Welcome to our dedicated page for Cloudflare SEC filings (Ticker: NET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Cloudflare, Inc. (NYSE: NET) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as a public issuer of Class A common stock. Cloudflare files periodic and current reports with the U.S. Securities and Exchange Commission that describe its financial results, risk factors, business overview, and material events related to its connectivity cloud business.
Among these documents, investors commonly focus on annual reports on Form 10-K and quarterly reports on Form 10-Q, which present audited or reviewed financial statements, management’s discussion of results, and details about Cloudflare’s operations, including its connectivity cloud platform, customer base, and market environment. Current reports on Form 8-K, such as those cited in the company’s recent filings, are used to furnish press releases announcing quarterly financial results and to provide Regulation FD disclosures about supplemental financial and other information.
Cloudflare’s Form 8-K filings explain that the company reports financial results for each fiscal quarter and posts additional materials on its websites. They also note that Cloudflare uses multiple channels to communicate material information, including SEC filings, press releases, public conference calls, its main website, its investor relations website, its news site, and social media accounts. These filings can also reference non-GAAP financial measures alongside GAAP results, with reconciliations included in attached press releases.
On Stock Titan, Cloudflare’s filings are updated as new documents are released through the SEC’s EDGAR system. AI-powered summaries can help readers quickly understand key points from lengthy filings, such as trends in revenue and operating results, commentary on the connectivity cloud platform, and descriptions of how Cloudflare views its communication practices with investors and the public.
Cloudflare (NET) insider activity: The CEO and Board Co‑Chair, a 10% owner, converted 52,384 Class B shares into Class A on each of 10/14/2025, 10/15/2025, and 10/16/2025, then sold the converted shares in multiple tranches pursuant to a Rule 10b5‑1 trading plan adopted on 02/11/2025.
Sales were executed at weighted average prices within disclosed ranges, from $209.32 to $224.93 across the three days. The shares were held indirectly by The Matthew Prince Revocable Trust. Each Class B share is convertible into one Class A share and has no expiration date.
Cloudflare, Inc. (NET) — Insider Form 4 activity. A director reported transactions on 10/13/2025, including an option exercise and open‑market sales executed under a Rule 10b5‑1 trading plan adopted on May 28, 2025.
The insider exercised a stock option for 2,520 Class A shares at $44.72 (code M), then sold shares in multiple transactions the same day (codes S) at weighted average prices spanning disclosed ranges, including from $216.095 to $223.56. Following these transactions, the insider beneficially owned 495,191 Class A shares, held directly.
In the derivative table, the option is fully vested and immediately exercisable, with an exercise price of $44.72 and an expiration date of 02/13/2032. After the reported activity, the insider beneficially owned 25,200 derivative securities.
Insider transactions by Michelle Zatlyn, President and Board Co-Chair of Cloudflare, Inc. (NET)
The filing shows a sequence of option exercises and planned sales executed under a Rule 10b5-1 trading plan between 10/07/2025 and 10/09/2025. The reporting person exercised employee options with an exercise price of $2.04 to acquire 25,641 shares on each of the three days, and sold a total of 367,251 Class A shares across those dates at weighted-average prices in the ~$214.29–$221.63 ranges. Following these transactions, certain shares remain held indirectly in multiple trusts and the filing notes fully vested options and conversion mechanics between Class B and Class A shares.
Cloudflare director Mark J. Hawkins reported a sale of 1,000 shares of Class A common stock on 10/01/2025 at a price of $212.83 per share, leaving him with 11,990 shares held directly. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person on 05/30/2025. The Form 4 was signed by a power of attorney on behalf of the reporting person.
Cloudflare, Inc. (NET) Form 144 indicates a proposed sale of 9,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,921,309.50, and an approximate sale date of 10/01/2025 on the NYSE. The filer reports outstanding shares of 348,481,587. The securities listed were originally issued as restricted stock on 11/15/2023 (1,636 shares) and 02/15/2024 (7,364 shares). The filing also discloses three recent sales by Douglas Kramer in the past three months: 3,000 shares on 09/02/2025 for $606,304.20, 3,000 shares on 08/01/2025 for $594,663.00, and 9,000 shares on 07/01/2025 for $1,764,814.50. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
This Form 144 notice indicates the proposed sale of 1,000 shares of common stock through Morgan Stanley Smith Barney LLC on 10/01/2025 with an aggregate market value of $212,830.00. The shares were acquired as restricted stock from the issuer on 06/02/2023 and fully paid on that date. The filing lists 348,481,587 shares outstanding, showing the position is a very small fraction of outstanding stock. The document also records a prior sale by Mark Hawkins of 1,000 shares on 09/02/2025 for $201,600.00. The filer certifies no undisclosed material adverse information and acknowledges criminal penalties for false statements.
Michelle Zatlyn, President and Board Co-Chair of Cloudflare (NET), reported multiple transactions on September 23-25, 2025. The Form 4 shows the reporting person acquired Class A Common Stock in three convertible/option-related transactions of 25,641 shares each and reported aggregate dispositions of 367,251 shares of Class A Common Stock over the reporting period. Many sold shares were executed pursuant to a Rule 10b5-1 trading plan adopted February 14, 2025. The filing also lists large indirect holdings held in various trusts and Class B shares convertible one-for-one into Class A. Employee stock options with a $2.04 exercise price and immediate exercisability are reported in connection with the transactions.
Carl Ledbetter, a director of Cloudflare, Inc. (NET), reported the sale of 19,599 shares of Class A common stock on 09/22/2025. The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ledbetter on 02/14/2025. The filing shows the sales occurred in multiple transactions at weighted-average prices reported in three groups: $223.3586, $224.2456, and $225.4559, with disclosed price ranges for each group. The shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which he serves as trustee. After the reported transactions, the filing shows 1,013,073 shares of Class A common stock beneficially owned indirectly.
Carl Ledbetter, a director of Cloudflare, Inc. (NET), reported the sale of 19,599 shares of Class A common stock on 09/22/2025. The sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ledbetter on 02/14/2025. The filing shows the sales occurred in multiple transactions at weighted-average prices reported in three groups: $223.3586, $224.2456, and $225.4559, with disclosed price ranges for each group. The shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which he serves as trustee. After the reported transactions, the filing shows 1,013,073 shares of Class A common stock beneficially owned indirectly.
Cloudflare Chief Financial Officer Thomas J. Seifert reported a series of transactions on 09/22/2025 showing option exercise activity and multiple open-market sales. He exercised an employee stock option to acquire 10,000 shares at a $2.04 exercise price and, on the same day, sold multiple blocks of Class A common stock in transactions executed pursuant to a Rule 10b5-1 trading plan adopted November 26, 2024. The Form 4 shows a net reduction in direct beneficial ownership of Class A shares from 199,517 to 189,517 after the reported sales, with individual sale prices reported as weighted averages in the $222.85–$230.03 range. Several larger holdings remain indirectly held through entities and trusts for which he serves as partner or trustee.
Cloudflare Chief Financial Officer Thomas J. Seifert reported a series of transactions on 09/22/2025 showing option exercise activity and multiple open-market sales. He exercised an employee stock option to acquire 10,000 shares at a $2.04 exercise price and, on the same day, sold multiple blocks of Class A common stock in transactions executed pursuant to a Rule 10b5-1 trading plan adopted November 26, 2024. The Form 4 shows a net reduction in direct beneficial ownership of Class A shares from 199,517 to 189,517 after the reported sales, with individual sale prices reported as weighted averages in the $222.85–$230.03 range. Several larger holdings remain indirectly held through entities and trusts for which he serves as partner or trustee.
Form 144 notice for Cloudflare, Inc. (NET) indicates a proposed sale of 10,000 shares of Common stock through Morgan Stanley Smith Barney on 09/22/2025, with an aggregate market value of $2,259,400.00. The shares were acquired the same day by exercise of stock options and paid for in cash. The filing reports the issuer's total shares outstanding as 312,872,178. The document also lists multiple Rule 10b5-1 plan sales by related parties during July–August 2025, including transactions ranging from 400 to 41,555 shares with gross proceeds shown for each sale. The filer certifies no undisclosed material adverse information.
Form 144 notice for Cloudflare, Inc. (NET) indicates a proposed sale of 10,000 shares of Common stock through Morgan Stanley Smith Barney on 09/22/2025, with an aggregate market value of $2,259,400.00. The shares were acquired the same day by exercise of stock options and paid for in cash. The filing reports the issuer's total shares outstanding as 312,872,178. The document also lists multiple Rule 10b5-1 plan sales by related parties during July–August 2025, including transactions ranging from 400 to 41,555 shares with gross proceeds shown for each sale. The filer certifies no undisclosed material adverse information.