v3.25.2
Insider Trading Arrangements
3 Months Ended
Jun. 30, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
Insider Trading Arrangements
During the three months ended June 30, 2025, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated the contracts, instructions or written plans for the purchase or sale of the Company’s securities set forth in the table below.
Name and PositionActionAdoption/ Termination DateType of Trading ArrangementTotal Shares of Class A Common Stock to be SoldExpiration Date
Rule 10b5-1*Non-Rule 10b5-1**
Ryan Mac Ban - Chief Revenue Officer
Adoption
5/23/2025
X
Up to 192,052
(1)
8/28/2026
Neha Narkhede - Director
Adoption6/10/2025
X
Up to 386,300
9/13/2026
Michelangelo Volpi - Director(2)
Adoption6/13/2025X
Up to 100,000
9/18/2026
Erica Schultz - Former President, Field Operations
Termination5/22/2025X
Up to 1,153,477
(3)
11/18/2025
Melanie Vinson - Former Chief Legal Officer
Termination6/13/2025X
Up to 345,665
(4)
6/23/2026
*Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
**“Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act.
(1)The shares that may be sold under the Rule 10b5-1 trading plan may be reduced by the number of shares sold to satisfy tax withholding obligations upon vesting of certain restricted stock units covered by the plan, pursuant to Confluent’s non-discretionary sell-to-cover requirement.
(2)Represents the adoption of a Rule 10b5-1 trading plan by Michelangelo Volpi and a trust affiliated with Mr. Volpi.
(3)The shares that may have be sold under the Rule 10b5-1 trading plan would have been (a) reduced by the number of shares sold to satisfy tax withholding obligations upon vesting of certain restricted stock units covered by the plan, pursuant to Confluent’s non-discretionary sell-to-cover requirement, and (b) reduced by any shares sold in accordance with an existing plan prior to its expiration on November 15, 2024.
(4)The shares that may have been sold under the Rule 10b5-1 trading plan would have been (a) reduced by the number of shares sold to satisfy tax withholding obligations upon vesting of certain restricted stock units covered by the plan, pursuant to Confluent’s non-discretionary sell-to-cover requirement, and (b) reduced by any shares sold in accordance with an existing plan prior to its expiration on June 20, 2025.
Non-Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Terminated false
Ryan Mac Ban [Member]  
Trading Arrangements, by Individual  
Name Ryan Mac Ban
Title Chief Revenue Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date 5/23/2025
Expiration Date 8/28/2026
Arrangement Duration 462 days
Aggregate Available 192,052
Neha Narkhede [Member]  
Trading Arrangements, by Individual  
Name Neha Narkhede
Title Director
Rule 10b5-1 Arrangement Adopted true
Adoption Date 6/10/2025
Expiration Date 9/13/2026
Arrangement Duration 460 days
Aggregate Available 386,300
Michelangelo Volpi [Member]  
Trading Arrangements, by Individual  
Name Michelangelo Volpi
Title Director
Rule 10b5-1 Arrangement Adopted true
Adoption Date 6/13/2025
Expiration Date 9/18/2026
Arrangement Duration 462 days
Aggregate Available 100,000
Erica Schultz [Member]  
Trading Arrangements, by Individual  
Name Erica Schultz
Title Former President, Field Operations
Rule 10b5-1 Arrangement Terminated true
Termination Date 5/22/2025
Expiration Date 11/18/2025
Aggregate Available 1,153,477
Melanie Vinson [Member]  
Trading Arrangements, by Individual  
Name Melanie Vinson
Title Former Chief Legal Officer
Rule 10b5-1 Arrangement Terminated true
Termination Date 6/13/2025
Expiration Date 6/23/2026
Aggregate Available 345,665