4Filing Date: May 5, 2026

Cloudflare (NET)

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0001366574-26-000012
Total Value$3.57M
Trades2
Insiders1

Transaction Details

Ledbetter Carl
Director·Indirect · See footnote
Sell · Dispose
Class A Common Stock
Shares-15.00K
Price$238.12
Total Value$3.57M
Shares Owned After908.07K
Transaction DateMay 5, 2026
10b5-1
Footnotes ▸

The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2025. | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.80 to $238.57, 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. | The shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which the reporting person serves as a trustee.

Ledbetter Carl
Director·Direct
Class A Common Stock
Shares0
Price-
Total Value$0
Shares Owned After19.60K
10b5-1Holding Only

Post-Transaction Holdings

Ledbetter Carl · Director
SecuritySharesChange
Class A Common Stock927.67K-15.00K (-1.59%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-05-05 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: Cloudflare, Inc. (NET) CIK: 0001477333 --- Reporting Owner --- Name: Ledbetter Carl CIK: 0001366574 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-05-05 | Code: S (Open market sale) Shares: -15,000 | Price: $238.12 Total Value: $3,571,797.00 Shares Owned After: 908,073 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [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 14, 2025. [F2] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.80 to $238.57, 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. [F3] The shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which the reporting person serves as a trustee. --- Holdings --- [Holding #1] Security: Class A Common Stock Ownership: D (Direct) --- Footnotes (Complete Index) --- 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 14, 2025. F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.80 to $238.57, 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. F3: The shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which the reporting person serves as a trustee. --- Signature --- /s/ /s/ Charlotte Bowe, by power of attorney (2026-05-05)

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