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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.
Meeting of June 5, 2025: 5 items on CLOUDFLARE INC.’s Form 8-K, filed June 9, 2025: 3 elected · 2 approved.
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
Explore CLOUDFLARE INC. in the interactive database Compare manager voting policies
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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Stacey Cunningham | 577,439,996 | -- | -- | 2,818,870 | 34,431,856 | 99.5% | Elected | — |
| Elect Director: Mark Hawkins | 574,499,568 | -- | -- | 5,759,298 | 34,431,856 | 99.0% | Elected | — |
| Elect Director: Carl Ledbetter | 548,951,342 | -- | -- | 31,307,524 | 34,431,856 | 95% | Elected | — |
| 2. Ratification of the Appointment of Independent Registered Public Accounting Firm | 610,200,958 | 3,632,655 | 857,109 | -- | -- | 99.4% | Approved | — |
| 3. Advisory Vote to Approve the Compensation of Named Executive Officers | 516,021,763 | 63,622,697 | 614,406 | -- | 34,431,856 | 89% | Approved | — |
Source: CLOUDFLARE INC., Form 8-K, filed with the SEC on June 9, 2025 — read the filing on EDGAR.
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.
Combines 10 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 34,483,368 | 0 | 3 | 3,325 | For |
| Capital Group | 32,319,743 | 0 | 0 | 0 | For |
| Fidelity | 13,752,145 | 0 | 0 | 0 | For |
| BlackRock | 7,530,717 | 0 | 0 | 0 | For |
| Morgan Stanley | 6,189,866 | 0 | 0 | 5,052 | For |
| First Trust | 4,148,805 | 0 | 0 | 0 | For |
| American Century | 2,212,784 | 0 | 0 | 0 | For |
| Transamerica | 1,503,552 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 0 | 0 | 0 | 1,500,000 | Withhold |
| Charles Schwab | 1,282,691 | 0 | 0 | 263 | For |
| JPMorgan | 1,180,662 | 0 | 0 | 0 | For |
| Invesco | 1,143,855 | 0 | 0 | 0 | For |
| Brighthouse | 1,126,026 | 0 | 0 | 2,800 | For |
| Lord Abbett | 863,078 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 750,538 | 0 | 0 | 0 | For |
| TIAA | 713,759 | 0 | 0 | 0 | For |
| Waddell & Reed | 687,929 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 0 | 0 | 631,780 | 0 | Abstain |
| Jackson National | 536,781 | 0 | 2,540 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 0 | 0 | 0 | 524,056 | Withhold |
| T. Rowe Price | 454,450 | 0 | 0 | 0 | For |
| NEW ECONOMY FUND | 449,839 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 428,135 | 0 | 0 | 0 | For |
| TOUCHSTONE FUNDS GROUP TRUST | 427,482 | 0 | 0 | 0 | For |
| Victory Capital | 420,004 | 0 | 0 | 0 | For |
Showing the 25 largest of 134 asset managers. See all 134 in the interactive database.
Combines 10 wordings of this item as funds reported it.
99.0% Majority: yes · of votes cast
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 34,486,695 | 0 | 0 | 0 | For |
| Capital Group | 32,319,743 | 0 | 0 | 0 | For |
| Fidelity | 13,752,145 | 0 | 0 | 0 | For |
| BlackRock | 7,530,717 | 0 | 0 | 0 | For |
| Morgan Stanley | 6,189,866 | 0 | 0 | 5,052 | For |
| First Trust | 4,148,805 | 0 | 0 | 0 | For |
| American Century | 2,212,784 | 0 | 0 | 0 | For |
| Transamerica | 1,503,552 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 1,500,000 | 0 | 0 | 0 | For |
| Charles Schwab | 1,282,954 | 0 | 0 | 0 | For |
| JPMorgan | 1,180,662 | 0 | 0 | 0 | For |
| Invesco | 1,143,855 | 0 | 0 | 0 | For |
| Brighthouse | 1,127,926 | 0 | 0 | 900 | For |
| Lord Abbett | 863,078 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 750,538 | 0 | 0 | 0 | For |
| TIAA | 713,759 | 0 | 0 | 0 | For |
| Waddell & Reed | 687,929 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 631,780 | 0 | 0 | 0 | For |
| Jackson National | 539,321 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 524,056 | 0 | 0 | 0 | For |
| T. Rowe Price | 454,450 | 0 | 0 | 0 | For |
| NEW ECONOMY FUND | 449,839 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 428,135 | 0 | 0 | 0 | For |
| TOUCHSTONE FUNDS GROUP TRUST | 427,482 | 0 | 0 | 0 | For |
| Victory Capital | 420,004 | 0 | 0 | 0 | For |
Showing the 25 largest of 134 asset managers. See all 134 in the interactive database.
Combines 10 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 34,486,695 | 0 | 0 | 0 | For |
| Capital Group | 32,319,743 | 0 | 0 | 0 | For |
| Fidelity | 13,752,145 | 0 | 0 | 0 | For |
| BlackRock | 7,530,717 | 0 | 0 | 0 | For |
| Morgan Stanley | 6,194,918 | 0 | 0 | 0 | For |
| First Trust | 4,148,805 | 0 | 0 | 0 | For |
| American Century | 2,212,784 | 0 | 0 | 0 | For |
| Transamerica | 1,503,552 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 1,500,000 | 0 | 0 | 0 | For |
| Charles Schwab | 1,282,954 | 0 | 0 | 0 | For |
| JPMorgan | 1,180,662 | 0 | 0 | 0 | For |
| Invesco | 0 | 0 | 0 | 1,143,855 | Withhold |
| Brighthouse | 1,127,926 | 0 | 0 | 900 | For |
| Lord Abbett | 863,078 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 750,538 | 0 | 0 | 0 | For |
| TIAA | 713,759 | 0 | 0 | 0 | For |
| Waddell & Reed | 687,929 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 631,780 | 0 | 0 | 0 | For |
| Jackson National | 539,321 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 524,056 | 0 | 0 | 0 | For |
| T. Rowe Price | 454,450 | 0 | 0 | 0 | For |
| NEW ECONOMY FUND | 449,839 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 428,135 | 0 | 0 | 0 | For |
| TOUCHSTONE FUNDS GROUP TRUST | 427,482 | 0 | 0 | 0 | For |
| Victory Capital | 420,004 | 0 | 0 | 0 | For |
Showing the 25 largest of 134 asset managers. See all 134 in the interactive database.
Combines 19 wordings of this item as funds reported it.
89% Approved · of votes cast
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 34,483,365 | 3,330 | 0 | 0 | For |
| Capital Group | 0 | 32,319,743 | 0 | 0 | Against |
| Fidelity | 13,752,145 | 0 | 0 | 0 | For |
| BlackRock | 5,938,706 | 1,592,011 | 0 | 0 | Mixed |
| Morgan Stanley | 6,194,918 | 0 | 0 | 0 | For |
| First Trust | 4,148,805 | 0 | 0 | 0 | For |
| American Century | 2,212,784 | 0 | 0 | 0 | For |
| Transamerica | 1,503,552 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 0 | 1,500,000 | 0 | 0 | Against |
| Charles Schwab | 1,282,691 | 263 | 0 | 0 | For |
| JPMorgan | 1,180,662 | 0 | 0 | 0 | For |
| Invesco | 1,143,855 | 0 | 0 | 0 | For |
| Brighthouse | 1,126,026 | 1,900 | 900 | 0 | For |
| Lord Abbett | 863,078 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 750,538 | 0 | 0 | 0 | For |
| TIAA | 713,759 | 0 | 0 | 0 | For |
| Waddell & Reed | 687,929 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 631,780 | 0 | 0 | 0 | For |
| Jackson National | 384,520 | 154,801 | 0 | 0 | Mixed |
| FRANKLIN STRATEGIC SERIES | 0 | 524,056 | 0 | 0 | Against |
| T. Rowe Price | 454,450 | 0 | 0 | 0 | For |
| NEW ECONOMY FUND | 0 | 449,839 | 0 | 0 | Against |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 428,135 | 0 | 0 | 0 | For |
| TOUCHSTONE FUNDS GROUP TRUST | 0 | 427,482 | 0 | 0 | Against |
| Victory Capital | 420,004 | 0 | 0 | 0 | For |
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 129 | 34,854,830 | 0 | 0 | Against |
| Morgan Stanley | 18,622,574 | 0 | 0 | 0 | For |
| Fidelity | 13,545,128 | 0 | 0 | 0 | For |
| BlackRock | 9,752,724 | 809,510 | 0 | 0 | Mixed |
| BAILLIE GIFFORD OVERSEAS LTD | 7,198,897 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD & CO LTD | 6,315,914 | 0 | 0 | 0 | For |
| State Street | 5,276,558 | 103,996 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 5,299,041 | 0 | 0 | 0 | For |
| SANDS CAPITAL MANAGEMENT, LLC | 0 | 3,933,860 | 0 | 0 | Against |
| FRANKLIN ADVISERS INC | 0 | 3,308,670 | 0 | 0 | Against |
| American Century | 2,781,787 | 0 | 0 | 0 | For |
| Legal & General Investment Management Ltd | 28,192 | 2,370,151 | 0 | 0 | Against |
| BAILLIE GIFFORD & CO | 2,137,267 | 0 | 0 | 0 | For |
| Voya | 2,137,177 | 0 | 0 | 0 | For |
| 1832 Asset Management L.P. | 2,065,678 | 0 | 0 | 0 | For |
| JPMorgan | 1,644,147 | 0 | 0 | 0 | For |
| Northern Trust | 1,600,921 | 17,755 | 0 | 0 | For |
| Charles Schwab | 1,380,157 | 263 | 0 | 0 | For |
| Invesco | 1,357,095 | 0 | 0 | 0 | For |
| Vanguard | 1,305,677 | 0 | 0 | 0 | For |
| PICTET ASSET MANAGEMENT SA | 1,151,246 | 0 | 0 | 0 | For |
| AustralianSuper Pty Ltd | 0 | 1,094,983 | 0 | 0 | Against |
| Strategy Capital LLC | 1,061,728 | 0 | 0 | 0 | For |
| MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST | 1,006,647 | 0 | 0 | 0 | For |
| T. Rowe Price | 992,350 | 0 | 0 | 0 | For |
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.
Combines 5 wordings of this item as funds reported it.
99.4% Approved · of votes cast
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 34,486,695 | 0 | 0 | 0 | For |
| Capital Group | 32,319,743 | 0 | 0 | 0 | For |
| Fidelity | 13,752,145 | 0 | 0 | 0 | For |
| BlackRock | 7,530,717 | 0 | 0 | 0 | For |
| Morgan Stanley | 6,194,918 | 0 | 0 | 0 | For |
| First Trust | 4,148,805 | 0 | 0 | 0 | For |
| American Century | 2,212,784 | 0 | 0 | 0 | For |
| Transamerica | 1,503,552 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 1,500,000 | 0 | 0 | 0 | For |
| Charles Schwab | 1,282,954 | 0 | 0 | 0 | For |
| JPMorgan | 1,180,662 | 0 | 0 | 0 | For |
| Invesco | 1,143,855 | 0 | 0 | 0 | For |
| Brighthouse | 1,127,926 | 0 | 900 | 0 | For |
| Lord Abbett | 863,078 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 750,538 | 0 | 0 | 0 | For |
| TIAA | 713,759 | 0 | 0 | 0 | For |
| Waddell & Reed | 687,929 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 0 | 631,780 | 0 | 0 | Against |
| Jackson National | 539,321 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 524,056 | 0 | 0 | 0 | For |
| T. Rowe Price | 454,450 | 0 | 0 | 0 | For |
| NEW ECONOMY FUND | 449,839 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 428,135 | 0 | 0 | 0 | For |
| TOUCHSTONE FUNDS GROUP TRUST | 427,482 | 0 | 0 | 0 | For |
| Victory Capital | 420,004 | 0 | 0 | 0 | For |
Showing the 25 largest of 137 asset managers. See all 137 in the interactive database.
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.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 9.98% |
| 2 | Capital Group | 9.35% |
| 3 | Fidelity | 3.98% |
| 4 | BlackRock | 2.18% |
| 5 | Morgan Stanley | 1.79% |
| 6 | First Trust | 1.20% |
| 7 | American Century | 0.64% |
| 8 | Transamerica | 0.43% |
| 9 | Franklin Custodian Funds | 0.43% |
| 10 | Charles Schwab | 0.37% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Capital Group | 10.08% |
| 2 | Morgan Stanley | 5.39% |
| 3 | Fidelity | 3.92% |
| 4 | BlackRock | 3.06% |
| 5 | BAILLIE GIFFORD OVERSEAS LTD | 2.08% |
| 6 | BAILLIE GIFFORD & CO LTD | 1.83% |
| 7 | State Street | 1.56% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 1.53% |
| 9 | SANDS CAPITAL MANAGEMENT, LLC | 1.14% |
| 10 | FRANKLIN ADVISERS INC | 0.96% |
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.
| 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.
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.