Cloudflare (NET) director granted 842 RSUs under Outside Director Compensation Policy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Suder Katrin reported acquisition or exercise transactions in this Form 4 filing.
Cloudflare, Inc. director Katrin Suder received an automatic annual grant of 842 shares of Class A common stock in the form of restricted stock units under the company’s Outside Director Compensation Policy. These RSUs vest on the earlier of June 30, 2027 or the day before the next annual stockholder meeting. Following this grant, Suder directly holds 38,272 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Suder Katrin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 842 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 38,272 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 842 shares
Holdings after transaction: 38,272 shares
RSU vesting date: June 30, 2027
3 metrics
RSU grant size
842 shares
Automatic annual RSU award to director
Holdings after transaction
38,272 shares
Class A common stock directly held after grant
RSU vesting date
June 30, 2027
Latest vesting date, subject to earlier annual meeting
Key Terms
restricted stock unit, Outside Director Compensation Policy, annual meeting of stockholders
3 terms
restricted stock unit financial
"Represents an automatic annual restricted stock unit, or RSU, award issued pursuant to the Issuer's Outside Director Compensation Policy."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Outside Director Compensation Policy financial
"Represents an automatic annual restricted stock unit, or RSU, award issued pursuant to the Issuer's Outside Director Compensation Policy."
annual meeting of stockholders financial
"The RSUs vest on the earlier of (i) June 30, 2027 or (ii) the day prior to the date of the Issuer's next annual meeting of stockholders."