Hawkins Mark J 4

What Happened
Mark J. Hawkins, a director of Cloudflare, sold 133 shares of NET stock in an open-market transaction on June 1, 2026. The shares were sold at $246.42 each for total proceeds of approximately $32,774. This was a sale (not a purchase); sales are often routine and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: June 1, 2026; filing date: June 2, 2026 (appears timely).
• Price per share: $246.42; shares sold: 133; total value: ~$32,774.
• Shares owned after transaction: not specified in the provided Form 4.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Hawkins on May 30, 2025 (prearranged plan).
• Filing appears timely (no late-filing code reported).

Context
A Rule 10b5-1 plan lets insiders sell shares according to a preset schedule or conditions, which often indicates the trade was preplanned rather than a discretionary decision based on recent company developments. For retail investors, purchases by insiders tend to be more informative than routine sales; this single small sale is routine in size and execution.