Zatlyn Michelle's Form 4 filing
Cloudflare, Inc. (NET) · filed Feb 23, 2026
- Accession no.
- 0001104659-26-018740
- Filed
- Feb 23, 2026
- Trade date
- Feb 19-23, 2026
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
This filing lists 20 non-derivative transactions and 9 derivative transactions. Open-market sales total $15.9M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Zatlyn MichelleCIK 0001786951 | Director, Officer (President and Board Co-Chair) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 19, 2026 | Class A Common Stock | CConversionAcquired | +25,641 | – | – | 69,594 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −2,341 | $183.86 | −$430,416.26 | 67,253 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −5,399 | $184.60 | −$996,655.4 | 61,854 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −6,946 | $185.80 | −$1,290,566.8 | 54,908 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −9,174 | $186.89 | −$1,714,528.86 | 45,734 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −2,343 | $187.96 | −$440,390.28 | 43,391 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −463 | $188.64 | −$87,340.32 | 42,928 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −1,208 | $190.30 | −$229,882.4 | 41,720 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −2,401 | $191.42 | −$459,599.42 | 39,319 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −4,637 | $192.32 | −$891,787.84 | 34,682 | Indirect | |
| Feb 19, 2026 | Class A Common Stock | SSaleDisposed | −168 | $193.11 | −$32,442.48 | 34,514 | Indirect | |
| Feb 20, 2026 | Class A Common Stock | CConversionAcquired | +25,641 | – | – | 60,155 | Indirect | |
| Feb 20, 2026 | Class A Common Stock | SSaleDisposed | −746 | $190.77 | −$142,314.42 | 59,409 | Indirect | |
| Feb 20, 2026 | Class A Common Stock | SSaleDisposed | −7,953 | $191.76 | −$1,525,067.28 | 51,456 | Indirect | |
| Feb 20, 2026 | Class A Common Stock | SSaleDisposed | −9,496 | $192.73 | −$1,830,164.08 | 41,960 | Indirect | |
| Feb 20, 2026 | Class A Common Stock | SSaleDisposed | −7,446 | $193.71 | −$1,442,364.66 | 34,514 | Indirect | |
| Feb 23, 2026 | Class A Common Stock | CConversionAcquired | +25,641 | – | – | 60,155 | Indirect | |
| Feb 23, 2026 | Class A Common Stock | SSaleDisposed | −9,564 | $172.07 | −$1,645,677.48 | 50,591 | Indirect | |
| Feb 23, 2026 | Class A Common Stock | SSaleDisposed | −13,259 | $173.01 | −$2,293,939.59 | 37,332 | Indirect | |
| Feb 23, 2026 | Class A Common Stock | SSaleDisposed | −2,818 | $173.97 | −$490,247.46 | 34,514 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 19, 2026 | Class B Common Stock | MOption exerciseDisposed | −25,641 | $0.00 | $0 | 1,646,146 | Direct | |
| Feb 19, 2026 | Class A Common Stock | MOption exerciseAcquired | +25,641 | $0.00 | $0 | 25,641 | Direct | |
| Feb 19, 2026 | Class A Common Stock | CConversionDisposed | −25,641 | $0.00 | $0 | 0 | Direct | |
| Feb 20, 2026 | Class B Common Stock | MOption exerciseDisposed | −25,641 | $0.00 | $0 | 1,620,505 | Direct | |
| Feb 20, 2026 | Class A Common Stock | MOption exerciseAcquired | +25,641 | $0.00 | $0 | 25,641 | Direct | |
| Feb 20, 2026 | Class A Common Stock | CConversionDisposed | −25,641 | $0.00 | $0 | 0 | Direct | |
| Feb 23, 2026 | Class B Common Stock | MOption exerciseDisposed | −25,641 | $0.00 | $0 | 1,594,864 | Direct | |
| Feb 23, 2026 | Class A Common Stock | MOption exerciseAcquired | +25,641 | $0.00 | $0 | 25,641 | Direct | |
| Feb 23, 2026 | Class A Common Stock | CConversionDisposed | −25,641 | $0.00 | $0 | 0 | Direct |
Footnotes
Livermore does not store Form 4 footnotes. For price ranges, how indirect holdings are held and trading plan details, read the original on SEC EDGAR.