Cloudflare, Inc. 4

Cloudflare CEO and Board Co‑Chair Matthew Prince converted 52,383 Class B shares into Class A shares and sold about 19,860 Class A shares of Cloudflare, Inc. on August 4, 2026 under a Rule 10b5‑1 plan.

On August 4, 2026, Cloudflare, Inc. CEO and Board Co‑Chair Matthew Prince converted an aggregate 52,383 shares of Class B Common Stock into Class A Common Stock and then executed a series of pre‑planned open‑market sales of Class A shares under a Rule 10b5‑1 trading plan. The filing shows one conversion of 18,752 Class B shares into 18,752 Class A shares and another of 33,631 Class B shares into 33,631 Class A shares, both reported as acquisitions of Class A stock. Following these conversions, Prince sold the newly converted and other Class A shares in numerous tranches, with sale prices ranging roughly from about $279.82 to $303.60 per share, as disclosed in the weighted‑average price footnotes and ranging descriptions. The individual sale lots on this Form 4 sum to approximately 19,860 Class A shares, implying gross sale proceeds on this filing in the range of roughly $5.8–$6.0 million based on the reported per‑share prices. The shares involved are held across multiple estate‑planning vehicles and trusts for which Prince serves as trustee, co‑trustee, or investment advisor, and the Form 4 notes that this is the second of four related filings covering trades between August 3 and August 5, 2026, indicating an ongoing, structured diversification rather than a one‑off discretionary sale.

Filing Facts

CIK

1477333

Ticker

NET

Form

4

Source Type

sec

Accession

0001786925-26-000033

Alert Tier

7