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Graham-Cumming John

Disclosed activity across 1 company

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24709
SEC CIK
0002062725

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Cloudflare, Inc.NET · Entity 2910DirectorAugust 10, 2026August 11, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Cloudflare, Inc.

Report date August 10, 2026 · Filed August 11, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class A Common StockSEC Table I · non-derivativeDirect494,909 Ending reported balance After 2026-08-10 transaction · row 18
18 source rows · reconciled sequence

Row 1 · 2026-08-10 · Exercise / conversion · Acquired 2,520 · Balance 497,429

Row 2 · 2026-08-10 · Sale · Disposed 64 · Balance 497,365

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.48 to $293.15, 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 (2) through (17) to this Form 4.

Row 3 · 2026-08-10 · Sale · Disposed 78 · Balance 497,287

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.37 to $295.325, inclusive.

Row 4 · 2026-08-10 · Sale · Disposed 36 · Balance 497,251

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.455 to $295.87, inclusive.

Row 5 · 2026-08-10 · Sale · Disposed 68 · Balance 497,183

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.205 to $298.18, inclusive.

Row 6 · 2026-08-10 · Sale · Disposed 81 · Balance 497,102

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.27 to $299.17, inclusive.

Row 7 · 2026-08-10 · Sale · Disposed 96 · Balance 497,006

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.285 to $300.21, inclusive.

Row 8 · 2026-08-10 · Sale · Disposed 97 · Balance 496,909

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.44 to $301.345, inclusive.

Row 9 · 2026-08-10 · Sale · Disposed 309 · Balance 496,600

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.5525 to $302.54, inclusive.

Row 10 · 2026-08-10 · Sale · Disposed 404 · Balance 496,196

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.56 to $303.56, inclusive.

Row 11 · 2026-08-10 · Sale · Disposed 199 · Balance 495,997

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.585 to $304.5225, inclusive.

Row 12 · 2026-08-10 · Sale · Disposed 365 · Balance 495,632

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $304.635 to $305.625, inclusive.

Row 13 · 2026-08-10 · Sale · Disposed 108 · Balance 495,524

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $305.68 to $306.66, inclusive.

Row 14 · 2026-08-10 · Sale · Disposed 85 · Balance 495,439

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.075 to $308.045, inclusive.

Row 15 · 2026-08-10 · Sale · Disposed 186 · Balance 495,253

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.4225 to $309.35, inclusive.

Row 16 · 2026-08-10 · Sale · Disposed 173 · Balance 495,080

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.475 to $310.355, inclusive.

Row 17 · 2026-08-10 · Sale · Disposed 146 · Balance 494,934

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.71 to $311.66, inclusive.

Row 18 · 2026-08-10 · Sale · Disposed 25 · Balance 494,909

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $44.72 · Expires 2032-02-13Direct0 Reported balance After 2026-08-10 transaction · row 19 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 19 · 2026-08-10 · Exercise / conversion · Disposed 2,520 · Balance 0

F18: Shares subject to the option are fully vested and immediately exercisable.

Filing footnotes · ownership attribution and instrument terms

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.48 to $293.15, 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 (2) through (17) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.37 to $295.325, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.455 to $295.87, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.205 to $298.18, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.27 to $299.17, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.285 to $300.21, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.44 to $301.345, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.5525 to $302.54, inclusive.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.56 to $303.56, inclusive.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.585 to $304.5225, inclusive.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $304.635 to $305.625, inclusive.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $305.68 to $306.66, inclusive.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.075 to $308.045, inclusive.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.4225 to $309.35, inclusive.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.475 to $310.355, inclusive.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.71 to $311.66, inclusive.

F18: Shares subject to the option are fully vested and immediately exercisable.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
March 27, 2026 Filed Mar 30, 2026 22:37 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 1,090 $201.60 $219,738.66
Disclosure

SEC source: 0002062725-26-000008 · wk-form4_1774910274.xml · nonDerivative · entry 3

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,265

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.155 to $202.13, inclusive.

Read SEC document
March 27, 2026 Filed Mar 30, 2026 22:37 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 356 $200.56 $71,400.57
Disclosure

SEC source: 0002062725-26-000008 · wk-form4_1774910274.xml · nonDerivative · entry 2

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,355

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.145 to $201.125, 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 (2) through (6) to this Form 4.

Read SEC document
March 27, 2026 Filed Mar 30, 2026 22:37 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionClass A Common Stock 2,520 $44.72 $112,694.40
Disclosure

SEC source: 0002062725-26-000008 · wk-form4_1774910274.xml · nonDerivative · entry 1

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,711

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionStock Option (right to buy) · Derivative 2,520 $0.00 Strike: $44.72 $0.00
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · derivative · entry 9

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 12,600

Underlying: Class A Common Stock · 2,520 shares

Expires 2032-02-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F9 · derivative.exercise_date: Shares subject to the option are fully vested and immediately exercisable.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 525 $180.55 $94,791.27
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 8

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,191

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F8 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.25 to $180.86, inclusive.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 474 $179.69 $85,172.73
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 7

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,716

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.25 to $180.235, inclusive.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 432 $178.71 $77,204.75
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 6

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,190

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.215 to $179.19, inclusive.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 296 $177.81 $52,631.11
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 5

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,622

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.21 to $178.195, inclusive.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 234 $176.49 $41,299.48
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 4

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,918

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.175 to $176.91, inclusive.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 447 $175.66 $78,518.50
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 3

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,152

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.15 to $176.115, inclusive.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 112 $174.43 $19,536.45
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 2

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,599

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.135 to $174.66, 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 (2) through (8) to this Form 4.

Read SEC document
March 02, 2026 Filed Mar 3, 2026 21:42 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionClass A Common Stock 2,520 $44.72 $112,694.40
Disclosure

SEC source: 0002062725-26-000006 · form4-03032026_090329.xml · nonDerivative · entry 1

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,711

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionStock Option (right to buy) · Derivative 2,520 $0.00 Strike: $44.72 $0.00
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · derivative · entry 8

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 15,120

Underlying: Class A Common Stock · 2,520 shares

Expires 2032-02-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F8 · derivative.exercise_date: Shares subject to the option are fully vested and immediately exercisable.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 24 $175.42 $4,210.08
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · nonDerivative · entry 7

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,191

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.405 to $175.435, inclusive.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 177 $174.61 $30,905.12
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · nonDerivative · entry 6

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,215

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.32 to $174.925, inclusive.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 1,246 $173.76 $216,502.84
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · nonDerivative · entry 5

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,392

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.315 to $174.305, inclusive.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 851 $172.85 $147,098.92
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · nonDerivative · entry 4

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,638

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.31 to $173.30, inclusive.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 190 $171.94 $32,669.38
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · nonDerivative · entry 3

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,489

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.29 to $172.285, inclusive.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 32 $170.15 $5,444.92
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · nonDerivative · entry 2

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,679

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.15 to $170.16, 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 (2) through (7) to this Form 4.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 21:56 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionClass A Common Stock 2,520 $44.72 $112,694.40
Disclosure

SEC source: 0002062725-26-000004 · wk-form4_1770846965.xml · nonDerivative · entry 1

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,711

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionStock Option (right to buy) · Derivative 2,520 $0.00 Strike: $44.72 $0.00
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · derivative · entry 10

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 17,640

Underlying: Class A Common Stock · 2,520 shares

Expires 2032-02-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · derivative.exercise_date: Shares subject to the option are fully vested and immediately exercisable.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 161 $204.66 $32,949.63
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 9

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,191

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F9 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.415 to $204.81, inclusive.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 86 $204.00 $17,544.22
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 8

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,352

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F8 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.41 to $204.39, inclusive.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 177 $202.92 $35,917.37
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 7

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,438

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $202.41 to $203.28, inclusive.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 352 $201.77 $71,023.29
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 6

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,615

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.32 to $202.315, inclusive.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 287 $200.70 $57,602.11
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 5

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,967

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.12 to $201.075, inclusive.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 534 $199.37 $106,464.06
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 4

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,254

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.02 to $199.84, inclusive.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 871 $198.56 $172,941.84
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 3

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,788

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.02 to $199.005, inclusive.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 52 $196.80 $10,233.48
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 2

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,659

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.33 to $197.215, 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 (2) through (9) to this Form 4.

Read SEC document
January 05, 2026 Filed Jan 6, 2026 21:31 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionClass A Common Stock 2,520 $44.72 $112,694.40
Disclosure

SEC source: 0002062725-26-000002 · wk-form4_1767735115.xml · nonDerivative · entry 1

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,711

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionStock Option (right to buy) · Derivative 2,520 $0.00 Strike: $44.72 $0.00
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · derivative · entry 9

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 20,160

Underlying: Class A Common Stock · 2,520 shares

Expires 2032-02-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F9 · derivative.exercise_date: Shares subject to the option are fully vested and immediately exercisable.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 34 $202.65 $6,890.15
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 8

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,191

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F8 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $202.60 to $202.725, inclusive.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 163 $202.03 $32,931.33
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 7

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,225

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.565 to $202.455, inclusive.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 494 $201.09 $99,337.72
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 6

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,388

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.56 to $201.55, inclusive.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 542 $200.11 $108,459.62
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 5

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,882

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.56 to $200.435, inclusive.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 569 $199.03 $113,245.85
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 4

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,424

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.56 to $199.54, inclusive.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 166 $198.19 $32,899.51
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 3

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,993

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.56 to $198.515, inclusive.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 552 $196.85 $108,660.54
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 2

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,159

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.52 to $197.355, 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 (2) through (8) to this Form 4.

Read SEC document
December 15, 2025 Filed Dec 16, 2025 22:01 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionClass A Common Stock 2,520 $44.72 $112,694.40
Disclosure

SEC source: 0002062725-25-000010 · wk-form4_1765922470.xml · nonDerivative · entry 1

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,711

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 Exercise / conversionStock Option (right to buy) · Derivative 2,520 $0.00 Strike: $44.72 $0.00
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · derivative · entry 13

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 22,680

Underlying: Class A Common Stock · 2,520 shares

Expires 2032-02-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F13 · derivative.exercise_date: Shares subject to the option are fully vested and immediately exercisable.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 129 $257.23 $33,182.85
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 12

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,191

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F12 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.955 to $257.665, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 224 $256.37 $57,426.19
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 11

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,320

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F11 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.91 to $256.87, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 84 $255.37 $21,451.20
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 10

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,544

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F10 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.84 to $255.80, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 74 $254.39 $18,824.73
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 9

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,628

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F9 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.74 to $254.73, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 50 $252.88 $12,643.88
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 8

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,702

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F8 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.415 to $253.39, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 211 $251.21 $53,005.84
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 7

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,752

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.88 to $251.72, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 643 $250.28 $160,931.00
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 6

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 495,963

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.845 to $250.84, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 524 $249.41 $130,688.64
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 5

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 496,606

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.84 to $249.835, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 471 $248.03 $116,821.47
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 4

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,130

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.745 to $248.72, inclusive.

Read SEC document
November 03, 2025 Filed Nov 3, 2025 23:41 UTC Cloudflare, Inc. NET · Entity 2910 SaleClass A Common Stock 74 $246.98 $18,276.15
Disclosure

SEC source: 0002062725-25-000008 · wk-form4_1762213265.xml · nonDerivative · entry 3

Graham-Cumming John · CIK 0002062725 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 497,601

F1 · kind: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.615 to $247.34, inclusive.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.