Confluent (CFLT) director’s estate vehicle disposes 9,886 shares at $31 cash

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.

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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X

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^*

MILLER MATTHEW CRAIG

(Last) (First) (Middle)

C/O CONFLUENT, INC.

899 W. EVELYN AVENUE

(Street)

MOUNAIN VIEW CALIFORNIA 94041

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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

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

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

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	03/17/2026		D		9,886	D	(1)	0	I	Estate Planning Vehicle

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. 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.

	/s/ Weilyn Wood, Attorney-in-Fact	03/19/2026
	** 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.
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* Form 4: SEC 1474 (03-26)

FAQ

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.

How many Confluent (CFLT) shares were disposed of in this Form 4?

The filing reports the disposition of 9,886 shares of Confluent Class A Common Stock. These shares were canceled and converted into cash rights under a merger agreement, rather than sold on the open market, as part of the overall merger consideration process.

What cash consideration did the Confluent (CFLT) shares receive in the merger?

Each share of Confluent Class A Common Stock was canceled and converted into the right to receive $31.00 per share in cash. This amount, called the merger consideration or per share price, is paid without interest and is subject to applicable withholding taxes.

Were Matthew Craig Miller’s CFLT shares held directly or through another entity?

The Form 4 shows the shares were held indirectly as an “Estate Planning Vehicle.” This indicates the disposition involved an entity associated with Miller rather than direct personal ownership, consistent with estate or wealth-planning structures used by many insiders.

Does Matthew Craig Miller retain any indirect Confluent (CFLT) shares after this transaction?

After the reported disposition, the filing lists 0 shares of Confluent Class A Common Stock as indirectly owned. This indicates the estate planning vehicle associated with Miller no longer holds Confluent shares following the merger-related cancellation and cash conversion.