SEC Form 4 · accession 0002128025-26-000013
Cloudflare, Inc. · NET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alissa Michelle Starzak
Officer — Chief Legal Officer
Period of report
Aug 17, 2026
Accepted (ET)
Aug 19, 2026 · 5:42 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001477333
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Aug 17, 2026 | M | 3,333 | $77.70 | A | 117,953 | D | |
| Class A Common StockF2 | Aug 17, 2026 | S | 965 | $307.5483 | D | 116,988 | D | |
| Class A Common StockF3 | Aug 17, 2026 | S | 585 | $308.6578 | D | 116,403 | D | |
| Class A Common StockF4 | Aug 17, 2026 | S | 350 | $309.5054 | D | 116,053 | D | |
| Class A Common StockF5 | Aug 17, 2026 | S | 274 | $310.6161 | D | 115,779 | D | |
| Class A Common StockF6 | Aug 17, 2026 | S | 460 | $311.7189 | D | 115,319 | D | |
| Class A Common StockF7 | Aug 17, 2026 | S | 300 | $313.5983 | D | 115,019 | D | |
| Class A Common Stock | Aug 17, 2026 | S | 399 | $314.49 | D | 114,620 | D | |
| Class A Common Stock | Aug 18, 2026 | S | 2,538 | $304.68 | D | 112,082 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock Option (right to buy)F8 | $77.70 | Aug 17, 2026 | M | 3,333 | D | — | Aug 4, 2034 | Class A Common Stock | 3,333 | 86,666 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.17 to $308.055, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (7) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.19 to $308.99, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.275 to $309.77, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.29 to $311.065, inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.375 to $311.94, inclusive.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.325 to $313.735, inclusive.
- F8The remaining shares subject to the option vest quarterly beginning on November 15, 2026.