Cloudflare (NET)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-18 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: 2026-03-18 | Code: S (Open market sale) Shares: -15,000 | Price: $227.05 Total Value: $3,405,750.00 Shares Owned After: 938,073 | 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 shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which the reporting person serves as a trustee. --- 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 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/ Chad Skinner, by power of attorney (2026-03-20)