RSUs (11,244) as compensation
  • Sales to be executed under a Rule 10b5-1 plan established on May 28, 2025
  • Broker: Goldman Sachs & Co. LLC

Financial Impact

$1.76 million in potential insider selling

insider ownershipshare float

Risk Factors

  • Potential for increased selling pressure if shares are sold rapidly
  • Perception of insider sentiment, despite the pre-scheduled nature of the plan

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
68% bullish (40 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001958244-26-000176
Document: 0001958244-26-000176-index.html0001958244-26-000176
Document: 0001958244-26-000176.txt0001958244-26-000176
21 reports for NET
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +30.33%May 31, 2026
Filters
Rows
Reports for NET — sortable, filterable
Type Now
Jun 14, 2026
today
ANALYST-UPGRADE
BULLISH ★ 4/10
$178.60 awaiting T+1awaiting T+1$228.48 (+27.93%)
Jun 8, 2026
6d ago
Insider Cluster
NEUTRAL ★ 2/10
$247.54 awaiting T+1awaiting T+1$228.48 (−7.70%)
Jun 1, 2026
13d ago
Insider Cluster
NEUTRAL ★ 2/10
$272.66 $265.33▼ −2.69%▼ −2.00%$228.48 (−16.20%)
Jun 1, 2026
13d ago
144
NEUTRAL ★ 1/10
$272.66 $265.33▼ −2.69%▼ −2.00%$228.48 (−16.20%)
May 31, 2026
14d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$166.88 $163.05▼ −2.30%▼ −1.07%$228.48 (+36.91%)
May 27, 2026
18d ago
Insider Cluster
NEUTRAL ★ 2/10
$228.11 $241.82▲ +6.01%▲ +5.77%$228.48 (+0.16%)
May 21, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$216.17 $217.54▲ +0.63%▲ +0.05%$228.48 (+5.69%)
May 19, 2026
26d ago
Insider Cluster
NEUTRAL ★ 3/10
$210.13 $212.65▲ +1.20%▲ +1.00%$228.48 (+8.73%)
May 15, 2026
4w ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$190.13 $197.38▲ +3.81%▲ +3.56%$228.48 (+20.17%)
May 1, 2026
6w ago
ANALYST-UPGRADE
MIXED ★ 2/10
$166.88 $163.05▼ −2.30%▼ −1.07%$228.48 (+36.91%)
Showing 10 of 21

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