Cloudflare (NET) executive compensation, 2026 proxy

Matthew Prince, Chief Executive Officer, was paid $60.6M in 2025. The CEO-to-median-employee pay ratio was 387:1, on median employee pay of $156,306.

Filed
June 9, 2026
Annual meeting
June 30, 2026
Pay year
2025
Named executives
4
CEO total pay
$60.6M2025
CEO to median employee
387:1median $156,306
CEO pay in equity
96%$58.3M in awards
CEO stock awards
$58,251,101Grant-date fair value
President total pay
$60,045,1602025 total compensation
CFO total pay
$10,741,5052025 total compensation
Legal officer total pay
$5,645,7532025 total compensation
CEO pay actually paid
$97,692,067Pay-versus-performance table

How Prince was paid

$60.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary1%Stock awards96%All other compensation3%

Named executive officers

ExecutiveTotal
Matthew PrinceChief Executive Officer$60,551,052
Michelle ZatlynPresident$60,045,160
Thomas SeifertChief Financial Officer$10,741,505
Douglas KramerFormer Chief Legal Officer and Secretary$5,645,753

What changed and why

  • $58.3M$58.3 million: Prince's 2025 stock awards dominated his $60.6 million total compensation.
  • $538K$537,500: Prince and Zatlyn's reported salaries reflected a February 2025 increase to $550,000.
  • $1.35M$1.35 million: Prince's other compensation included personal corporate-aircraft use by him, family members, and guests.
  • $1.25M$1.25 million: Zatlyn's other compensation included personal corporate-aircraft use by her, family members, and guests.
  • 175,111 shares: Prince and Zatlyn each received performance-based stock units tied to stock-price goals and service.
  • 387:1: Cloudflare's CEO-to-median-employee pay ratio for fiscal 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.