Zatlyn Michelle 的 Form 4 申報

Cloudflare, Inc.（NET），2026/8/21 申報

申報編號: 0001786951-26-000018
申報時間: 2026/8/21 17:28 ET
交易日: 2026/8/19-8/21
申報延遲: 2 天
10b5-1 計畫: 有勾選

SEC EDGAR 原文（在新分頁開啟）

這份申報列了 29 筆非衍生性交易、9 筆衍生性交易。公開市場賣出合計 $2,829 萬。交易後 2 天申報。

申報人

一份 Form 4 可以有好幾位申報人，例如本人與他控制的基金。各交易表上顯示的是第一位。

這份申報的申報人
申報人	與公司的關係
Zatlyn MichelleCIK 0001786951	董事、高階主管（President and Board Co-Chair）

非衍生性證券（表 I）

普通股等股票的取得與處分，每一列是申報上的一筆。

非衍生性證券的交易
交易日	證券	交易	股數	價格	金額	交易後持股	持有方式
2026/8/19	Class A Common Stock	C轉換取得	+33,003	–^F1	–	102,778	間接
2026/8/19	Class A Common Stock	S賣出處分	−4,298	$290.86^F4	−$1,250,134.76	98,480	間接
2026/8/19	Class A Common Stock	S賣出處分	−3,971	$291.78^F5	−$1,158,638.53	94,509	間接
2026/8/19	Class A Common Stock	S賣出處分	−1,546	$292.87^F6	−$452,770.68	92,963	間接
2026/8/19	Class A Common Stock	S賣出處分	−1,420	$293.42^F7	−$416,663.07	91,543	間接
2026/8/19	Class A Common Stock	S賣出處分	−10,604	$295.31^F8	−$3,131,503.29	80,939	間接
2026/8/19	Class A Common Stock	S賣出處分	−7,566	$296.31^F9	−$2,241,898.86	73,373	間接
2026/8/19	Class A Common Stock	S賣出處分	−1,554	$297.10^F10	−$461,692.16	71,819	間接
2026/8/19	Class A Common Stock	S賣出處分	−824	$297.99^F11	−$245,545	70,995	間接
2026/8/19	Class A Common Stock	S賣出處分	−1,217	$298.98^F12	−$363,864.5	69,778	間接
2026/8/19	Class A Common Stock	S賣出處分	−3	$300.84	−$902.51	69,775	間接
2026/8/20	Class A Common Stock	C轉換取得	+33,003	–^F1	–	102,778	間接
2026/8/20	Class A Common Stock	S賣出處分	−7,007	$283.21^F13	−$1,984,469.99	95,771	間接
2026/8/20	Class A Common Stock	S賣出處分	−8,646	$284.05^F14	−$2,455,900.62	87,125	間接
2026/8/20	Class A Common Stock	S賣出處分	−8,467	$285.16^F15	−$2,414,428.55	78,658	間接
2026/8/20	Class A Common Stock	S賣出處分	−3,109	$286.10^F16	−$889,476.82	75,549	間接
2026/8/20	Class A Common Stock	S賣出處分	−2,335	$287.00^F17	−$670,149.2	73,214	間接
2026/8/20	Class A Common Stock	S賣出處分	−2,544	$288.01^F18	−$732,699.48	70,670	間接
2026/8/20	Class A Common Stock	S賣出處分	−136	$289.30^F19	−$39,345.37	70,534	間接
2026/8/20	Class A Common Stock	S賣出處分	−759	$291.80^F20	−$221,476.96	69,775	間接
2026/8/21	Class A Common Stock	C轉換取得	+33,003	–^F1	–	102,778	間接
2026/8/21	Class A Common Stock	S賣出處分	−2,206	$274.47^F21	−$605,485.45	100,572	間接
2026/8/21	Class A Common Stock	S賣出處分	−8,990	$275.66^F22	−$2,478,196.89	91,582	間接
2026/8/21	Class A Common Stock	S賣出處分	−4,236	$276.67^F23	−$1,171,955.06	87,346	間接
2026/8/21	Class A Common Stock	S賣出處分	−5,642	$277.95^F24	−$1,568,175.28	81,704	間接
2026/8/21	Class A Common Stock	S賣出處分	−5,624	$278.78^F25	−$1,567,872.78	76,080	間接
2026/8/21	Class A Common Stock	S賣出處分	−5,259	$279.72^F26	−$1,471,039.59	70,821	間接
2026/8/21	Class A Common Stock	S賣出處分	−956	$280.42^F27	−$268,080.47	69,865	間接
2026/8/21	Class A Common Stock	S賣出處分	−90	$281.31	−$25,317.9	69,775	間接

衍生性證券（表 II）

選擇權、認股權證、限制型股票單位等。股數是標的股票的股數；單價與金額是衍生證券本身的價格，交易後持有是衍生證券的單位數。

衍生性證券的交易
交易日	證券	交易	標的股數	單價	金額	交易後持有	持有方式
2026/8/19	Class B Common Stock	M行使選擇權處分	−33,003	$0.00	$0	1,155,105	直接
2026/8/19	Class A Common Stock	M行使選擇權取得	+33,003	$0.00	$0	33,003	直接
2026/8/19	Class A Common Stock	C轉換處分	−33,003	$0.00	$0	0	直接
2026/8/20	Class B Common Stock	M行使選擇權處分	−33,003	$0.00	$0	1,122,102	直接
2026/8/20	Class A Common Stock	M行使選擇權取得	+33,003	$0.00	$0	33,003	直接
2026/8/20	Class A Common Stock	C轉換處分	−33,003	$0.00	$0	0	直接
2026/8/21	Class B Common Stock	M行使選擇權處分	−33,003	$0.00	$0	1,089,099	直接
2026/8/21	Class A Common Stock	M行使選擇權取得	+33,003	$0.00	$0	33,003	直接
2026/8/21	Class A Common Stock	C轉換處分	−33,003	$0.00	$0	0	直接

附註與備註

本站收錄交易價格引用的附註、修正申報（Form 4/A）的全部附註，以及申報的備註。其他附註，例如間接持有的方式、交易計畫的細節，請看 SEC EDGAR 上的原文。

Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.

表 I 有 3 筆交易的價格引用這則附註。

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.21 to $291.15, 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 (4) through (27) to this Form 4.

表 I 有 1 筆交易的價格引用這則附註。

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.22 to $292.20, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.25 to $293.25, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.295 to $293.85, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.79 to $295.78, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.80 to $296.7875, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.81 to $297.49, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.835 to $298.78, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.84 to $299.15, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $282.58 to $283.55, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $283.60 to $284.58, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.61 to $285.61, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F16

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.62 to $286.57, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F17

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.65 to $287.64, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F18

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.67 to $288.64, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F19

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.68 to $289.68, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F20

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.72 to $292.095, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F21

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.11 to $275.11, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F22

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.175 to $276.16, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F23

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.19 to $277.19, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F24

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.20 to $278.17, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F25

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.21 to $279.05, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F26

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $279.2275 to $280.20, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

F27

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $280.27 to $280.85, inclusive.

表 I 有 1 筆交易的價格引用這則附註。

備註

This Form 4 is the first of two forms being filed to report transactions by the reporting person occurring on August 19, 2026 through August 21, 2026.

看 SEC EDGAR 上的完整原文（在新分頁開啟）