Cloudflare President and Board Co-Chair Michelle Zatlyn sold 25,641 shares on April 22, 2026.
The transaction generated approximately $5.36 million in total proceeds.
This sale reduced Zatlyn's holdings in the company by 42.62%.
A separate filing documented an additional sale of 6,578 shares on the same day.
Zatlyn executed the primary sale under a pre-arranged Rule 10b5-1 trading plan.
These plans allow insiders to sell shares at predetermined times to avoid insider trading allegations.