Cloudflare, Inc. 4

Cloudflare CLO Alissa Michelle Starzak exercised 3,333 options and sold 5,871 Class A shares for roughly $1.8–$1.9 million in total value, ending with 112,082 shares owned directly.

On August 17, 2026, Cloudflare, Inc. Chief Legal Officer Alissa Michelle Starzak exercised 3,333 performance stock options at $77.70 per share, acquiring an equivalent number of Class A common shares, and on the same date and the following day sold a total of 5,871 Class A shares in a series of open market transactions at weighted average prices between approximately $304.68 and $314.49 per share under a prearranged Rule 10b5‑1 trading plan, leaving her with 112,082 directly held Class A shares following the transactions. The option exercise appears to be partially matched by sales that likely cover taxes or liquidity, and the remaining option grant will continue to vest quarterly beginning November 15, 2026. Using the recent trading price of about $293.43 per share, her post‑transaction direct holdings are worth roughly $32.9 million, while the combined exercise and sale activity represents gross transaction value of about $1.8–$1.9 million.

Filing Facts

CIK

1477333

Ticker

NET

Form

4

Source Type

sec

Accession

0002128025-26-000013

Alert Tier

7