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Cloudflare, Inc.

Carl Ledbetter (Director) sells NET shares

4NETFiled Oct 19, 2026, 7:06 PM ET· Period Oct 19, 2026

AI-generated summary

Director Carl Ledbetter sold 5,000 shares of Cloudflare, Inc. Class A Common Stock for an approximate value of $1.5M on October 19, 2026. The sales were executed indirectly through a trust under a Rule 10b5-1 trading plan adopted on February 25, 2026. Following these transactions, the reporting person indirectly holds 868,073 shares.

Key facts

Insider
Carl Ledbetter · Director

Rule 10b5-1 plan · adopted Feb 25, 2026

DateTransactionSharesPriceValueHeld afterOwnership
Oct 19, 2026S · open-market saleFootnotes F1, F2, F3−1,931$303.64$586,320.73871,142Indirect (See footnote)
Oct 19, 2026S · open-market saleFootnotes F1, F4, F3−1,963$304.47$597,683.25869,179Indirect (See footnote)
Oct 19, 2026S · open-market saleFootnotes F1, F5, F3−1,106$305.60$337,989.84868,073Indirect (See footnote)
Footnotes
  1. 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 25, 2026.
  2. F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.015 to $303.89, 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.
  3. 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.
  4. F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $304.055 to $305.05, inclusive.
  5. F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $305.55 to $306.065, inclusive.

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Not investment advice. Summaries can contain errors; the SEC filing is the official record.