Cloudflare (NET) CEO Matthew Prince receives 96,665 RSU award in insider Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cloudflare CEO and Board Co-Chair Matthew Prince reported an equity award of 96,665 Class A shares on February 6, 2026. The shares are represented by restricted stock units granted at a price of $0 per share and increase his directly held stake to 446,309 shares.
The RSUs will vest in sixteen equal quarterly installments beginning on May 15, 2026, tying the award to multi‑year service and performance at the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Prince Matthew
Role
CEO & Board Co-Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 96,665 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 446,309 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cloudflare (NET) report for Matthew Prince?
Cloudflare reported that CEO and Board Co-Chair Matthew Prince received 96,665 Class A shares as a restricted stock unit award. The RSUs were granted at $0 per share and are designed to vest over time, aligning compensation with ongoing service.
When do Matthew Prince’s new Cloudflare (NET) RSUs start vesting?
The 96,665 restricted stock units granted to Matthew Prince begin vesting on May 15, 2026. They vest in sixteen equal quarterly installments, spreading the award over several years and linking the value of the grant to his continued role at Cloudflare.
What is the transaction code for Matthew Prince’s latest Cloudflare (NET) award?
The transaction is coded “A” for acquisition, indicating an award rather than an open-market purchase. The Form 4 shows 96,665 Class A shares acquired at $0 per share through restricted stock units granted to Matthew Prince on February 6, 2026.
Is Matthew Prince a director and 10% owner of Cloudflare (NET) in this filing?
Yes. The Form 4 identifies Matthew Prince as a director, officer with the title CEO & Board Co-Chair, and a 10% owner. These roles are disclosed in the relationship section of the filing alongside details of the restricted stock unit grant.