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CLOUDFLARE INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and CLOUDFLARE INC.’s Form 8-K, filed June 9, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 5Ballot items
  • 722Asset managers
  • 3,488Fund votes
  • June 5, 2025Meeting date

Results at a glance

Meeting of June 5, 2025: 5 items on CLOUDFLARE INC.’s Form 8-K, filed June 9, 2025: 3 elected · 2 approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore CLOUDFLARE INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by CLOUDFLARE INC.

These tallies are CLOUDFLARE INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 9, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

CLOUDFLARE INC. — official shareholder meeting results, meeting held June 5, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Stacey Cunningham 577,439,996---- 2,818,87034,431,856 99.5%Elected—
Elect Director: Mark Hawkins 574,499,568---- 5,759,29834,431,856 99.0%Elected—
Elect Director: Carl Ledbetter 548,951,342---- 31,307,52434,431,856 95%Elected—
2. Ratification of the Appointment of Independent Registered Public Accounting Firm 610,200,9583,632,655857,109 ---- 99.4%Approved—
3. Advisory Vote to Approve the Compensation of Named Executive Officers 516,021,76363,622,697614,406 --34,431,856 89%Approved—

Source: CLOUDFLARE INC., Form 8-K, filed with the SEC on June 9, 2025 — read the filing on EDGAR.

How asset managers voted at the CLOUDFLARE INC. 2024-2025 meeting

Each item below shows how the 722 asset managers that disclosed a CLOUDFLARE INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Carl Ledbetter

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 548,951,342WITHHELD: 31,307,524
Details: description as filed, official tally, votes by 134 asset managers

Description as filed by funds: Election of Class III directors: Carl Ledbetter

CLOUDFLARE INC.’s own tally for this item (“Elect Director: Carl Ledbetter”): 548,951,342 for, 31,307,524 withheld, per its Form 8-K filed June 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following nominees were each elected as a Class III director to serve until the Company's 2028 annual meeting of stockholders or until his or her successor is duly elected and qualified.”
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 134 asset managers below reported 119,501,659 for, 3,524,524 withheld, 811,668 abstained, 374 not voted.

FOR
FOR: 119,501,659ABSTAIN: 811,668WITHHOLD: 3,524,524NOT VOTED: 374
Largest asset managers voting on “Election of Class III directors: Carl Ledbetter” at CLOUDFLARE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard34,483,3680 33,325For
Capital Group32,319,7430 00For
Fidelity13,752,1450 00For
BlackRock7,530,7170 00For
Morgan Stanley6,189,8660 05,052For
First Trust4,148,8050 00For
American Century2,212,7840 00For
Transamerica1,503,5520 00For
Franklin Custodian Funds00 01,500,000Withhold
Charles Schwab1,282,6910 0263For
JPMorgan1,180,6620 00For
Invesco1,143,8550 00For
Brighthouse1,126,0260 02,800For
Lord Abbett863,0780 00For
CARILLON SERIES TRUST750,5380 00For
TIAA713,7590 00For
Waddell & Reed687,9290 00For
Amplify ETF Trust00 631,7800Abstain
Jackson National536,7810 2,5400For
FRANKLIN STRATEGIC SERIES00 0524,056Withhold
T. Rowe Price454,4500 00For
NEW ECONOMY FUND449,8390 00For
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)428,1350 00For
TOUCHSTONE FUNDS GROUP TRUST427,4820 00For
Victory Capital420,0040 00For

Showing the 25 largest of 134 asset managers. See all 134 in the interactive database.

2. Elect Director: Mark Hawkins

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 574,499,568WITHHELD: 5,759,298
Details: description as filed, official tally, votes by 134 asset managers

Description as filed by funds: Election of Class III directors: Mark Hawkins

CLOUDFLARE INC.’s own tally for this item (“Elect Director: Mark Hawkins”): 574,499,568 for, 5,759,298 withheld, per its Form 8-K filed June 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following nominees were each elected as a Class III director to serve until the Company's 2028 annual meeting of stockholders or until his or her successor is duly elected and qualified.”
Support: 99.0% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 134 asset managers below reported 123,193,094 for, 639,152 withheld, 5,604 abstained, 374 not voted.

FOR
FOR: 123,193,094ABSTAIN: 5,604WITHHOLD: 639,152NOT VOTED: 374
Largest asset managers voting on “Election of Class III directors: Mark Hawkins” at CLOUDFLARE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard34,486,6950 00For
Capital Group32,319,7430 00For
Fidelity13,752,1450 00For
BlackRock7,530,7170 00For
Morgan Stanley6,189,8660 05,052For
First Trust4,148,8050 00For
American Century2,212,7840 00For
Transamerica1,503,5520 00For
Franklin Custodian Funds1,500,0000 00For
Charles Schwab1,282,9540 00For
JPMorgan1,180,6620 00For
Invesco1,143,8550 00For
Brighthouse1,127,9260 0900For
Lord Abbett863,0780 00For
CARILLON SERIES TRUST750,5380 00For
TIAA713,7590 00For
Waddell & Reed687,9290 00For
Amplify ETF Trust631,7800 00For
Jackson National539,3210 00For
FRANKLIN STRATEGIC SERIES524,0560 00For
T. Rowe Price454,4500 00For
NEW ECONOMY FUND449,8390 00For
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)428,1350 00For
TOUCHSTONE FUNDS GROUP TRUST427,4820 00For
Victory Capital420,0040 00For

Showing the 25 largest of 134 asset managers. See all 134 in the interactive database.

3. Elect Director: Stacey Cunningham

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 577,439,996WITHHELD: 2,818,870
Details: description as filed, official tally, votes by 134 asset managers

Description as filed by funds: Election of Class III directors: Stacey Cunningham

CLOUDFLARE INC.’s own tally for this item (“Elect Director: Stacey Cunningham”): 577,439,996 for, 2,818,870 withheld, per its Form 8-K filed June 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following nominees were each elected as a Class III director to serve until the Company's 2028 annual meeting of stockholders or until his or her successor is duly elected and qualified.”
Support: 99.5% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 134 asset managers below reported 122,654,532 for, 1,155,208 withheld, 28,110 abstained, 374 not voted.

FOR
FOR: 122,654,532ABSTAIN: 28,110WITHHOLD: 1,155,208NOT VOTED: 374
Largest asset managers voting on “Election of Class III directors: Stacey Cunningham” at CLOUDFLARE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard34,486,6950 00For
Capital Group32,319,7430 00For
Fidelity13,752,1450 00For
BlackRock7,530,7170 00For
Morgan Stanley6,194,9180 00For
First Trust4,148,8050 00For
American Century2,212,7840 00For
Transamerica1,503,5520 00For
Franklin Custodian Funds1,500,0000 00For
Charles Schwab1,282,9540 00For
JPMorgan1,180,6620 00For
Invesco00 01,143,855Withhold
Brighthouse1,127,9260 0900For
Lord Abbett863,0780 00For
CARILLON SERIES TRUST750,5380 00For
TIAA713,7590 00For
Waddell & Reed687,9290 00For
Amplify ETF Trust631,7800 00For
Jackson National539,3210 00For
FRANKLIN STRATEGIC SERIES524,0560 00For
T. Rowe Price454,4500 00For
NEW ECONOMY FUND449,8390 00For
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)428,1350 00For
TOUCHSTONE FUNDS GROUP TRUST427,4820 00For
Victory Capital420,0040 00For

Showing the 25 largest of 134 asset managers. See all 134 in the interactive database.

4. 3. Advisory Vote to Approve the Compensation of Named Executive Officers

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 19 wordings of this item as funds reported it.

89% Approved · of votes cast

FOR 89%
FOR: 516,021,763AGAINST: 63,622,697
Details: description as filed, official tally, votes by 720 asset managers

Description as filed by funds: APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.

CLOUDFLARE INC.’s own tally for this item (“3. Advisory Vote to Approve the Compensation of Named Executive Officers”): 516,021,763 for, 63,622,697 against — passed, per its Form 8-K filed June 9, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The stockholders approved, on an advisory non-binding basis, the compensation of the Company's named executive officers, as disclosed in the 2025 Proxy Statement.”
Support: 89% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of CLOUDFLARE INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “SECTION 14A SAY-ON-PAY VOTES” (2 managers, 551 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 136 asset managers voting on “APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.” at CLOUDFLARE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard34,483,3653,330 00For
Capital Group032,319,743 00Against
Fidelity13,752,1450 00For
BlackRock5,938,7061,592,011 00Mixed
Morgan Stanley6,194,9180 00For
First Trust4,148,8050 00For
American Century2,212,7840 00For
Transamerica1,503,5520 00For
Franklin Custodian Funds01,500,000 00Against
Charles Schwab1,282,691263 00For
JPMorgan1,180,6620 00For
Invesco1,143,8550 00For
Brighthouse1,126,0261,900 9000For
Lord Abbett863,0780 00For
CARILLON SERIES TRUST750,5380 00For
TIAA713,7590 00For
Waddell & Reed687,9290 00For
Amplify ETF Trust631,7800 00For
Jackson National384,520154,801 00Mixed
FRANKLIN STRATEGIC SERIES0524,056 00Against
T. Rowe Price454,4500 00For
NEW ECONOMY FUND0449,839 00Against
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)428,1350 00For
TOUCHSTONE FUNDS GROUP TRUST0427,482 00Against
Victory Capital420,0040 00For

Fund voting reports, all 136 managers: 85,084,158 for, 38,676,607 against, 900 abstained, 374 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 612 asset managers voting on “APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.” at CLOUDFLARE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group12934,854,830 00Against
Morgan Stanley18,622,5740 00For
Fidelity13,545,1280 00For
BlackRock9,752,724809,510 00Mixed
BAILLIE GIFFORD OVERSEAS LTD7,198,8970 00For
BAILLIE GIFFORD & CO LTD6,315,9140 00For
State Street5,276,558103,996 00For
GEODE CAPITAL MANAGEMENT, LLC5,299,0410 00For
SANDS CAPITAL MANAGEMENT, LLC03,933,860 00Against
FRANKLIN ADVISERS INC03,308,670 00Against
American Century2,781,7870 00For
Legal & General Investment Management Ltd28,1922,370,151 00Against
BAILLIE GIFFORD & CO2,137,2670 00For
Voya2,137,1770 00For
1832 Asset Management L.P.2,065,6780 00For
JPMorgan1,644,1470 00For
Northern Trust1,600,92117,755 00For
Charles Schwab1,380,157263 00For
Invesco1,357,0950 00For
Vanguard1,305,6770 00For
PICTET ASSET MANAGEMENT SA1,151,2460 00For
AustralianSuper Pty Ltd01,094,983 00Against
Strategy Capital LLC1,061,7280 00For
MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST1,006,6470 00For
T. Rowe Price992,3500 00For

Institutional-manager reports, all 612 managers: 111,634,841 for, 56,106,523 against, 48,452 abstained, 12,932 not voted. Showing the 25 largest; see all in the interactive database.

5. 2. Ratification of the Appointment of Independent Registered Public Accounting Firm

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 5 wordings of this item as funds reported it.

99.4% Approved · of votes cast

FOR 99.4%
FOR: 610,200,958AGAINST: 3,632,655
Details: description as filed, official tally, votes by 137 asset managers

Description as filed by funds: Ratification of the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending December 31, 2025.

CLOUDFLARE INC.’s own tally for this item (“2. Ratification of the Appointment of Independent Registered Public Accounting Firm”): 610,200,958 for, 3,632,655 against — passed, per its Form 8-K filed June 9, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment of KPMG LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2025 was ratified.”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 137 asset managers below reported 123,208,000 for, 651,808 against, 10,900 abstained, 374 not voted.

FOR
FOR: 123,208,000AGAINST: 651,808ABSTAIN: 10,900NOT VOTED: 374
Largest asset managers voting on “Ratification of the appointment of KPMG LLP as our independent registered public accounting firm for our fisca” at CLOUDFLARE INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard34,486,6950 00For
Capital Group32,319,7430 00For
Fidelity13,752,1450 00For
BlackRock7,530,7170 00For
Morgan Stanley6,194,9180 00For
First Trust4,148,8050 00For
American Century2,212,7840 00For
Transamerica1,503,5520 00For
Franklin Custodian Funds1,500,0000 00For
Charles Schwab1,282,9540 00For
JPMorgan1,180,6620 00For
Invesco1,143,8550 00For
Brighthouse1,127,9260 9000For
Lord Abbett863,0780 00For
CARILLON SERIES TRUST750,5380 00For
TIAA713,7590 00For
Waddell & Reed687,9290 00For
Amplify ETF Trust0631,780 00Against
Jackson National539,3210 00For
FRANKLIN STRATEGIC SERIES524,0560 00For
T. Rowe Price454,4500 00For
NEW ECONOMY FUND449,8390 00For
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)428,1350 00For
TOUCHSTONE FUNDS GROUP TRUST427,4820 00For
Victory Capital420,0040 00For

Showing the 25 largest of 137 asset managers. See all 137 in the interactive database.

Largest CLOUDFLARE INC. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 345,723,000 shares outstanding at the time of that meeting.

Fund voting reports: top CLOUDFLARE INC. shareholders by shares voted on “APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 9.98%
2Capital Group 9.35%
3Fidelity 3.98%
4BlackRock 2.18%
5Morgan Stanley 1.79%
6First Trust 1.20%
7American Century 0.64%
8Transamerica 0.43%
9Franklin Custodian Funds 0.43%
10Charles Schwab 0.37%
Institutional-manager reports: top CLOUDFLARE INC. shareholders by shares voted on “APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.”, 2024-2025
#Asset manager % of shares outstanding
1Capital Group 10.08%
2Morgan Stanley 5.39%
3Fidelity 3.92%
4BlackRock 3.06%
5BAILLIE GIFFORD OVERSEAS LTD 2.08%
6BAILLIE GIFFORD & CO LTD 1.83%
7State Street 1.56%
8GEODE CAPITAL MANAGEMENT, LLC 1.53%
9SANDS CAPITAL MANAGEMENT, LLC 1.14%
10FRANKLIN ADVISERS INC 0.96%

Reported CLOUDFLARE INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

CLOUDFLARE INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 8.92% 13F
Matthew Prince 7.62% 13G
Capital World Investors 6.66% 13G
Morgan Stanley 6.23% 13F
BlackRock 6.05% 13F
BAILLIE GIFFORD & CO 4.87% 13G
FMR (Fidelity) 4.05% 13F
State Street 1.90% 13F
Geode Capital 1.52% 13F
Franklin Templeton 1.00% 13F

Percentages above are of 345,723,000 shares outstanding, as reported by CLOUDFLARE INC. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from CLOUDFLARE INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At CLOUDFLARE INC.'s shareholder meeting held June 5, 2025, in the 2024-2025 proxy season, 722 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 3,488 separate fund positions. On the most widely held item on that ballot — APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. — CLOUDFLARE INC.'s filing reports the proposal as approved, with 89% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: CLOUDFLARE INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 9, 2025.

CLOUDFLARE INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.