{
  "id": 15672039,
  "title": "Cloudflare director Carl Ledbetter sells $1.52m in stock",
  "url": "https://urgent.news/2026/10/19/cloudflare-director-carl-ledbetter-sells-1-52m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T23:31:15.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/cloudflare-director-carl-ledbetter-sells-152m-in-stock-93CH-4958521"
  },
  "original_language": "en",
  "account": "On October 19, 2026, Carl Ledbetter, a director at Cloudflare, Inc., sold 5,000 shares of the company's Class A common stock, generating a total of $1,521,993. The shares were sold at prices between $303.015 and $306.065 per share, as part of a Rule 10b5-1 trading plan initiated by Ledbetter on February 25, 2026. This insider sale occurred amidst Cloudflare's stock experiencing considerable volatility, falling 15% in the preceding week while still rising 48% over the past six months. According to InvestingPro, the stock seems overvalued relative to its Fair Value, with the company boasting a market capitalization of $105.5 billion and robust revenue growth of 34%. Ledbetter indirectly owns 868,073 shares of Cloudflare Class A common stock through the trust, which he manages as a trustee. Following these transactions, Ledbetter indirectly holds 868,073 shares of Cloudflare Class A common stock via the trust.",
  "summary": null,
  "key_points": [
    "Carl Ledbetter sold 5,000 Cloudflare shares for $1.52m",
    "Sale executed via Rule 10b5-1 plan since Feb 2026",
    "Cloudflare stock volatile, down 15% weekly, up 48% yearly"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Cloudflare CFO Thomas Seifert sells $3.7m in company stock",
        "url": "https://urgent.news/2026/10/19/cloudflare-cfo-thomas-seifert-sells-3-7m-in-company-stock",
        "published": "2026-10-19T23:31:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}