Confluent director’s 9,886-share merger disposition
Confluent, Inc. director Matthew Craig Miller, through an estate planning vehicle, reported a disposition of 9,886 shares of Class A Common Stock back to the company.
Rhea-AI Filing Summary
Confluent, Inc. director Matthew Craig Miller, through an estate planning vehicle, reported a disposition of 9,886 shares of Class A Common Stock back to the company. Under a previously signed merger agreement, each share was canceled and converted into the right to receive $31.00 in cash, before any applicable taxes. Following this transaction, the filing shows zero indirect shares remaining for this estate planning vehicle.
Positive
- None.
Negative
- None.
Insider Trade Summary
Disposition: 9,886 shares
Disposition
1 txn
Insider
MILLER MATTHEW CRAIG
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 9,886 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, Estate Planning Vehicle)
Footnotes (1)
- F1. Pursuant to the Agreement and Plan of Merger, dated December 7, 2025, by and among the Issuer, International Business Machines Corporation and Corvo Merger Sub, Inc. (the "Merger Agreement"), each share of Issuer Class A Common Stock was canceled and converted into the right to receive $31.00 per share in cash (the "Merger Consideration" or the "Per Share Price"), without interest and subject to applicable withholding taxes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Matthew Craig Miller report for CFLT?
Matthew Craig Miller reported a non-derivative disposition of Confluent Class A Common Stock. The transaction reflects shares being canceled and converted into cash consideration under a merger agreement, rather than an open-market trade, and resulted in no remaining indirect holdings for the reported vehicle.
AI-generated analysis. How Rhea-AI works. Not financial advice.