Form 4: Confluent CEO Sells Shares Under 10b5-1 Plan

Confluent, Inc. CEO Edward Jay Kreps sold 37,707 shares of Class A Common Stock on November 20, 2025, through a pre-arranged 10b5-1 trading plan.

Summary

• Edward Jay Kreps, Chief Executive Officer and Director of Confluent, Inc. (CFLT), reported sales of Class A Common Stock.
• On November 20, 2025, Kreps sold 23,787 shares at an average price of $21.83 per share, with prices ranging from $21.39 to $22.38.
• On the same date, Kreps sold an additional 13,920 shares at an average price of $22.84 per share, with prices ranging from $22.41 to $23.10.
• These transactions were executed pursuant to a Rule 10b5-1 trading plan, which was adopted on August 15, 2024.
• Following these sales, Edward Jay Kreps beneficially owns 339,367 shares of Confluent, Inc. Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is a common personal financial planning tool and generally does not indicate a change in management's outlook on the company's performance. Therefore, the sentiment is neutral.

Stakeholder Impact

• Shareholders: The sale slightly increases the public float of shares, but given it's a pre-planned transaction, it typically has a neutral impact on shareholder sentiment regarding company fundamentals.

Key Dates

Keywords

Confluent, CFLT, Insider Sale, Form 4, 10b5-1 Plan, CEO, Stock Transaction