Hawkins Mark J 4

What Happened
Mark J. Hawkins, a director of Cloudflare, sold 134 shares of Cloudflare common stock in an open-market transaction on February 2, 2026. The shares were sold at $176.19 per share for total proceeds of $23,609. This transaction is a sale (not a purchase) and therefore is often considered routine insider liquidity rather than a direct bullish signal.

Key Details

• Transaction date: 2026-02-02
• Price per share: $176.19; Total proceeds: $23,609
• Transaction type/code: Sale (S) — reported as open-market/private sale on Form 4
• Shares owned after transaction: Not disclosed in the summary provided (not available here)
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Hawkins on May 30, 2025
• Filing timing: Form 4 filed on 2026-02-03 for a 2026-02-02 trade (timely filing)

Context
Sales under prearranged Rule 10b5-1 plans are set up in advance and are commonly used by insiders to periodically sell shares; they reduce the ability to infer motivation from the trade. For retail investors, such sales typically reflect routine liquidity rather than new information about the company’s prospects.