Two Cloudflare insiders sold $5.3 million of stock in one day
The CFO and a director sold on Oct. 19, but both sales ran under trading plans adopted months earlier, in November 2025 and February 2026.
On Oct. 19, 2026, two Cloudflare insiders sold stock on the same day: chief financial officer Thomas Seifert and director Carl Ledbetter. Together the sales came to roughly $5.3 million. Headlines like that tend to read as a warning. The filings say something more specific.
Start with the numbers. According to Seifert's Form 4, with a trade date of Oct. 19 and a filing date of Oct. 19, he…
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