Cloudflare, Inc. (NYSE:NET) Director Sells $677,256.25 in Stock

Cloudflare, Inc. is a leading provider of cloud-based security and performance services for websites and applications. The company was founded in 2010 by Matthew Prince, Michelle Zhang, and Dustin Singleton, and is headquartered in San Francisco, California.

Maria S. Eitel is the Director of NYSENET at Cloudflare, Inc. She has been with the company since 2013 and has over 25 years of experience in the technology industry. Prior to joining Cloudflare, she worked as a Senior Vice President at IBM and as a Vice President at Cisco Systems.

On February 29th, Maria S. Eitel sold 6,875 shares of Cloudflare stock in a transaction with an average price of $98.51. The total transaction value was $677,256.25. After the sale, she now owns 23,513 shares of Cloudflare stock, valued at approximately $2,204,243.

It's worth noting that insider trading is subject to strict regulations and oversight by regulatory bodies such as the Securities and Exchange Commission (SEC) in the United States. Any insider trading activity must be disclosed to the public and is subject to approval from the SEC.