Form 4: Cloudflare Director Sells Shares Under 10b5-1 Plan

Cloudflare Director Mark J Hawkins sold 134 shares of Class A Common Stock for $176.19 per share on February 2, 2026, as part of a pre-arranged trading plan.

Summary

• Mark J Hawkins, a Director of Cloudflare, Inc. (NET), reported a sale of company stock.
• The transaction involved 134 shares of Class A Common Stock.
• The shares were sold at a price of $176.19 per share.
• The sale occurred on February 2, 2026.
• Following this transaction, Mark J Hawkins directly beneficially owns 10,588 shares of Class A Common Stock.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on May 30, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine insider transaction executed under a pre-arranged 10b5-1 trading plan, which typically does not carry significant positive or negative implications for the company's stock performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Cloudflare's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that insider sales, particularly those executed under a Rule 10b5-1 trading plan, are a common occurrence for corporate executives and directors. These plans are designed to allow insiders to sell shares at pre-determined times or prices to avoid accusations of trading on material non-public information. Such routine sales typically do not indicate a change in the company's fundamental outlook or performance.

Stakeholder Impact

• The sale of 134 shares by a director is a minor event and is unlikely to have a material impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Cloudflare, NET, Insider Trading, Form 4, Stock Sale, Director, Mark Hawkins, 10b5-1 Plan, Equity Transaction