Sundar PichaiSundar Pichai earned $164M in 2023

Matthew Prince, co-founder and CEO of Cloudflare, has significantly shaped the technology landscape with his leadership since 2009. He holds a B.A. in Political Science from UC Berkeley and an M.B.A. from Harvard Business School, blending insights from both the...

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Matthew Prince

Founder and CEO of Cloudflare, Inc.

Education

B.A. in English and a minor in Computer Science from Trinity College-Hartford, J.D. from the University of Chicago Law School, M.B.A. from Harvard Business School

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

July 1, 1975 - 49 years ago

CEO of Cloudflare, Inc. for

15 years 9 months (Jul 2009 - Present)

Previous Experience

Co-founded Unspam Technologies, Inc.

Holdings

See how much did Matthew Prince make over time.

Matthew Prince holds over 33 million shares of Class B common stock in Cloudflare, giving him substantial voting power in the company. His wealth in Cloudflare stock peaked at around $3.67 billion in late 2021, reflecting the company's significant growth...

Mar 18, 2025

Total Stock Sold

$718.43M

NET

$718.43M

9,272,018 NET shares

What if they kept their stock?

If Matthew Prince didn't sell their stock, today they would have:
Extra NET9,272,018 shares worth $196.38M.
This is -72.67% and $522.05M less than what they got when they sold the stock.

Charitable Transactions

NET

68,621 shares

NET

Recent Charitable Transactions

NET

9,578 shares

NET

Nov 25, 2024

Charity

NET

14,300 shares

NET

Nov 15, 2023

Charity

NET

26,646 shares

NET

Nov 10, 2022

Charity

NET

4,717 shares

NET

Nov 17, 2021

Charity

NET

5,820 shares

NET

Aug 18, 2021

Charity

NET

7,560 shares

NET

Nov 25, 2020

Charity

Insider Trading

See recent insider trades of Matthew Prince.

NET

259,672 shares

NET

Feb 5, 2025

Received

NET

$18.02M

NET at $114.69/share

Jan 6, 2025

Sale

NET

$17.54M

NET at $111.64/share

Dec 18, 2024

Sale

NET

9,578 shares

NET

Nov 25, 2024

Charity

NET

$14.71M

NET at $93.61/share

Nov 13, 2024

Sale

NET

$14.57M

NET at $92.69/share

Oct 15, 2024

Sale

NET

$12.29M

NET at $78.20/share

Sep 4, 2024

Sale

NET

$12.20M

NET at $77.63/share

Aug 7, 2024

Sale

NET

$13.03M

NET at $82.92/share

Jul 9, 2024

Sale

NET

$11.65M

NET at $74.13/share

Jun 11, 2024

Sale

Compensation History

See how much did Matthew Prince make over time.

In 2023, Matthew Prince's total compensation reached $20.5 million, although the bulk came from vested stock worth around $18.3 million due to its performance-based structure. His base salary has remained consistent at $400,000. Notably, there were no cash bonuses tied to his performance for that year, which reflects a clear focus on long-term equity incentives rather than short-term rewards. This compensation design is aimed at aligning the interests of executives with those of shareholders, emphasizing sustained company success over annual increments. This approach illustrates the evolving compensation strategies in the tech sector, where stock performance increasingly dictates executive pay, underscoring Prince’s commitment to driving Cloudflare's growth.

Year

2023

Total Compensation

$19.52M

Salary

$400.00K

Board Justification

The compensation philosophy emphasizes long-term equity incentives to align executive interests with stockholder value.

Bonus

$0.00

Board Justification

No annual cash bonus program was maintained for 2023.

Other

$783.96K

Board Justification

Represents the aggregate incremental cost for the personal use of corporate aircraft.

Restricted Stock

$18.33M(307.48K RSU)

Board Justification

RSU awards granted in April 2023 vest in 16 equal quarterly installments over four years, starting May 15, 2023.

Performance Metrics

The performance metrics include revenue growth and stock price performance.