[Form 4] Confluent, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Mac Ban Ryan Norris, Chief Revenue Officer of Confluent, Inc. (CFLT), reported a sale of shares on August 20, 2025. The Form 4 shows 15,200 shares of Class A Common Stock were sold at prices ranging from $17.01 to $17.07 to cover the tax obligation arising from the vesting of previously reported restricted stock units. After the sale, the reporting person beneficially owned 397,345 shares, which includes 715 shares purchased through the companys Employee Stock Purchase Plan on August 15, 2025. The filing was signed by an attorney-in-fact on August 22, 2025.

Insights

Securities Analyst

TL;DR: Routine tax-covering sale of vested RSUs; remaining beneficial ownership stays material at 397,345 shares.

The Form 4 documents a standard transaction where 15,200 shares were sold on 08/20/2025 at prices between $17.01 and $17.07 to satisfy tax withholding for vested restricted stock units. Such sales are common for employees receiving equity compensation and the disclosure explicitly states the sale purpose as tax coverage. The reporters retained stake of 397,345 shares remains sizable, and the filing also notes a small recent ESPP purchase of 715 shares on 08/15/2025. There are no derivative transactions or other transfers disclosed.

Corporate Governance Expert

TL;DR: Disclosure is complete and routine; transaction was certified via attorney-in-fact.

The filing identifies the reporting person as an officer (Chief Revenue Officer) and provides required details: transaction date, share amount sold, price range, and post-transaction beneficial ownership. The sale is explicitly tied to tax withholding for vested RSUs, which satisfies disclosure norms. The form is executed by an attorney-in-fact on 08/22/2025, consistent with permitted signature procedures. No governance concerns or unusual arrangements are evident from the disclosed entries.

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

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OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

Mac Ban Ryan Norris

(Last) (First) (Middle)

C/O CONFLUENT, INC.

899 W. EVELYN AVE.

(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 Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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	08/20/2025		S		15,200(1)	D	$17.01(2)	397,345(3)	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. Represents the number of shares sold by the reporting person to cover the tax obligation realized upon the vesting of restricted stock units previously reported in Table I.

2. The shares were sold at prices ranging from $17.01 to $17.07. 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.

3. Includes 715 shares of Class A Common Stock purchased through the Issuer's Employee Stock Purchase Plan on August 15, 2025.

	/s/ Weilyn Wood, Attorney-in-Fact	08/22/2025
	** 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 did Confluent (CFLT) insider Mac Ban Ryan Norris report on Form 4?

The Form 4 reports the sale of 15,200 shares of Class A Common Stock on 08/20/2025, sold to cover taxes from vested restricted stock units.

At what prices were the shares sold according to the Form 4?

The shares were sold at prices ranging from $17.01 to $17.07, with the filer offering to provide exact breakdowns upon request.

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

After the transaction, the reporting person beneficially owned 397,345 shares of Class A Common Stock.

Did the Form 4 report any derivative transactions or option exercises?

No. Table II (derivative securities) contains no reported transactions; the Form 4 only shows a non-derivative sale in Table I.

Was there any recent Employee Stock Purchase Plan (ESPP) activity disclosed?

Yes. The filing includes 715 shares purchased through the issuers ESPP on 08/15/2025.