Summary by Moomoo AI
Cloudflare, Inc. officer Douglas Kramer is set to sell 3,000 shares of common stock on April 1, 2024, with an aggregate market value of $291,480. The shares were acquired on the same day through the exercise of stock options, with the transaction involving a cash payment to the issuer. This planned sale follows a series of transactions over the past three months where Kramer sold a total of 15,000 shares, generating gross proceeds of $1,442,490. The notice of the upcoming sale was filed on April 1, 2024, with the plan for this transaction having been adopted on November 29, 2023.