CFLT Form 4: Director Eric Vishria Discloses Planned Sale of 30,953 Shares

Rhea-AI Filing Summary

Insider sale under trading plan: Eric Vishria, a director of Confluent, Inc. (CFLT), reported an open-market sale of 30,953 shares of Class A common stock on 08/28/2025 at a reported price of $20 per share executed pursuant to a 10b5-1 trading plan adopted December 13, 2024. After the reported transaction, the filing shows beneficial ownership of 1,123,447 shares held indirectly by entities controlled by the reporting person, and an additional 20,861 shares disposed of on a separate line. The filing is a routine Section 16 Form 4 disclosure documenting the director's change in ownership and confirms the sale was pre-planned under a Rule 10b5-1 arrangement.

Insights

Securities Analyst

TL;DR: Director executed a pre-arranged sale of 30,953 shares under a 10b5-1 plan; remaining indirect holdings remain large.

The transaction is disclosed as an S-code sale executed pursuant to a Rule 10b5-1 trading plan adopted in December 2024, which typically indicates the sale was pre-scheduled and not based on material non-public information. The reporting shows 1,123,447 shares beneficially owned indirectly following the sale, signaling continued significant economic exposure. The reported sale size and price are explicit; the filing does not provide proceeds or rationale beyond the 10b5-1 designation.

Corporate Governance Expert

TL;DR: Routine, compliant insider sale under a documented trading plan; governance disclosure appears complete for Section 16 purposes.

The Form 4 identifies the reporting person as a director and indicates the sale was made pursuant to a documented 10b5-1 plan, which aligns with best practices for predictable insider liquidity. The filing also notes that shares are held by entities controlled by the reporting person, and includes a signature by an attorney-in-fact dated 09/02/2025. No amendments or additional explanations are included that would suggest governance concerns beyond ordinary insider selling activity.

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

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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).

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^*

Vishria Eric

(Last) (First) (Middle)

2965 WOODSIDE ROAD

(Street)

WOODSIDE CA 94062

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

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	08/28/2025		S		30,953(1)	D	$20	1,123,447	I	See footnote(2)
Class A Common Stock								20,861	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 adopted December 13, 2024.

2. Shares are held by entities controlled by the reporting person.

	/s/ An-Yen Hu, Attorney-in-Fact	09/02/2025
	** 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 Eric Vishria report on the Form 4 for CFLT?

The Form 4 reports a sale of 30,953 Class A shares on 08/28/2025 at $20 per share, executed under a 10b5-1 trading plan.

How many Confluent (CFLT) shares does the filing show beneficially owned after the sale?

The filing shows 1,123,447 Class A shares beneficially owned indirectly following the reported transaction.

Was the sale part of a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a 10b5-1 trading plan adopted on December 13, 2024.

Does the Form 4 indicate whether the reporting person is a director or officer?

Yes. The filing marks the reporting person as a Director of Confluent, Inc.

Who signed the Form 4 and when?

The Form 4 is signed by /s/ An-Yen Hu, Attorney-in-Fact with the signature date of 09/02/2025.