Summary by Moomoo AI
Cloudflare, Inc. officer Douglas Kramer is set to sell 3,000 shares of common stock on 05/01/2024, as per the latest filing. The shares, valued at an aggregate market value of $264,360, were acquired on the same day through the exercise of stock options. The transaction is part of a planned sale that was adopted on 11/29/2023. Over the past three months, Kramer has sold a total of 12,000 shares, generating gross proceeds of $1,250,880. The upcoming sale continues a pattern of regular stock disposals by the officer.