Cloudflare, Inc. Chief Financial Officer Thomas J. Seifert filed a Form 4 on September 15, 2026, reporting the withholding of 2,944 shares of Class A Common Stock to satisfy tax obligations connected to the vesting of restricted stock units.

Key Highlights

  • Transaction type: 2,944 shares of Class A Common Stock were withheld (transaction code F) at a price of $327.23 per share on September 15, 2026.
  • Purpose: According to the filing, the shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
  • Direct ownership after transaction: Seifert directly holds 107,902 shares of Class A Common Stock following the reported transaction.
  • Indirect ownership: An additional 92,337 shares are held indirectly by the 2026 Seifert Grantor Retained Annuity Trust dated May 27, 2026, for which Seifert serves as trustee.
  • Filing signatory: The form was signed by Charlotte Bowe, by power of attorney, on September 15, 2026.

Cloudflare CFO Reports RSU Vesting-Related Share Withholding on September 15, 2026

According to the Form 4 filed with the SEC, Thomas J. Seifert, Chief Financial Officer of Cloudflare, Inc. (NYSE:NET), reported a single non-derivative securities transaction dated September 15, 2026. The transaction involved the withholding of 2,944 shares of Class A Common Stock at a price of $327.23 per share. The filing states that these shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units.

Following the reported transaction, the filing discloses that Seifert directly beneficially owns 107,902 shares of Cloudflare Class A Common Stock. In addition, the filing identifies an indirect holding of 92,337 shares held of record by the 2026 Seifert Grantor Retained Annuity Trust dated May 27, 2026, for which Seifert serves as trustee. No derivative securities transactions were reported in Table II of the filing.

The Form 4 was filed as an individual report by one reporting person and was submitted by Charlotte Bowe acting by power of attorney on the same date as the transaction, September 15, 2026. No amendment date was provided, indicating this is an original filing.

What Was Disclosed

Cloudflare CFO Thomas J. Seifert disclosed a tax-related share withholding of 2,944 Class A Common Stock shares at $327.23 per share upon RSU vesting, leaving him with 107,902 shares directly and 92,337 shares held indirectly through a grantor retained annuity trust.