Confluent (NASDAQ: CFLT) CEO reports Class A stock sales and option exercises
Rhea-AI Filing Summary
Confluent, Inc.'s chief executive officer and director reported exercising stock options for Class B common stock, converting those shares into Class A common stock and then selling the resulting Class A shares. On 12/12/2025, he converted 506,000 shares of Class B into Class A and sold 506,000 Class A shares at prices ranging from $30.02 to $30.10. On 12/15/2025, he converted 232,500 shares of Class B into Class A and sold 232,500 Class A shares at prices between $30.05 and $30.14.
After these transactions, he directly owned 339,367 shares of Class A common stock. The filing also shows additional positions related to Class A common stock held indirectly through family trusts, including 149,984 shares in a 2018 revocable trust and 1,000,000-share positions in each of two 2019 irrevocable trusts. The 232,500-share sale on 12/15/2025 was made under a Rule 10b5-1 trading plan adopted on August 15, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 232,500 | $0.00 | -- |
| Conversion | Class A Common Stock | 232,500 | $0.00 | -- |
| Sale | Class A Common Stock | 232,500 | $30.10 | $7.00M |
| Exercise | Stock Option (Right to Buy) | 506,000 | $0.00 | -- |
| Exercise | Class B Common Stock | 506,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 506,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 506,000 | $0.00 | -- |
| Sale | Class A Common Stock | 506,000 | $30.04 | $15.20M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. The shares were sold at prices ranging from $30.02 to $30.10. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Shares sold pursuant to a 10b5-1 trading plan adopted August 15, 2024. The shares were sold at prices ranging from $30.05 to $30.14. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Fully vested. The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust. The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019. The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
FAQ
What insider transactions did Confluent (CFLT) report in this Form 4?
The filing shows the chief executive officer and director exercised stock options for Class B common stock, converted those shares into Class A common stock, and sold the resulting Class A shares in open-market transactions on 12/12/2025 and 12/15/2025.
Does the Confluent (CFLT) insider still have additional holdings through trusts?
Yes. The filing notes Class A shares held through family trusts, including 149,984 shares in a 2018 revocable trust and 1,000,000 shares in each of two 2019 irrevocable trusts, in addition to substantial Class B common stock positions.