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

What Happened

• Mark J. Hawkins, a director of Cloudflare, sold 133 shares of NET on August 3, 2026. The shares were disposed at $277.74 each for a total of $36,939. This was a sale (not a purchase); sales by insiders are often routine and do not necessarily indicate a change in view.

Key Details

• Transaction date: 2026-08-03; Sale price: $277.74; Shares sold: 133; Total value: $36,939.
• Transaction type: Reported as an open market or private sale (code S).
• Shares owned after transaction: Not disclosed on this Form 4.
• Footnote: The sale was executed under a pre-established Rule 10b5-1 trading plan adopted by Hawkins on May 30, 2025.
• Filing timeliness: Report filed 2026-08-04 for a transaction on 2026-08-03 (filed within the typical Form 4 deadline).

Context

• 10b5-1 plans allow insiders to sell shares on a preset schedule; trades under such plans are generally considered prearranged and routine. For retail investors, purchases by insiders often carry more informational weight than routine sales. This single small sale (~$37K) should be viewed in that context and not necessarily as a signal about company fundamentals.