CFLT Form 4: CFO Rohan Sells 5,000 Shares via 10b5-1 Plan

Rhea-AI Filing Summary

Confluent, Inc. (CFLT) Chief Financial Officer Sivaram Rohan reported a sale of 5,000 shares of Class A common stock on 09/08/2025 at a price of $20.00 per share. The sale was made pursuant to a 10b5-1 trading plan dated September 12, 2024. After the reported transaction, the reporting person beneficially owned 631,596 shares of Class A common stock. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Sale executed under a 10b5-1 trading plan, indicating the transaction was prearranged and reduces concerns about opportunistic insider trading
• High retained ownership: the reporting person still beneficially owns 631,596 shares, showing continued significant stake

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider sale under a prearranged plan; small transaction relative to total holdings, limited immediate market impact.

The 5,000-share sale executed at $20 per share was processed under a 10b5-1 plan, indicating it was pre-specified and not a discretionary trade. With 631,596 shares remaining beneficially owned, the transaction represents a small percentage of the reporting person’s stake and is unlikely to signal a change in insider conviction. For investors, this Form 4 documents compliance and transparency rather than new information about company fundamentals.

Corporate Governance Expert

TL;DR: Disclosure aligns with governance best practices; use of 10b5-1 plan reduces regulatory and insider-trading concerns.

The filing clearly states the trade was made pursuant to a 10b5-1 trading plan, which is consistent with governance practices to avoid accusations of opportunistic insider trading. The Form 4 includes the requisite detail: transaction date, number of shares sold, price, and post-transaction beneficial ownership. The signature by an attorney-in-fact completes the reporting requirement. No governance red flags are evident from this single disclosure.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sivaram Rohan

(Last) (First) (Middle)

C/O CONFLUENT, INC.

899 W. EVELYN AVENUE

(Street)

MOUNTAIN VIEW CA 94041

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Confluent, Inc. [ CFLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/08/2025		S		5,000(1)	D	$20	631,596	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares sold pursuant to a 10b5-1 trading plan dated September 12, 2024.

	/s/ Weilyn Wood, Attorney-in-Fact	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Confluent (CFLT) insider Sivaram Rohan report on Form 4?

The Form 4 reports a sale of 5,000 Class A shares on 09/08/2025 at $20.00 per share.

Was the sale by the Confluent CFO discretionary or prearranged?

The sale was executed pursuant to a 10b5-1 trading plan dated September 12, 2024, indicating it was prearranged.

How many Confluent shares does the reporting person own after the sale?

After the reported transaction the reporting person beneficially owned 631,596 shares of Class A common stock.

What price was reported for the shares sold by the Confluent insider?

The reported sale price was $20.00 per share.

Who signed the Form 4 for the Confluent insider filing?

The Form 4 was signed by an attorney-in-fact, indicated as /s/ Weilyn Wood, on 09/10/2025.