A beneficial ownership statement for Michelle Zatlyn, President and Board Co-Chair of Cloudflare, Inc., was filed with the SEC on August 21, 2026, covering transactions occurring between August 19, 2026 and August 21, 2026.

Key Highlights

  • Reporting person: Michelle Zatlyn, identified in the filing as President and Board Co-Chair of Cloudflare, Inc. (NYSE:NET), and also listed as a Director.
  • Direct holdings: Following the reported transactions, Zatlyn directly beneficially owned 315,300 shares of Class A Common Stock.
  • Indirect holdings: An additional 19,615 shares of Class A Common Stock are held indirectly through The SZ 2021 Irrevocable Trust dated November 6, 2021, for which Zatlyn serves as the appointer.
  • Transaction window: The date of earliest transaction listed is August 19, 2026, and the filing is dated August 21, 2026.
  • Rule 10b5-1 plan: The filing indicates the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Second of two filings: According to the remarks section, this filing is the second of two forms filed to report transactions by the reporting person occurring on August 19, 2026 through August 21, 2026.

Zatlyn's Beneficial Ownership Position at Cloudflare

According to the filing, Michelle Zatlyn holds the roles of President, Board Co-Chair, and Director at Cloudflare, Inc., the internet security and network performance company headquartered at 101 Townsend Street, San Francisco, California. The statement of changes in beneficial ownership covers the period from August 19, 2026 through August 21, 2026 and was signed by Charlotte Bowe by power of attorney on August 21, 2026.

The filing discloses that, following the reported transactions, Zatlyn directly beneficially owned 315,300 shares of Cloudflare Class A Common Stock. An additional 19,615 shares are reported as indirectly held through The SZ 2021 Irrevocable Trust dated November 6, 2021, in which Zatlyn serves as the appointer, according to footnote 1 of the filing. No derivative securities are listed in Table II of the form. The filing also indicates a Rule 10b5-1(c) plan checkbox was checked, meaning the transactions were reported as made pursuant to a pre-established written plan.

The remarks section of the filing states that "this Form 4 is the second of two forms being filed to report transactions by the reporting person occurring on August 19, 2026 through August 21, 2026." No transaction price or transaction code entry appears in Table I of this particular filing, as the table reflects only the resulting beneficial ownership amounts following the transactions covered across both filings.

What Was Disclosed

This filing reported the post-transaction beneficial ownership of Michelle Zatlyn, President and Board Co-Chair of Cloudflare, Inc. (NYSE:NET), showing 315,300 directly held and 19,615 indirectly held shares of Class A Common Stock as of August 21, 2026.