Matthew Prince - 22 Jun 2026 Form 4 Insider Report for Cloudflare, Inc. (NET)

Reporting relationship: CEO & Board Co-Chair, Director, 10%+ Owner
Issuer ticker: NET
Reported as of: 22 Jun 2026
Net transaction value: -$11,749,771
SEC form: 4
Accepted by SEC: 24 Jun 2026, 19:40:18 UTC
Prior SEC filing: 21 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Charlotte Bowe, by power of attorney

Key filing fact

Matthew Prince filed Form 4 for Cloudflare, Inc. (NET) on 24 Jun 2026.

Key facts

This page summarizes Matthew Prince's Form 4 filing for Cloudflare, Inc. (NET).
10 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 24 Jun 2026, 19:40.

Change

Previous filing in this sequence was filed on 21 May 2026.
Current net transaction value: -$11,749,771.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001786925 Primary reporting owner

Prince Matthew

Relationship: CEO & Board Co-Chair, Director, 10%+ Owner
Address: C/O CLOUDFLARE, INC.,, 405 COMAL STREET, AUSTIN
Signature: /s/ Charlotte Bowe, by power of attorney
Signature date: 24 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NET transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +52,384
Change %
Price
Shares after: 52,384
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F1, F2

NET transaction

Class A Common Stock

Sale

Transaction value: $638,467
Shares: -2,883
Change %: -5.5%
Price: $221.46
Shares after: 49,501
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F4

NET transaction

Class A Common Stock

Sale

Transaction value: $2,167,687
Shares: -9,740
Change %: -20%
Price: $222.56
Shares after: 39,761
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F5

NET transaction

Class A Common Stock

Sale

Transaction value: $2,458,330
Shares: -11,001
Change %: -28%
Price: $223.46
Shares after: 28,760
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F6

NET transaction

Class A Common Stock

Sale

Transaction value: $1,829,542
Shares: -8,153
Change %: -28%
Price: $224.40
Shares after: 20,607
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F7

NET transaction

Class A Common Stock

Sale

Transaction value: $2,548,790
Shares: -11,304
Change %: -55%
Price: $225.48
Shares after: 9,303
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F8

NET transaction

Class A Common Stock

Sale

Transaction value: $1,749,545
Shares: -7,731
Change %: -83%
Price: $226.30
Shares after: 1,572
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F9

NET transaction

Class A Common Stock

Sale

Transaction value: $335,280
Shares: -1,475
Change %: -94%
Price: $227.31
Shares after: 97
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F10

NET transaction

Class A Common Stock

Sale

Transaction value: $22,130
Shares: -97
Change %: -100%
Price: $228.14
Shares after: 0
Date: 24 Jun 2026
Ownership: See footnote
Footnotes: F2, F3, F11

NET holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 360,807
Date: 22 Jun 2026
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NET transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares: -52,384
Change %: -1.2%
Price: $0.000000^*
Shares after: 4,296,167
Date: 24 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 52,384
Exercise price
Footnotes: F1, F2

NET holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,928,408
Date: 22 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 6,928,408
Exercise price
Footnotes: F1, F12

NET holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,060,000
Date: 22 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 1,060,000
Exercise price
Footnotes: F1, F13

NET holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,951,829
Date: 22 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 2,951,829
Exercise price
Footnotes: F1, F14

NET holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,065,015
Date: 22 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 3,065,015
Exercise price
Footnotes: F1, F15

NET holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,103,139
Date: 22 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 3,103,139
Exercise price
Footnotes: F1, F16

NET holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,000,000
Date: 22 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 2,000,000
Exercise price
Footnotes: F1, F17

NET holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,000,000
Date: 22 Jun 2026
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 2,000,000
Exercise price
Footnotes: F1, F18

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 18 footnotes

Footnote F1

Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.

Footnote F2

The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee.

Footnote F3

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.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.915 to $221.905, inclusive. The reporting person undertakes to provide to 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 (4) through (11) to this Form 4.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.92 to $222.9175, inclusive.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.92 to $223.91, inclusive.

Footnote F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.92 to $224.9175, inclusive.

Footnote F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.925 to $225.9225, inclusive.

Footnote F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.925 to $226.9175, inclusive.

Footnote F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.9275 to $227.8775, inclusive.

Footnote F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.12 to $228.17, inclusive.

Footnote F12

The shares are held of record by The Prince Family Nonexempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.

Footnote F13

The shares are held of record by The Prince Family Exempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.

Footnote F14

The shares are held of record by 2021 Remainder Trust.

Footnote F15

The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust dated 05/20/2024, for which the reporting person serves as co-trustee and investment advisor.

Footnote F16

The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust 2 dated August 20, 2024, for which the reporting person serves as co-trustee and investment advisor.

Footnote F17

The shares are held of record by The Matthew Prince 2025 Grantor Retained Annuity Trust dated May 10, 2025, for which the reporting person serves as an investment advisor.

Footnote F18

The shares are held of record by The Matthew Prince 2025 Grantor Retained Annuity Trust 2 dated August 11, 2025, for which the reporting person serves as co-trustee and investment advisor.

SEC remarks

This Form 4 is the second of two forms being filed to report transactions by the reporting person occurring on June 22, 2026 through June 24, 2026.