Summary by Moomoo AI
Cloudflare Inc officer Thomas J Seifert is set to sell 27,901 shares of common stock on 02/20/2024, as per the latest filings. The shares to be sold have an aggregate market value of approximately $2.75 million. Seifert acquired these shares through restricted stock units and the exercise of stock options on 02/15/2024 and 02/20/2024, respectively, with a total of 27,901 shares acquired from the issuer. This transaction follows a series of sales over the past three months, where Seifert sold a total of 175,000 shares, grossing over $15.5 million. The notice of the planned sale was filed on the same day as the sale, with the plan for this transaction having been adopted on 11/29/2022.