Cloudflare, Inc. 4

CEO & Board Co‑Chair Matthew Prince converted Class B into Class A shares of Cloudflare, Inc. and sold about 94.7K Class A shares in open‑market transactions totaling roughly $23.7 million between July 2 and July 6, 2026 under a Rule 10b5‑1 plan.

On this Form 4, Cloudflare, Inc. CEO & Board Co‑Chair Matthew Prince reported multiple conversions of Class B Common Stock into Class A Common Stock followed by open‑market sales executed under a Rule 10b5‑1 trading plan between July 2 and July 6, 2026. On July 2, 2026 he converted 33,631 Class B shares into Class A shares and then sold an aggregate 35,631 Class A shares in a series of trades at weighted‑average prices ranging from about $239.64 to $247.33 per share, effectively liquidating that block. On July 6, 2026 he converted 18,752 Class B shares into Class A and sold 23,733 Class A shares at prices ranging from about $244.87 to $250.39 per share, and later that same day converted another 33,631 Class B shares and sold 35,331 Class A shares at prices around $243.82 to $249.99 per share. In total, the reported sales over the period amount to roughly 94,695 Class A shares for approximately $23.7 million of gross proceeds, while Prince continues to hold substantial indirect positions via various trusts that collectively own several million shares of Class A and Class B stock, with each Class B share convertible into Class A on a one‑for‑one basis.

Filing Facts

CIK

1477333

Ticker

NET

Form

4

Source Type

sec

Accession

0001786925-26-000029

Alert Tier

7