Form 4: Confluent CRO Sells Over 44,000 Shares Under 10b5-1 Plan

Confluent, Inc.'s Chief Revenue Officer, Ryan Norris Mac Ban, sold 44,114 shares of Class A Common Stock for approximately $1.3 million under a pre-arranged 10b5-1 trading plan.

Summary

• Ryan Norris Mac Ban, Chief Revenue Officer of Confluent, Inc., disposed of 44,114 shares of Class A Common Stock.
• The transaction occurred on December 8, 2025.
• The shares were sold at an average price of $29.77 per share, with prices ranging from $29.70 to $29.85.
• The total value of the shares sold is approximately $1,312,498.78.
• The sale was executed pursuant to a Rule 10b5-1 trading plan established on August 22, 2025.
• Following the transaction, Mr. Mac Ban beneficially owns 336,950 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: A neutral score is assigned as this is a routine insider transaction under a 10b5-1 plan, which typically does not reflect new sentiment about the company's prospects but rather personal financial planning.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction disclosure and does not provide specific insights into broader industry trends or competitive landscape. Insider sales under 10b5-1 plans are common for executives to manage personal finances while complying with insider trading regulations.

Stakeholder Impact

• Shareholders: The sale by a Chief Revenue Officer could be viewed as a minor signal, but its execution under a 10b5-1 plan mitigates concerns about its implications for company performance. It represents a slight reduction in insider ownership.

Key Dates

Keywords

Confluent, CFLT, Insider Sale, Form 4, Stock Transaction, Chief Revenue Officer, 10b5-1 Plan