Form 4: Confluent Director Matthew Miller Reports Stock Transactions

Director Matthew Miller of Confluent, Inc. reported the acquisition and disposal of Class A Common Stock and Class B Common Stock on December 12, 2024.

Summary

• Matthew Miller, a director at Confluent, Inc., engaged in several transactions involving the company's stock on December 12, 2024.
• These transactions included the acquisition of 162 shares of Class A Common Stock at $0 and the disposal of 162 shares at a weighted average price of $32.0228.
• Additionally, 1,038 shares of Class A Common Stock were acquired at $0 and 1,038 shares were disposed of at a weighted average price of $32.0228.
• These transactions were conducted both directly and indirectly through entities like Sequoia Capital Fund Parallel, LLC and Sequoia Capital Fund, LP.
• The director also acquired 162 and 1,038 shares of Class B Common Stock, which are convertible to Class A Common Stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company director. It is neither positive nor negative in itself.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting their transactions in company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies, and this filing is consistent with those requirements.
• The transactions reported are typical for directors who may have stock options or other equity-based compensation.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are unlikely to be significant given the relatively small volume of shares traded.

Key Dates

Keywords

Confluent, CFLT, Matthew Miller, stock transactions, Class A Common Stock, Class B Common Stock, insider trading, SEC Form 4, Sequoia Capital