Confluent CEO reports 232K share sale and conversion on Form 4

Confluent, Inc. (CFLT) reported insider activity by its Chief Executive Officer and director on a Form 4 for 11/13/2025.

Rhea-AI Filing Summary

Confluent, Inc. (CFLT) reported insider activity by its Chief Executive Officer and director on a Form 4 for 11/13/2025. The CEO converted 232,500 shares of Class B Common Stock into the same number of Class A Common Stock and then sold 232,500 Class A shares in an open market transaction at an average price of $23.53 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 15, 2024. After these transactions, the CEO directly owned 377,074 shares of Class A Common Stock and held 14,482,500 derivative securities in the form of Class B Common Stock, each convertible into one Class A share. Additional Class B holdings convertible into Class A shares are reported as indirectly owned through several family trusts.

Insider Trade Summary

Exercise and Sale: 232,500 shares ($5.47M approx. pre-tax spread)

Exercise and Sale 6 txns

Insider Kreps Edward Jay

Role CHIEF EXECUTIVE OFFICER

Sold 232,500 shs ($5.47M)

Approx. gross sale proceeds $5.47M

Approx. exercise cost $0.00

Approx. pre-tax spread $5.47M

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	232,500	$0.00	$0.00
Conversion	Class A Common Stock	232,500	$0.00	$0.00
Sale	Class A Common Stock	232,500	$23.53	$5.47M
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 14,482,500 contracts (Direct); Class A Common Stock — 377,074 shares (Direct); Class B Common Stock — 2,149,984 contracts (Indirect, See footnote)

Footnotes (6)

1. F1. 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.
2. F2. Shares sold pursuant to a 10b5-1 trading plan adopted August 15, 2024.
3. F3. The shares were sold at prices ranging from $23.23 to $24.19. 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.
4. F4. The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust.
5. F5. The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
6. F6. The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The Form 4 reports that Confluent’s CEO converted 232,500 shares of Class B Common Stock into Class A Common Stock and sold 232,500 Class A shares on 11/13/2025.

At what price did the Confluent CEO sell Class A shares on 11/13/2025?

The CEO sold 232,500 Class A shares at prices ranging from $23.23 to $24.19, with the reported transaction price shown as $23.53 per share.

Was the Confluent CEO’s share sale under a Rule 10b5-1 trading plan?

Yes. The Form 4 states that the shares were sold under a Rule 10b5-1 trading plan adopted on August 15, 2024.

How many Confluent Class A shares does the CEO own directly after this transaction?

Following the reported transactions, the CEO directly owned 377,074 shares of Confluent Class A Common Stock.

How many Confluent Class B shares does the CEO hold after the transaction?

The filing reports 14,482,500 derivative securities as Class B Common Stock held directly, each share convertible into one share of Class A Common Stock.

What indirect Confluent holdings are reported for the CEO?

The Form 4 notes additional Class B Common Stock holdings, each convertible into Class A shares, held indirectly through family trusts including a 2018 Revocable Trust and 2019 Irrevocable Trusts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/17/2025 - 06:00 PM Learn about SEC filing dates

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^*

Kreps Edward Jay

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025

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	11/13/2025		C		232,500	A	(1)	609,574	D
Class A Common Stock	11/13/2025		S		232,500(2)	D	$23.53(3)	377,074	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
Class B Common Stock	(1)	11/13/2025		C			232,500	(1)	(1)	Class A Common Stock	232,500	$0	14,482,500	D
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	149,984		149,984	I	See footnote(4)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	1,000,000		1,000,000	I	See footnote(5)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	1,000,000		1,000,000	I	See footnote(6)

Explanation of Responses:

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.

2. Shares sold pursuant to a 10b5-1 trading plan adopted August 15, 2024.

3. The shares were sold at prices ranging from $23.23 to $24.19. 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.

4. The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust.

5. The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.

6. The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.

	/s/ Weilyn Wood, Attorney-in-Fact	11/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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