Form 8-K · Current Report · Filed 2024-07-22
Cloudflare, Inc. Announces New Key Executive Change in Control and Severance Policy
On July 17, 2024, Cloudflare, Inc. announced a new Key Executive Change in Control and Severance Policy, which will take effect on September 13, 2024. Under this policy, certain U.S. employees, including named executive officers, will be eligible to receive severance payments and benefits under certain conditions, such as termination outside of the change in control period or during the period for reasons other than cause, death, or disability.
- Filer
- Cloudflare Inc. NET · NYSE
- Filed
- Accession
- 0001477333-24-000062
- CIK
- 0001477333
- Signal
- Low impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$78.66
Next session
+2.9%
Since filing
+254.7%
Latest close
$278.98
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from NET reporting the same item, with the next session's move:
Exhibits (1)
About Cloudflare Inc.
Cloudflare Inc. is a technology company specializing in web infrastructure and website security services. Its primary purpose is to enhance the performance and security of internet-connected assets, operating across a variety of sectors such as e-commerce, finance, healthcare, and more. Cloudflare offers a comprehensive suite of services, including content delivery network (CDN) capabilities, Distributed Denial of Service (DDoS) protection, internet security, and domain name server (DNS) solutions. By optimizing the speed and safety of websites and applications, Cloudflare plays a crucial role in ensuring seamless and secure digital experiences for users. Positioned at the forefront of internet security and network optimization, Cloudflare is essential in supporting the robust operations of millions of websites and applications worldwide, making it a pivotal entity in the digital economy. Its services cater not only to large-scale enterprises but also to smaller businesses and individual users, contributing significantly to global internet stability and efficiency.
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