CRO Ryan Norris sells 31,273 shares across 2 transactions (Feb 20–24) for $959,290.86; follows bullish 90-day rally (+40.3%)
Ryan Norris, Chief Revenue Officer, executed 2 separate sales totaling 31,273 shares for $959,290.86, reducing his holdings by 8.0%. The sales occurred on 2026-02-20 at $30.70 and 2026-02-24 at $30.66, near current price ($30.62) and well within the 52-week range ($15.91–$33.23). His prior trades at CFLT show strong timing: 2 of 2 prior sales were well-timed at the 90-day mark, and the stock has rallied 40.3% over the past 90 days. However, the company remains unprofitable (full-year net income $-66,504,000.00) despite solid revenue growth of 21.1% year-over-year. The sale represents a modest reduction relative to his remaining post-transaction holdings (358,890 shares), and the timing relative to the recent 90-day bull run raises questions about conviction near recent highs.