Hawkins Mark J 4
4 · Cloudflare, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Cloudflare (NET) Director Mark Hawkins Sells 133 Shares
What Happened Mark J. Hawkins, a director of Cloudflare, reported two transactions: an automatic award of 842 restricted stock units (RSUs) on 2026-06-30 (grant recorded at $0) and an open‑market sale of 133 shares on 2026-07-01 at $249.00 per share, generating gross proceeds of $33,117. The RSU award is part of the company’s outside director compensation and vests subject to the plan schedule.
Key Details
- Sale: 133 shares sold on 2026-07-01 at $249.00/share — proceeds $33,117. (Open market sale.)
- Award: 842 RSUs granted on 2026-06-30 (recorded at $0); vesting occurs the earlier of June 30, 2027 or the day before the next annual meeting. (Footnote F1)
- The sale was executed under a prearranged Rule 10b5‑1 trading plan adopted by Hawkins on May 30, 2025. (Footnote F2)
- Shares owned after the transaction: not specified in this Form 4.
- Filing: Reported on 2026-07-02 (no late filing indicated based on reported dates).
Context Sales made under a Rule 10b5‑1 plan are typically preplanned and routine; the reported sale does not by itself indicate a change in the director’s view of the company. The RSU award is a standard annual director compensation grant and will vest in the future per the policy.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-30+842→ 10,898 total - Sale
Class A Common Stock
[F2]2026-07-01$249.00/sh−133$33,117→ 10,765 total
Footnotes (2)
- [F1]Represents an automatic annual restricted stock unit, or RSU, award issued pursuant to the Issuer's Outside Director Compensation Policy. The RSUs vest on the earlier of (i) June 30, 2027 or (ii) the day prior to the date of the Issuer's next annual meeting of stockholders.
- [F2]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 30, 2025.