Cloudflare (NYSE: NET) awards CFO Thomas Seifert 142,116 RSUs
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEIFERT THOMAS J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 142,116 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 227,568 shares (Direct)
Footnotes (1)
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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.