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.
Cloudflare, Inc. SEC filings document material-event reporting for its connectivity cloud business and Class A common stock. Recent 8-K and 8-K/A filings cover quarterly operating results, Regulation FD disclosures, press-release exhibits, and amendments to material-event reports.
The filings also record governance and corporate matters, including executive transition disclosures and Item 2.05 reporting on costs associated with exit or disposal activities tied to the company’s operating model. These records frame Cloudflare’s formal disclosures around results, restructuring-related charges, leadership changes, and public-company reporting controls.
Cloudflare, Inc. files its annual report outlining rapid growth, continued losses, and key business risks. Revenue rose to $2,167.9 million in 2025 from $1,669.6 million in 2024 and $1,296.7 million in 2023, while net losses were $102.3 million, $78.8 million, and $183.9 million, respectively.
The company serves about 332,000 paying customers, including 4,298 large customers as of December 31, 2025, on a global network in more than 330 cities and over 125 countries. As of June 30, 2025, non‑affiliate market value was about $35.7 billion, and as of February 12, 2026, there were 317,576,096 Class A and 34,404,202 Class B shares outstanding.
Cloudflare, Inc. Chief Financial Officer Thomas J. Seifert reported a mix of option exercises, share conversions, and open-market sales. He exercised an employee stock option for 10,000 shares and converted 10,000 shares of Class B Common Stock into 10,000 shares of Class A Common Stock, all at a stated price of $0.0000 per share. He then sold a total of 41,557 shares of Class A Common Stock in multiple open‑market transactions, including 8,279 shares at $177.1821 and 8,133 shares at $191.1280 per share, under a Rule 10b5‑1 trading plan adopted on November 26, 2024. After these sales, he directly owned 105,930 shares of Class A Common Stock. The filing also notes that each share of Class B Common Stock is convertible into one share of Class A Common Stock and that additional Class B shares are held indirectly through Center Court entities where Seifert serves as partner or trustee.
Cloudflare, Inc. entities associated with President and Board Co‑Chair Michelle Zatlyn reported a net sale of 86,362 shares of Class A Common Stock over February 19–23, 2026. The sales were executed through various SZ family trusts under a Rule 10b5‑1 trading plan adopted on February 14, 2025, at weighted average prices ranging from about $171.53 to $194.10 per share. In connection with these sales, fully vested employee stock options were exercised and Class B Common Stock was converted into Class A on a one‑for‑one basis, with resulting Class A shares re‑registered to the family revocable trust.
Morgan Stanley Smith Barney LLC submitted a Form 144 notice reporting proposed sales by an affiliate tied to Restricted Stock Units and option exercises. The filing lists 31,557 Restricted Stock Units with an anchor date of 02/15/2026 and 10,000 shares from an exercise of stock options on 02/20/2026. The excerpt also shows two 10b5-1 sales of 10,000 shares each on 12/22/2025 and 01/20/2026, with proceeds cited in dollars in the excerpt.
Notice of proposed sales of Class A common stock by a trust associated with an insider. The excerpt lists multiple Rule 144 sales by The Sutherland / Zatlyn Revocable Trust dated November 17, 2016, each for 8,547 shares on various dates between 11/20/2025 and 01/15/2026. Each sale line shows a dollar value for the transaction.
Cloudflare, Inc. CEO Matthew Prince reported a tax-related share disposition and updated equity holdings. On this Form 4, 16,587 shares of Class A common stock were withheld at $195.85 per share to cover his tax liability arising from the vesting of performance-based and time-based restricted stock units. After this tax-withholding disposition, he directly owned 406,811 shares of Class A common stock. An additional 22,911 shares issuable upon vesting and settlement of PSUs and RSUs were re-registered and are now held through The Matthew Prince Revocable Trust dated October 29, 2015, for which he serves as trustee.
Cloudflare, Inc. director and President Michelle Zatlyn reported a tax-related share disposition linked to equity vesting. On February 15, 2026, 20,100 shares of Class A common stock were withheld at a price of $195.85 per share to satisfy her tax liability from vesting PSUs and RSUs. After this withholding, she directly holds 406,811 shares.
The filing also shows indirect ownership through two trusts. One trust holds 43,953 shares and another holds 19,615 shares, reflecting shares issuable upon vesting and settlement of PSUs and RSUs that were re-registered into a revocable trust and shares held by a separate irrevocable trust.
Cloudflare, Inc. Chief Financial Officer Thomas J. Seifert reported a disposition of 20,477 shares of Class A Common Stock on February 15, 2026. The shares were withheld to satisfy his tax liability in connection with the vesting of restricted stock units. After this tax-withholding disposition, he beneficially owns 117,009 shares directly.
Cloudflare, Inc. Chief Legal Officer Douglas James Kramer reported a tax-related share disposition. On February 15, 2026, 12,452 shares of Class A common stock were withheld at $195.85 per share to satisfy his tax liability from vesting RSUs. After this withholding, he directly held 88,649 shares.
Cloudflare, Inc. Chief Accounting Officer Janel Riley reported a tax-related share disposition tied to vesting of restricted stock units. On February 15, 2026, 3,151 shares of Class A common stock were withheld at $195.85 per share to satisfy tax liabilities. After this tax-withholding disposition, Riley directly owned 60,951 shares of Cloudflare Class A common stock.