Form 4 Filing for Cloudflare, Inc. (NET)
This SEC filing details transactions made by Thomas J. Seifert, Chief Financial Officer of Cloudflare, Inc. On October 15, 2026, 2,944 shares of Class A Common Stock were withheld to cover tax liabilities related to the vesting of restricted stock units. On October 19, 2026, 12,500 performance stock options were exercised to purchase Class A Common Stock at $44.72 per share. Subsequently, on the same day, 11,701 shares of Class A Common Stock were sold in multiple transactions at prices ranging from $296.84 to $304.48, pursuant to a Rule 10b5-1 trading plan. These sales included a weighted average sale of 1,100 shares at $297.29, 3,401 shares at $298.32, 3,756 shares at $299.36, 2,643 shares at $300.39, 598 shares at $301.99, 502 shares at $303.26, and 500 shares at $304.15. Following these transactions, Mr. Seifert directly owns 104,958 shares of Class A Common Stock. Additionally, he holds 92,337 shares indirectly through a grantor retained annuity trust and has 487,500 shares underlying vested performance stock options.