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Cloudflare (NYSE: NET) awards CFO Thomas Seifert 142,116 RSUs

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

Rhea-AI Filing Summary

SEIFERT THOMAS J reported acquisition or exercise transactions in this Form 4 filing.

Cloudflare, Inc. reported that its Chief Financial Officer, Thomas J. Seifert, received a grant of 142,116 shares of Class A common stock in the form of restricted stock units. These RSUs will vest in nineteen equal monthly installments beginning on March 15, 2026.

After this compensation-related award, Seifert holds 227,568 shares of Class A common stock directly. This is an equity grant at no cash cost per share, reflecting ongoing stock-based compensation rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
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*
SEIFERT THOMAS J

(Last) (First) (Middle)
C/O CLOUDFLARE, INC.
405 COMAL STREET

(Street)
AUSTIN TX 78702

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Cloudflare, Inc. [ NET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/06/2026 A 142,116(1) A $0 227,568 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reported shares are represented by restricted stock units, or RSUs, which vest in nineteen equal monthly installments beginning on March 15, 2026.
Remarks:
/s/ Chad Skinner, by power of attorney 03/13/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Cloudflare (NET) report for its CFO?

Cloudflare reported that CFO Thomas J. Seifert received a grant of 142,116 restricted stock units of Class A common stock. The award is stock-based compensation, not an open-market trade, and increases his directly held shares to 227,568 after the transaction.

How many Cloudflare (NET) RSUs were granted to the CFO in this Form 4?

The Form 4 shows a grant of 142,116 restricted stock units to Cloudflare’s Chief Financial Officer. These RSUs represent Class A common stock and are awarded at no cash cost per share as part of his equity compensation package disclosed in the filing.

What is the vesting schedule for the Cloudflare (NET) CFO’s new RSUs?

The reported RSUs vest in nineteen equal monthly installments beginning on March 15, 2026. This means the CFO will receive a portion of the 142,116 shares each month over the schedule, aligning his compensation with ongoing service to Cloudflare.

Is the Cloudflare (NET) CFO’s Form 4 transaction a stock purchase or sale?

The transaction is not a market purchase or sale. It is a compensation-related acquisition coded as a grant or award, with 142,116 restricted stock units of Class A common stock awarded to the CFO at a stated price of 0.0000 per share.

What are the CFO’s Cloudflare (NET) holdings after this RSU grant?

Following the grant, CFO Thomas J. Seifert is reported to hold 227,568 shares of Cloudflare Class A common stock directly. This total includes the newly awarded 142,116 restricted stock units subject to the disclosed vesting schedule beginning March 15, 2026.
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