Cloudflare (NYSE: NET) director sells 133 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cloudflare, Inc. director Mark J. Hawkins reported an open-market sale of 133 shares of Class A Common Stock on June 1, 2026, at $246.42 per share. After this transaction, he directly holds 10,056 shares. The trade was executed under a Rule 10b5-1 trading plan adopted on May 30, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 133 shares ($32,774)
Net Sell
1 txn
Insider
Hawkins Mark J
Role
null
Sold
133 shs ($33K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 133 | $246.42 | $33K |
Holdings After Transaction:
Class A Common Stock — 10,056 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 133 shares
Sale price: $246.42/share
Shares held after sale: 10,056 shares
+2 more
5 metrics
Shares sold
133 shares
Open-market sale of Class A Common Stock on June 1, 2026
Sale price
$246.42/share
Price per share for the 133 shares sold
Shares held after sale
10,056 shares
Direct ownership following reported transaction
Transaction type
Open-market sale (Code S)
Non-derivative Form 4 transaction in Class A Common Stock
Net share activity
-133 shares
Net-buy/sell direction reported as net-sell in transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Cloudflare (NET) director Mark J. Hawkins report?
Mark J. Hawkins reported selling 133 shares of Cloudflare Class A Common Stock. The transaction was an open-market sale coded “S” and is disclosed on a Form 4 insider filing for transparency regarding director share ownership changes.
When did Cloudflare (NET) director Mark J. Hawkins complete this stock sale?
The transaction occurred on June 1, 2026. The Form 4 lists this as the transaction date for the open-market sale of 133 Class A Common Stock shares, providing a precise time reference for the reported insider activity.
Was the Cloudflare (NET) stock sale by Mark J. Hawkins made under a Rule 10b5-1 plan?
Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted on May 30, 2025. Such plans pre-schedule trades, helping insiders systematically sell shares under predetermined terms.
What does the Form 4 transaction summary show for Mark J. Hawkins’ Cloudflare (NET) trades?
The summary shows one sale transaction totaling 133 shares, with no purchases, exercises, gifts, or tax-withholding events. Net activity is a “net-sell” of 133 shares, and no derivative securities transactions are listed.