AGM/EGMJul 1, 2026, 05:16 PM
Cloudflare Stockholders Approve Class C Split, Equity & ESPP Plans
AI Summary
Cloudflare's stockholders approved several key proposals at the 2026 Annual Meeting, including the amendment and restatement of the 2019 Equity Incentive Plan and the Amended and Restated 2019 Employee Stock Purchase Plan. These plans will become effective upon the approval and adoption of amendments to the company's certificate of incorporation to establish Class C common stock. Additionally, stockholders elected Class I directors, ratified KPMG LLP as the independent auditor, and provided advisory approval for executive compensation.
Key Highlights
- Stockholders approved the amendment and restatement of the 2019 Equity Incentive Plan.
- Stockholders approved the amendment and restatement of the 2019 Employee Stock Purchase Plan.
- Approval of amendments to establish Class C common stock received 382,323,567 "For" votes.
- Michelle Zatlyn was elected as a Class I director with 568,227,358 "For" votes.
- KPMG LLP was ratified as the independent auditor with 607,370,076 "For" votes.
- Advisory approval for executive compensation received 445,922,069 "For" votes.
- The Annual Meeting had a quorum of approximately 93.36% of total voting power.
Price Impact
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