Form 4: Cloudflare's Chief Legal Officer, Douglas James Kramer, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Douglas James Kramer, Cloudflare's Chief Legal Officer, filed a Form 4 detailing changes in his beneficial ownership of company stock.
Summary
- On February 12, 2025, Douglas James Kramer, Chief Legal Officer of Cloudflare, Inc., reported changes in his beneficial ownership of Class A Common Stock and Class B Common Stock.
- The transactions involved the acquisition of 20,000 shares of Class A Common Stock and the disposal of 20,000 shares of Class A Common Stock.
- Following these transactions, Kramer directly owns 210,311 shares of Class A Common Stock.
- Kramer also directly owns derivative securities related to 33,675 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment as it simply reports transactions.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency regarding their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of earliest transaction and deemed execution date for the reported changes in beneficial ownership. |
| 02/14/2025 | Date of signature by power of attorney. |
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