Insider and congress filings

Cloudflare, Inc. (NET)

NYSE · Technology · 280 insider transactions · 25 congress trades · last filed 7 days ago

12
Open-market insider filings shown
1d
Median delay on the insider filings, in business days
within the two business day rule
0 buys·12 sells
Purchases and sales in the filings shown
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About Cloudflare, Inc.

from the company's filings and listing, as of Oct 24, 2026
Exchange
NYSE
Sector
Technology
Industry
Software - Infrastructure
Chief executive
Matthew Prince
Employees
5,156
Listed since
-
Market value
$116.0B
Price to earnings (12 mo)
-
Net income per share, as reported (12 mo)
-$0.58
Dividend yield
-

www.cloudflare.com

Company news

2 articles · newest first
HeadlineSourceDate
Cloudflare says more than 10 million developers are building on its platformThat count rose from 7.4 million in the prior quarter, according to the company.Company releaseOct 20, 2026
Cloudflare expands partner network to help enterprises deploy AICloudflare is partnering with professional service teams to train enterprise staff on AI tools in Cloudflare OS.Company releaseOct 19, 2026

Written by GetSignal with AI from the company's own SEC filings and press releases; each article links to its source. Not investment advice. Company news from every company we cover

Earnings

6 reported quarters · next on Nov 5, 2026
QuarterEPSEPS expectedRevenueRevenue expectedResult
Q2 FY2026reported Aug 6, 2026$0.29$0.27$696.1M$664.7MEPS beatRevenue beat
Q1 FY2026reported May 7, 2026$0.25$0.23$639.8M$620.8MEPS beatRevenue beat
Q4 FY2025reported Feb 10, 2026$0.28$0.27$614.5M$591.3MEPS beatRevenue beat
Q3 FY2025reported Oct 30, 2025$0.27$0.23$562.0M$544.6MEPS beatRevenue beat
Q2 FY2025reported Jul 31, 2025$0.21$0.18$512.3M$501.3MEPS beatRevenue beat
Q1 FY2025reported May 8, 2025$0.16$0.16$479.1M$469.3MEPS missRevenue beat

Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.

Executive pay

as filed for fiscal 2025 · proxy filed Jun 9, 2026
ExecutiveSalaryStock awardsOtherTotal
Matthew PrinceChief Executive Officer$538K$58.3M$1.8M$60.6M
Michelle ZatlynPresident$538K$58.3M$1.3M$60.0M
Thomas SeifertChief Financial Officer$750K$10.0M$0$10.7M

The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. 1 executive who has since left the company is named in that filing and not shown here. Read the filing

Institutional holders

13F positions as of Jun 30, 2026
HolderValueSharesShares vs prior qtr% of shares out
Capital World Investors$6.0B24,325,692+7.0%6.87%
BlackRock, Inc.$5.3B21,598,907+2.4%6.10%
Vanguard Portfolio Management LLC$4.1B16,819,726+4.9%4.75%
Morgan Stanley$3.7B15,258,327-3.9%4.31%
Baillie Gifford & Co$3.6B14,598,594-8.3%4.12%
Vanguard Capital Management LLC$3.5B14,430,365+5.2%4.07%
FMR LLC$3.1B12,655,471-6.7%3.57%
Capital International Investors$2.7B10,981,005+0.8%3.10%
State Street Corp$1.8B7,420,765+3.4%2.10%
Geode Capital Management, LLC$1.5B5,963,905-0.5%1.68%
Jennison Associates LLC$1.3B5,419,068+23.3%1.53%
JPMorgan Chase & Co.$1.3B5,269,562-10.7%1.49%

A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.

Tracked fund managers holding NET

2 managers
ManagerValueSharesShare of book
Two Sigma$634.3M2,586,1830.5%
Element Capital Management$3.7M15,0000.1%

2 of the 97 fund managers we track list NET shares among the largest positions in their latest 13F, filed for Q2 2026. A manager can hold it further down the book too, so this is a floor, not a count. Share of book is the position against the manager's whole disclosed 13F value.

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Open-market insider trades

12 filings shown · newest filing first
InsiderActionSharesPriceValueTrade dateDelay
(business days)
Thomas J. SeifertChief Financial OfficerSold · scheduled · 7 lines12,500$299.59$3.7MOct 19, 2026filed Oct 19, 20260d
Carl LedbetterDirectorSold · scheduled · 3 lines5,000$304.40$1.5MOct 19, 2026filed Oct 19, 20260d
Michelle ZatlynPresident and Board Co-ChairSold · scheduled · 7 lines33,003$348.29$11.5MOct 7, 2026filed Oct 7, 20260d
Michelle ZatlynPresident and Board Co-ChairSold · scheduled · 6 lines33,003$366.76$12.1MOct 6, 2026filed Oct 7, 20261d
Michelle ZatlynPresident and Board Co-ChairSold · scheduled · 8 lines33,003$352.60$11.6MOct 5, 2026filed Oct 7, 20262d
Carl LedbetterDirectorSold · scheduled5,000$353.15$1.8MSep 22, 2026filed Sep 23, 20261d
Thomas J. SeifertChief Financial OfficerSold · scheduled · 8 lines9,000$332.78$3.0MSep 17, 2026filed Sep 21, 20262d
Carl LedbetterDirectorSold · scheduled · 4 lines5,000$312.22$1.6MSep 14, 2026filed Sep 15, 20261d
Michelle ZatlynPresident & Board Co-ChairSold · scheduled · 7 lines33,003$277.43$9.2MSep 8, 2026filed Sep 8, 20260d
Michelle ZatlynPresident & Board Co-ChairSold · scheduled · 4 lines33,003$281.67$9.3MSep 4, 2026filed Sep 8, 20261d
Michelle ZatlynPresident & Board Co-ChairSold · scheduled · 6 lines33,003$278.92$9.2MSep 3, 2026filed Sep 8, 20262d
Michelle ZatlynPresident and Board Co-ChairSold · scheduled · 3 lines6,305$279.85$1.8MAug 21, 2026filed Aug 21, 20260d

One row is one filing, newest filing first. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count. Scheduled: set up in advance under a Rule 10b5-1 trading plan. The delay counts business days from the trade to the filing, the unit of Form 4's two business day deadline: weekends and federal holidays are skipped. How the filing itself works is explained in our guide to Form 4.

Other Form 4 activity (16)
InsiderEventSharesDate
Thomas J. SeifertChief Financial OfficerOption exercise12,500Oct 19, 2026
Thomas J. SeifertChief Financial OfficerTax withholding2,944Oct 15, 2026
Michelle ZatlynPresident and Board Co-ChairOption exercise33,003Oct 6, 2026
Michelle ZatlynPresident and Board Co-ChairOption exercise33,003Oct 7, 2026
Michelle ZatlynPresident and Board Co-ChairOption exercise33,003Oct 5, 2026
Michelle ZatlynPresident and Board Co-ChairConversion33,003Oct 7, 2026
Thomas J. SeifertChief Financial OfficerOption exercise10,000Sep 17, 2026
Thomas J. SeifertChief Financial OfficerConversion10,000Sep 17, 2026
Thomas J. SeifertChief Financial OfficerTax withholding2,944Sep 15, 2026
Michelle ZatlynPresident & Board Co-ChairOption exercise33,003Sep 4, 2026
Michelle ZatlynPresident & Board Co-ChairOption exercise33,003Sep 8, 2026
Michelle ZatlynPresident & Board Co-ChairOption exercise33,003Sep 3, 2026
Michelle ZatlynPresident & Board Co-ChairConversion33,003Sep 8, 2026
Michelle ZatlynPresident and Board Co-ChairOption exercise33,003Aug 20, 2026
Michelle ZatlynPresident and Board Co-ChairOption exercise33,003Aug 21, 2026
Michelle ZatlynPresident and Board Co-ChairOption exercise33,003Aug 19, 2026

Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.

Congress trades in NET

20 disclosures of 25 on record · median 26d of the 45 allowed

Since the trade: the stock's move from the trade date to the latest close we hold (figures as of Oct 24, 2026), not the member's result. Not investment advice.

MemberTypeActionAmount disclosedStock since the tradeTrade dateDisclosedDelay
Gilbert Ray Cisneros, Jr.StockSale$1,001 - $15,000+8.1%After the saleS&P 500 -1.0% · +9.1 pts vs S&P 500Aug 18, 2026Sep 10, 202623d
Ro KhannaStockPurchase$1,001 - $15,000+53.2%S&P 500 +2.3% · +50.9 pts vs S&P 500May 21, 2026Jun 9, 202619d
Ro KhannaStockSale$1,001 - $15,000+71.3%After the saleS&P 500 +8.6% · +62.8 pts vs S&P 500Apr 15, 2026May 11, 202626d
Josh GottheimerJointStockSale$1,001 - $15,000+95.2%After the saleS&P 500 +10.7% · +84.5 pts vs S&P 500Feb 4, 2026Mar 16, 202640d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+83.7%S&P 500 +9.8% · +73.9 pts vs S&P 500Jan 30, 2026Feb 13, 202614d
Gilbert Ray Cisneros, Jr.StockSale$1,001 - $15,000+60.7%After the saleS&P 500 +10.1% · +50.7 pts vs S&P 500Dec 24, 2025Jan 12, 202619d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+65.7%S&P 500 +15.1% · +50.7 pts vs S&P 500Nov 18, 2025Dec 15, 202527d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+55.1%S&P 500 +14.4% · +40.7 pts vs S&P 500Oct 17, 2025Nov 18, 202532d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+47.2%S&P 500 +15.6% · +31.6 pts vs S&P 500Sep 12, 2025Oct 10, 202528d
Josh GottheimerJointStockPurchase$1,001 - $15,000+81.7%S&P 500 +27.5% · +54.1 pts vs S&P 500Jun 20, 2025Jul 16, 202526d
Jefferson ShreveStockSale$15,001 - $50,000+128.8%After the saleS&P 500 +30.4% · +98.5 pts vs S&P 500May 12, 2025Jun 22, 202541d
Ro KhannaStockSale$1,001 - $15,000+188.8%After the saleS&P 500 +42.0% · +146.8 pts vs S&P 500Apr 23, 2025May 12, 202519d
Robert BresnahanStockSale$1,001 - $15,000+234.3%After the saleS&P 500 +53.0% · +181.3 pts vs S&P 500Apr 8, 2025May 8, 202530d
Robert BresnahanStockSale$1,001 - $15,000+235.5%After the saleS&P 500 +50.1% · +185.5 pts vs S&P 500Apr 4, 2025Apr 22, 202518d
Robert BresnahanStockPurchase$1,001 - $15,000+88.8%S&P 500 +25.6% · +63.2 pts vs S&P 500Feb 10, 2025Mar 7, 202525d
Ro KhannaStockPurchase$1,001 - $15,000+268.2%S&P 500 +30.3% · +237.9 pts vs S&P 500Oct 22, 2024Nov 8, 202417d
Ro KhannaStockPurchase$1,001 - $15,000+315.2%S&P 500 +38.9% · +276.3 pts vs S&P 500Jun 20, 2024Jul 8, 202418d
Ro KhannaStockPurchase$1,001 - $15,000+317.9%S&P 500 +39.2% · +278.7 pts vs S&P 500Jun 21, 2024Jul 8, 202417d
Ro KhannaStockSale$1,001 - $15,000+647.1%After the saleS&P 500 +93.0% · +554.1 pts vs S&P 500Dec 6, 2022Jan 6, 202331d
Ro KhannaStockPurchase$1,001 - $15,000+552.2%S&P 500 +102.8% · +449.5 pts vs S&P 500Nov 2, 2022Dec 6, 202234d

Since the trade is an estimate, set beside the S&P 500 over the same window, with the gap between the two in percentage points. The filing carries a band, not a fill, and a sale keeps the stock's sign, so a positive figure after a sale means the stock kept rising after it. An option row carries the underlying stock's move. A row marked n/a is one we hold no figure for.

Every Congress trade in NET, filterable by party, chamber, type and account.

Members of Congress reporting a position

2 members · estimate, as of Oct 23, 2026

2 members report a position (estimated). The largest estimated position is in the $1,001 - $15,000 band.

MemberParty, chamberEstimated positionShare of their portfolio
Mike KennedyRepublican · House$1,001 - $15,00011.1%
Gilbert Ray Cisneros, Jr.Democrat · House$1,001 - $15,000<0.1%

Estimate, as of Oct 23, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.

Questions

Are insiders buying or selling NET?

Across the 12 most recent open-market filings shown here, 0 were purchases and 12 were sales. 12 were scheduled in advance under a Rule 10b5-1 plan.

Which members of Congress have traded NET?

Gilbert Ray Cisneros, Jr., Ro Khanna, Josh Gottheimer, Jefferson Shreve and Robert Bresnahan disclosed NET transactions in the filings shown here.

Which members of Congress hold NET?

2 members of Congress report a position in NET in the estimate we hold as of Oct 23, 2026. The estimated positions belong to Mike Kennedy and Gilbert Ray Cisneros, Jr. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.

How quickly are NET trades disclosed?

Insider filings on this page reached the public a median of 1 business day after the transaction (weekends and federal holidays skipped), against the two business days Form 4 allows. Congressional disclosures took a median of 26 days, against the 45 the STOCK Act allows.

How to read a Form 4

A DECISION THE INSIDER MADE

POpen-market purchase. Bought with their own money at the market price.
SOpen-market sale. Sold on the market. A sale marked scheduled was set up in advance under a Rule 10b5-1 plan, often months before.

COMPENSATION PLUMBING

AStock award. Granted as pay, not bought.
MOption exercise. Converting options already held into shares.
FTax withholding. Shares handed back to the company to pay the tax on a grant.
GGift. Given away, with no money changing hands.

Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.

Data as of Oct 26, 2026.

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