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Cloudflare (NYSE: NET) CEO trusts sell 71,174 Class A shares and convert Class B stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cloudflare, Inc. CEO and board co-chair Matthew Prince reported a series of indirect transactions in company stock. Trusts associated with him sold a total of 71,174 shares of Class A Common Stock in open-market trades on July 1–2, 2026 at weighted average prices generally between about $239 and $252 per share, according to detailed price ranges in multiple footnotes. These sales were carried out under a Rule 10b5-1 trading plan adopted on February 26, 2026, meaning they were pre-arranged. On the same dates, the trusts also converted 71,174 shares of Class B Common Stock into Class A Common Stock, and continue to hold large indirect Class B positions that are convertible into Class A on a one-to-one basis with no expiration date.

Positive

  • None.

Negative

  • None.
Insider Prince Matthew
Role CEO & Board Co-Chair
Sold 71,174 shs ($17.60M)
Approx. gross sale proceeds $17.60M
Approx. exercise cost $0.00
Approx. pre-tax spread $17.60M
Type Security Shares Price Value
Conversion Class B Common Stock 18,752 $0.00 $0.00
Conversion Class A Common Stock 18,752 $0.00 $0.00
Sale Class A Common Stock 3,447 $239.8376 $827K
Sale Class A Common Stock 3,219 $240.8008 $775K
Sale Class A Common Stock 5,716 $241.8625 $1.38M
Sale Class A Common Stock 2,251 $242.5528 $546K
Sale Class A Common Stock 380 $243.8661 $93K
Sale Class A Common Stock 1,466 $244.9359 $359K
Sale Class A Common Stock 934 $245.955 $230K
Sale Class A Common Stock 1,262 $246.8867 $312K
Sale Class A Common Stock 77 $247.4453 $19K
Conversion Class B Common Stock 18,787 $0.00 $0.00
Conversion Class B Common Stock 33,635 $0.00 $0.00
Conversion Class A Common Stock 18,787 $0.00 $0.00
Sale Class A Common Stock 428 $245.4618 $105K
Sale Class A Common Stock 1,905 $246.5239 $470K
Sale Class A Common Stock 2,378 $247.5078 $589K
Sale Class A Common Stock 2,178 $248.5429 $541K
Sale Class A Common Stock 6,173 $249.5082 $1.54M
Sale Class A Common Stock 4,320 $250.414 $1.08M
Sale Class A Common Stock 1,366 $251.2783 $343K
Sale Class A Common Stock 39 $252.1447 $10K
Conversion Class A Common Stock 33,635 $0.00 $0.00
Sale Class A Common Stock 542 $244.8892 $133K
Sale Class A Common Stock 1,740 $246.0622 $428K
Sale Class A Common Stock 4,012 $246.9923 $991K
Sale Class A Common Stock 4,046 $247.9643 $1.00M
Sale Class A Common Stock 7,053 $249.1363 $1.76M
Sale Class A Common Stock 10,806 $249.992 $2.70M
Sale Class A Common Stock 5,098 $250.9601 $1.28M
Sale Class A Common Stock 338 $251.8498 $85K
holding Class B Common Stock -- -- --
holding Class B Common Stock -- -- --
holding Class B Common Stock -- -- --
holding Class B Common Stock -- -- --
holding Class B Common Stock -- -- --
holding Class B Common Stock -- -- --
Holdings After Transaction: Class B Common Stock — 25,333,384 shares (Indirect, See footnote); Class A Common Stock — 0 shares (Indirect, See footnote)
Footnotes (35)
  1. F1. Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
  2. F2. The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee.
  3. F3. The 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.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.81 to $245.79, 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 (4) through (11) and (13) through (29) to this Form 4.
  5. F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.00 to $246.9775, inclusive.
  6. F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.02 to $248.01, inclusive.
  7. F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.02 to $249.01, inclusive.
  8. F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.02 to $250.015, inclusive.
  9. F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.04 to $251.035, inclusive.
  10. F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.0425 to $251.98, inclusive.
  11. F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.08 to $252.245, inclusive.
  12. F12. The shares are held of record by The Prince 2021 Remainder Trust dated September 23, 2021, for which the reporting person serves as an investment advisor.
  13. F13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.495 to $245.3325, inclusive.
  14. F14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.50 to $246.455, inclusive.
  15. F15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.50 to $247.495, inclusive.
  16. F16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.50 to $248.495, inclusive.
  17. F17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.50 to $249.4875, inclusive.
  18. F18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.50 to $250.485, inclusive.
  19. F19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.50 to $251.495, inclusive.
  20. F20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.50 to $252.245, inclusive.
  21. F21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.31 to $240.3075, inclusive.
  22. F22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.31 to $241.30, inclusive.
  23. F23. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.31 to $242.3075, inclusive.
  24. F24. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.31 to $243.255, inclusive.
  25. F25. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.355 to $244.31, inclusive.
  26. F26. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.40 to $245.395, inclusive.
  27. F27. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.4175 to $246.415, inclusive.
  28. F28. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.42 to $247.37, inclusive.
  29. F29. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.44 to $247.485, inclusive.
  30. F30. The shares are held of record by The Prince Family Nonexempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
  31. F31. The shares are held of record by The Prince Family Exempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
  32. F32. The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust dated May 20, 2024, for which the reporting person serves as co-trustee and investment advisor.
  33. F33. The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust 2 dated August 20, 2024, for which the reporting person serves as co-trustee and investment advisor.
  34. F34. The shares are held of record by The Matthew Prince 2025 Grantor Retained Annuity Trust dated May 10, 2025, for which the reporting person serves as an investment advisor.
  35. F35. The shares are held of record by The Matthew Prince 2025 Grantor Retained Annuity Trust 2 dated August 11, 2025, for which the reporting person serves as co-trustee and investment advisor.
Class A shares sold 71,174 shares Total open-market sales reported for July 1–2, 2026
Net share direction 71,174 net shares sold transactionSummary netBuySellShares, net-sell
Shares converted to Class A 71,174 shares Conversion of Class B into Class A Common Stock
Example sale price range $239.31–$240.3075 One weighted average price range from footnote F21
Highest reported sale range $252.08–$252.245 Weighted average price range from footnote F11
Largest remaining derivative block 6,928,408 underlying shares Class B Common Stock convertible to Class A, indirect
Rule 10b5-1 plan adoption date February 26, 2026 Footnote stating trades were under pre-arranged plan
Rule 10b5-1 trading plan regulatory
"The 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."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Revocable Trust financial
"The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Grantor Retained Annuity Trust financial
"The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust dated May 20, 2024, for which the reporting person serves as co-trustee and investment advisor."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.81 to $245.79, inclusive."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

What did Cloudflare (NET) CEO Matthew Prince report in this Form 4?
Matthew Prince reported indirect trust-related trades in Cloudflare stock. Trusts associated with him sold 71,174 Class A shares in open-market transactions and converted an equal number of Class B shares into Class A, while retaining significant Class B holdings.

How many Cloudflare Class A shares were sold in Matthew Prince’s latest filing?
Trusts associated with Matthew Prince sold 71,174 shares of Cloudflare Class A Common Stock. These transactions occurred across multiple open-market trades on July 1–2, 2026, at various weighted average prices detailed in the Form 4 footnotes.

At what prices were the Cloudflare shares sold in Matthew Prince’s Form 4?
The reported Class A sales used weighted average prices with ranges in the footnotes. Individual sale groups occurred in ranges from about $239.31 up to $252.245 per share, reflecting numerous small open-market transactions at different prices over July 1–2, 2026.

Was Matthew Prince’s Cloudflare stock sale under a Rule 10b5-1 plan?
Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted on February 26, 2026. Such plans pre-schedule trades, indicating these transactions were planned in advance rather than timed discretionarily to short-term market movements.

What happened to Cloudflare Class B shares in Matthew Prince’s Form 4?
The filing shows Class B Common Stock being converted into Class A Common Stock. For example, 18,752, 33,635 and 18,787 Class B shares were each converted into equal numbers of Class A shares, consistent with the stated one-to-one, no-expiration conversion feature.

Who actually holds the Cloudflare shares involved in these transactions?
The shares are held by several trusts, including The Matthew Prince Revocable Trust and multiple family and Grantor Retained Annuity Trusts. Footnotes state Prince serves as trustee, co-trustee or investment advisor for these entities, so the holdings are reported as indirect ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Prince Matthew
(Last)(First)(Middle)
C/O CLOUDFLARE, INC.,
405 COMAL STREET
(Street)
AUSTIN TEXAS 78702
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Cloudflare, Inc. [ NET ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO & Board Co-Chair
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock07/01/2026C18,787A(1)18,787ISee footnote(2)
Class A Common Stock07/01/2026S(3)428D$245.4618(4)18,359ISee footnote(2)
Class A Common Stock07/01/2026S(3)1,905D$246.5239(5)16,454ISee footnote(2)
Class A Common Stock07/01/2026S(3)2,378D$247.5078(6)14,076ISee footnote(2)
Class A Common Stock07/01/2026S(3)2,178D$248.5429(7)11,898ISee footnote(2)
Class A Common Stock07/01/2026S(3)6,173D$249.5082(8)5,725ISee footnote(2)
Class A Common Stock07/01/2026S(3)4,320D$250.414(9)1,405ISee footnote(2)
Class A Common Stock07/01/2026S(3)1,366D$251.2783(10)39ISee footnote(2)
Class A Common Stock07/01/2026S(3)39D$252.1447(11)0ISee footnote(2)
Class A Common Stock07/01/2026C33,635A(1)33,635ISee footnote(12)
Class A Common Stock07/01/2026S(3)542D$244.8892(13)33,093ISee footnote(12)
Class A Common Stock07/01/2026S(3)1,740D$246.0622(14)31,353ISee footnote(12)
Class A Common Stock07/01/2026S(3)4,012D$246.9923(15)27,341ISee footnote(12)
Class A Common Stock07/01/2026S(3)4,046D$247.9643(16)23,295ISee footnote(12)
Class A Common Stock07/01/2026S(3)7,053D$249.1363(17)16,242ISee footnote(12)
Class A Common Stock07/01/2026S(3)10,806D$249.992(18)5,436ISee footnote(12)
Class A Common Stock07/01/2026S(3)5,098D$250.9601(19)338ISee footnote(12)
Class A Common Stock07/01/2026S(3)338D$251.8498(20)0ISee footnote(12)
Class A Common Stock07/02/2026C18,752A(1)18,752ISee footnote(2)
Class A Common Stock07/02/2026S(3)3,447D$239.8376(21)15,305ISee footnote(2)
Class A Common Stock07/02/2026S(3)3,219D$240.8008(22)12,086ISee footnote(2)
Class A Common Stock07/02/2026S(3)5,716D$241.8625(23)6,370ISee footnote(2)
Class A Common Stock07/02/2026S(3)2,251D$242.5528(24)4,119ISee footnote(2)
Class A Common Stock07/02/2026S(3)380D$243.8661(25)3,739ISee footnote(2)
Class A Common Stock07/02/2026S(3)1,466D$244.9359(26)2,273ISee footnote(2)
Class A Common Stock07/02/2026S(3)934D$245.955(27)1,339ISee footnote(2)
Class A Common Stock07/02/2026S(3)1,262D$246.8867(28)77ISee footnote(2)
Class A Common Stock07/02/2026S(3)77D$247.4453(29)0ISee footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(1)07/01/2026C18,787 (1) (1)Class A Common Stock18,787$04,277,380ISee footnote(2)
Class B Common Stock(1)07/01/2026C33,635 (1) (1)Class A Common Stock33,635$02,918,194ISee footnote(12)
Class B Common Stock(1)07/02/2026C18,752 (1) (1)Class A Common Stock18,752$04,258,628ISee footnote(2)
Class B Common Stock(1) (1) (1)Class A Common Stock6,928,4086,928,408ISee footnote(30)
Class B Common Stock(1) (1) (1)Class A Common Stock1,060,0001,060,000ISee footnote(31)
Class B Common Stock(1) (1) (1)Class A Common Stock3,065,0153,065,015ISee footnote(32)
Class B Common Stock(1) (1) (1)Class A Common Stock3,103,1393,103,139ISee footnote(33)
Class B Common Stock(1) (1) (1)Class A Common Stock2,000,0002,000,000ISee footnote(34)
Class B Common Stock(1) (1) (1)Class A Common Stock2,000,0002,000,000ISee footnote(35)
Explanation of Responses:
1. Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
2. The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee.
3. The 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.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.81 to $245.79, 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 (4) through (11) and (13) through (29) to this Form 4.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.00 to $246.9775, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.02 to $248.01, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.02 to $249.01, inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.02 to $250.015, inclusive.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.04 to $251.035, inclusive.
10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.0425 to $251.98, inclusive.
11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.08 to $252.245, inclusive.
12. The shares are held of record by The Prince 2021 Remainder Trust dated September 23, 2021, for which the reporting person serves as an investment advisor.
13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.495 to $245.3325, inclusive.
14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.50 to $246.455, inclusive.
15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.50 to $247.495, inclusive.
16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.50 to $248.495, inclusive.
17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.50 to $249.4875, inclusive.
18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.50 to $250.485, inclusive.
19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.50 to $251.495, inclusive.
20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.50 to $252.245, inclusive.
21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.31 to $240.3075, inclusive.
22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.31 to $241.30, inclusive.
23. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.31 to $242.3075, inclusive.
24. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.31 to $243.255, inclusive.
25. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.355 to $244.31, inclusive.
26. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.40 to $245.395, inclusive.
27. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.4175 to $246.415, inclusive.
28. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.42 to $247.37, inclusive.
29. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.44 to $247.485, inclusive.
30. The shares are held of record by The Prince Family Nonexempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
31. The shares are held of record by The Prince Family Exempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
32. The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust dated May 20, 2024, for which the reporting person serves as co-trustee and investment advisor.
33. The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust 2 dated August 20, 2024, for which the reporting person serves as co-trustee and investment advisor.
34. The shares are held of record by The Matthew Prince 2025 Grantor Retained Annuity Trust dated May 10, 2025, for which the reporting person serves as an investment advisor.
35. The shares are held of record by The Matthew Prince 2025 Grantor Retained Annuity Trust 2 dated August 11, 2025, for which the reporting person serves as co-trustee and investment advisor.
Remarks:
This Form 4 is the first of two forms being filed to report transactions by the reporting person occurring on July 1, 2026 through July 6, 2026.
/s/ Charlotte Bowe, by power of attorney07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR