Cloudflare insider plans sale of 471,456 shares under Rule 144

Cloudflare insider Matthew Prince, through The Matthew Prince Revocable Trust, has filed a Form 144 to potentially sell up to 471,456 shares of Class A common stock through Goldman Sachs & Co. LLC on the NYSE.

Rhea-AI Filing Summary

Cloudflare insider Matthew Prince, through The Matthew Prince Revocable Trust, has filed a Form 144 to potentially sell up to 471,456 shares of Class A common stock through Goldman Sachs & Co. LLC on the NYSE. The filing lists an aggregate market value of $96,342,033.6 for these shares, with 315,250,214 Class A shares outstanding. The stock to be sold includes shares originally acquired as Class B common stock in a 2009 private transaction that will convert to Class A upon sale, along with restricted stock units and performance awards granted in 2023 and 2025 as compensation. The trust has also reported multiple prior sales of 52,384-share blocks of Class A common stock over the past three months.

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Accepted by SEC EDGAR 12/03/2025 - 05:57 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001786925
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Cloudflare, Inc.
SEC File Number	001-39039
Address of Issuer	101 Townsend Street San Francisco CALIFORNIA 94107
Phone	1-888-993-5273
Name of Person for Whose Account the Securities are To Be Sold	Matthew Prince
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	471456	96342033.6	315250214	12/03/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	09/25/2009	Originally acquired Class B common shares from Issuer in private transaction; Class B common shares to be converted to Class A common shares in connection with any sales.	Issuer			449281	09/25/2009	None
Class A Common	04/19/2023	Acquired as compensation -- Restricted Stock Units	Issuer			10790	04/19/2023	Compensation
Class A Common	02/05/2025	Acquired as compensation -- Restricted Stock Units	Issuer			7289	02/05/2025	Compensation
Class A Common	02/05/2025	Acquired as compensation -- Performance Awards	Issuer			4096	02/05/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	10/15/2025	52384	11579347
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	10/16/2025	52384	11207933.96
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	11/19/2025	52384	10231826.22
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	09/11/2025	52384	11863053.51
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	09/09/2025	52384	11373603.6
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	11/17/2025	52384	10726357.38
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	09/10/2025	52384	11634261.15
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	10/14/2025	52384	11289338.7
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	11/18/2025	52384	10348789.22

144: Remarks and Signature

Remarks	The sales of shares set forth herein are made in connection with a selling plan dated 2/11/2025, that is intended to comply with Rule 10b5-1(c). All shares sold by The Matthew Prince Revocable Trust.
Date of Notice	12/03/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	02/11/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of Matthew Prince
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)