Cloudflare grants 63,305 RSUs to legal chief

Starzak Alissa Michelle reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Starzak Alissa Michelle reported acquisition or exercise transactions in this Form 4 filing.

Cloudflare, Inc. reported that Chief Legal Officer Alissa Michelle Starzak received an equity grant of 63,305 shares of Class A common stock in the form of restricted stock units (RSUs). Following this grant, her directly held stake increased to 128,302 shares.

The RSUs vest over time rather than all at once. According to the vesting schedule, 38,957 RSUs vest in 16 equal quarterly installments beginning on May 15, 2026, and the remaining 24,348 RSUs vest in eight equal quarterly installments beginning on February 15, 2027. This filing reflects a compensation-related award, not an open-market share purchase or sale.

Insider Trade Summary

Grant/Award: 63,305 shares

Grant/Award 1 txn

Insider Starzak Alissa Michelle

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	63,305	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 128,302 shares (Direct)

Footnotes (1)

1. F1. The reported shares are represented by restricted stock units, or RSUs, which vest as follows: 38,957 RSUs vest in 16 equal quarterly installments beginning on May 15, 2026 and an additional 24,348 RSUs vest in eight equal quarterly installments beginning on February 15, 2027.

Key Figures

RSUs granted: 63,305 RSUs Shares owned after grant: 128,302 shares First RSU tranche: 38,957 RSUs +2 more

5 metrics

RSUs granted 63,305 RSUs Equity award to Chief Legal Officer

Shares owned after grant 128,302 shares Direct ownership following reported transaction

First RSU tranche 38,957 RSUs Vests in 16 quarterly installments from May 15, 2026

Second RSU tranche 24,348 RSUs Vests in 8 quarterly installments from February 15, 2027

Grant price $0.00 per share Reported transaction price for RSU award

Key Terms

restricted stock units, RSUs, vesting, Class A Common Stock

4 terms

restricted stock units financial

"The reported shares are represented by restricted stock units, or RSUs, which vest as follows"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"The reported shares are represented by restricted stock units, or RSUs, which vest as follows"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

vesting financial

"which vest as follows: 38,957 RSUs vest in 16 equal quarterly installments"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Class A Common Stock financial

"security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Cloudflare (NET) disclose about Alissa Starzak in this Form 4?

Cloudflare reported that Chief Legal Officer Alissa Michelle Starzak received a grant of 63,305 restricted stock units tied to Class A common stock. These RSUs represent equity-based compensation and increase her directly held stake to 128,302 shares after the reported award.

How many Cloudflare (NET) RSUs were granted to the Chief Legal Officer?

The filing shows a grant of 63,305 restricted stock units to Alissa Michelle Starzak. These RSUs convert into shares of Class A common stock as they vest over time according to the disclosed quarterly vesting schedules beginning in 2026 and 2027.

What is the vesting schedule for Alissa Starzak’s Cloudflare (NET) RSUs?

The filing states that 38,957 RSUs vest in 16 equal quarterly installments starting May 15, 2026. An additional 24,348 RSUs vest in eight equal quarterly installments beginning February 15, 2027, tying the award to multi-year continued service.

Did the Cloudflare (NET) Chief Legal Officer buy or sell shares on the market?

No open-market buy or sell is reported. The Form 4 describes a grant classified as a non-derivative acquisition of 63,305 RSUs at a reported price of $0.00 per unit, reflecting compensation rather than a market trade in Cloudflare shares.

What is Alissa Starzak’s Cloudflare (NET) share ownership after this RSU grant?

After the reported transaction, Alissa Michelle Starzak directly owns 128,302 shares of Cloudflare Class A common stock. This total reflects the effect of the 63,305 RSU grant disclosed in the filing, which increases her equity-based position with the company.

Are the Cloudflare (NET) RSUs for Alissa Starzak fully vested now?

No, the RSUs vest over time. The filing explains that 38,957 RSUs vest in 16 quarterly installments from May 15, 2026, while 24,348 RSUs vest in eight quarterly installments from February 15, 2027, making the award contingent on future service.

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

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Accepted by SEC EDGAR 04/30/2026 - 07:27 PM EDT Learn about SEC filing dates

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^*

Starzak Alissa Michelle

(Last) (First) (Middle)

C/O CLOUDFLARE, INC

900 19TH STREET NW, SUITE 375

(Street)

WASHINGTON DISTRICT OF COLUMBIA 20026

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/29/2026		A		63,305	A	(1)	128,302	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 as follows: 38,957 RSUs vest in 16 equal quarterly installments beginning on May 15, 2026 and an additional 24,348 RSUs vest in eight equal quarterly installments beginning on February 15, 2027.

	/s/ Charlotte Bowe, by power of attorney	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)