Cloudflare (NYSE: NET) awards 63,305 RSUs to CLO Alissa Starzak
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
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 | -- |
Holdings After Transaction:
Class A Common Stock — 128,302 shares (Direct, null)
Footnotes (1)
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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
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.
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.