Cloudflare (NET) Director Mark J. Hawkins Sells 133 Shares

What Happened Mark J. Hawkins, a director of Cloudflare, Inc. (NET), sold 133 shares of Cloudflare common stock on April 1, 2026. The shares were sold at $209.60 per share for total proceeds of $27,877. The filing reports the transaction as an open-market or private sale and notes it was executed under a Rule 10b5-1 trading plan.

Key Details

• Transaction: Sale of 133 shares at $209.60 each; proceeds $27,877.
• Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (appears timely).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: Sale effected pursuant to a Rule 10b5-1 plan adopted May 30, 2025.
• Transaction code: S = Sale.

Context A Rule 10b5-1 plan indicates the sale was pre-scheduled, which often means the trade was routine and not necessarily a real-time signal of the insider’s view of the company. Sales are common for liquidity or diversification; purchases typically carry more weight for interpreting insider conviction. This report involves a company director (not indicated as a 10% owner or officer).