Monitor for additional insider selling in the coming weeks — isolated transactions of this size are routine, but a pattern could signal caution. The exercise without sale suggests continued confidence from one insider.
Price Chart
Executive Summary
Two Cloudflare insiders conducted open-market sales totaling $771K in the past week, with Chief Accounting Officer Riley Janel selling $748.8K worth of shares. A third insider exercised options but did not sell the underlying shares. The total open-market selling represents a small fraction of Cloudflare's $63B market cap.
Key Financial Metrics
Key Facts
- Chief Accounting Officer Riley Janel sold 4,160 shares at $180 for $748,800 in an open-market transaction.
- Hawkins Mark J sold 133 shares at $168.62 for $22,426.46, also in open-market trading.
- Graham-Cumming John exercised options for 2,520 shares at $44.72 but did not sell; this is a non-cash transaction valued at $112,694.4 based on current price.
- Total open-market proceeds: $771,226.46 (~0.0012% of $63B market cap).
Financial Impact
$771K in total open-market sales, representing 0.0012% of Cloudflare's $63B market cap
Risk Factors
- Perception of insider selling may weigh on sentiment if misinterpreted, despite minimal dollar impact.
- Further selling by C-suite executives could escalate concern.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-NET-1772658728128 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | Insider Cluster | $324.65 $352.33 | ▲ +8.53% | ▲ +5.96% | $349.31 (+7.60%) |
Sep 15, 2026 16d ago | Insider Cluster | $324.65 $352.33 | ▲ +8.53% | ▲ +5.96% | $349.31 (+7.60%) |
Sep 2, 2026 4w ago | Court Ruling | $272.74 $311.17 | ▲ +14.09% | ▲ +15.05% | $349.31 (+28.07%) |
Aug 21, 2026 5w ago | Insider Cluster | $280.35 $305.11 | ▲ +8.83% | ▲ +8.36% | $349.31 (+24.60%) |
Aug 19, 2026 6w ago | Insider Cluster | $278.91 $308.23 | ▲ +10.51% | ▲ +9.40% | $349.31 (+25.24%) |
Aug 19, 2026 6w ago | Insider Cluster | $278.91 $308.23 | ▲ +10.51% | ▲ +9.40% | $349.31 (+25.24%) |
Aug 13, 2026 7w ago | 8-K | $315.78 $293.14 | ▼ −7.17% | ▼ −5.80% | $349.31 (+10.62%) |
Aug 11, 2026 7w ago | Insider Cluster | $311.45 $291.88 | ▼ −6.28% | ▼ −5.84% | $349.31 (+12.16%) |
Aug 6, 2026 8w ago | Insider Cluster | $300.27 $315.78 | ▲ +5.17% | ▲ +4.77% | $349.31 (+16.33%) |
Aug 5, 2026 8w ago | Insider Cluster | $284.43 $330.83 | ▲ +16.31% | ▲ +15.10% | $349.31 (+22.81%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access