Confluent (CFLT) CRO logs 3,768-share 10b5-1 stock sale, keeps stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Confluent, Inc.’s Chief Revenue Officer, Ryan Mac Ban Norris, reported open-market sales of Class A common stock under a pre-arranged 10b5-1 trading plan dated August 22, 2025. He sold 1,655 shares at $30.54 on February 13, 2026 and 2,113 shares at $30.61 on February 18, 2026, totaling 3,768 shares.
After these transactions, he directly owned 390,163 shares of Confluent Class A common stock. This amount includes 1,398 shares acquired through the company’s employee stock purchase plan on February 13, 2026, indicating he retains a substantial equity position following the scheduled sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,768 shares ($115,223)
Net Sell
2 txns
Insider
Mac Ban Ryan Norris
Role
Chief Revenue Officer
Sold
3,768 shs ($115K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,113 | $30.61 | $65K |
| Sale | Class A Common Stock | 1,655 | $30.54 | $51K |
Holdings After Transaction:
Class A Common Stock — 390,163 shares (Direct)
Footnotes (1)
- The shares were sold pursuant to a 10b5-1 plan dated August 22, 2025. Includes 1,398 shares purchased through the Issuer's employee stock purchase plan on February 13, 2026.
FAQ
What insider transactions did Confluent (CFLT) report for Ryan Mac Ban Norris?
Confluent’s Chief Revenue Officer, Ryan Mac Ban Norris, reported selling 3,768 shares of Class A common stock in open-market transactions under a 10b5-1 plan. The sales occurred on February 13 and 18, 2026, at prices slightly above $30 per share.
Was the Confluent (CFLT) insider sale by the CRO under a 10b5-1 plan?
Yes. The filing states the CRO’s share sales were made pursuant to a Rule 10b5-1 trading plan dated August 22, 2025. Such plans pre-schedule trades, helping insiders diversify holdings while reducing concerns about trading on material nonpublic information.
What role does Ryan Mac Ban Norris hold at Confluent (CFLT)?
Ryan Mac Ban Norris serves as Confluent’s Chief Revenue Officer. As a senior executive, his Form 4 filings disclose changes in his beneficial ownership of Confluent Class A common stock, including sales executed under pre-arranged 10b5-1 trading plans and shares acquired via employee programs.