Prince Matthew 4

4 · Cloudflare, Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

Cloudflare (NET) 10% Owner Matthew Prince Sells Shares

What Happened

Matthew Prince (reported as a 10% owner) sold a total of 13,618 Cloudflare (NET) shares in open-market transactions on March 16–18, 2026, generating approximately $3,102,156 in proceeds. The sales were reported on Form 4 filed March 18, 2026 and were effected pursuant to a Rule 10b5-1 trading plan.

Key Details

Transaction breakdown:
- 4,684 shares at a weighted avg price of $227.19 (range reported: $226.68–$227.66) — $1,064,144
- 8,474 shares at a weighted avg price of $228.08 (range reported: $227.68–$228.65) — $1,932,769
- 460 shares at a weighted avg price of $228.79 (range reported: $228.68–$228.90) — $105,243
Total shares sold: 13,618; total proceeds: ~$3.10 million.
Shares are held of record by The Matthew Prince Revocable Trust (dated Oct 29, 2015); Prince is trustee (footnote F3).
Sales were executed under a pre-established Rule 10b5-1 trading plan adopted Feb 11, 2025 (footnote F1).
Filing notes: this Form 4 is the second of two forms reporting transactions from March 16–18, 2026. The Form 4 was filed March 18, 2026 (no late filing indicated in the provided filing).
Shares owned after the transactions are not specified in the excerpt provided.

Context

Because these sales were made under a Rule 10b5-1 plan, they were likely pre-arranged and follow a schedule rather than indicating an immediate change in insider sentiment. As a reported 10% owner (not solely an executive-title disclosure here), this trade is insider activity to note but should be considered alongside other filings and company fundamentals.

Form 4

Period: 2026-03-16

DirectorCEO & Board Co-Chair10% Owner

Transactions

Sale
Class A Common Stock
[F1][F2][F3]
2026-03-18$227.19/sh−4,684$1,064,144→ 8,934 total(indirect: See footnote)
Sale
Class A Common Stock
[F1][F4][F3]
2026-03-18$228.08/sh−8,474$1,932,769→ 460 total(indirect: See footnote)
Sale
Class A Common Stock
[F1][F5][F3]
2026-03-18$228.79/sh−460$105,243→ 0 total(indirect: See footnote)

Holdings

Footnotes (5)

[F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 11, 2025.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.68 to $227.66, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) through (5) to this Form 4.
[F3]The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.68 to $228.65, inclusive.
[F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.68 to $228.90, inclusive.

Signature

/s/ Chad Skinner, by power of attorney|2026-03-18

1 file