CFLT Confluent, Inc.

BEARISH Impact: 7/10 Insider Cluster (4 insiders)
Horizon days Filed Feb 20, 2026 Processed 3mo ago
Insider cluster: 3 insiders, $1.1M total
Latest settled — T+20d ⚠ clustered
CFLT ▲ +0.94% at T+20d
SHORT call ✗ call lost -0.94% · α vs SPY -6.90% · entry $30.70 → $30.99
Next anchor: T+60d due 29d ago
Entry anchored
Feb 19, 03:59 PM ET
via Databento tick
T+1d
-0.03%
call +0.03% · α -0.98%
$30.69
settled 4mo ago
T+5d
-0.10%
call +0.10% · α -0.35%
$30.67
settled 4mo ago
T+20d
+0.94%
call -0.94% · α -6.90%
$30.99
settled 3mo ago
T+60d
call — · α —
due 29d ago

Price Chart

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Executive Summary

Multiple C-suite executives at Confluent, Inc. sold shares in a concentrated 7-day window, including the CEO converting a derivative (non-cash), and the CFO, CRO, and CAO conducting open-market sales totaling over $1.6 million. The cluster is dominated by material selling activity from top executives, which may signal reduced confidence in near-term stock performance.

Key Financial Metrics

Direction
selling
Total Value
$1.7M
Insiders
4

Actionable Insight

Traders should monitor for downward pressure on CFLT shares, especially if this selling trend continues into next quarter. The concentration of C-suite selling — excluding the non-cash CEO conversion — is a red flag that may precede weaker-than-expected guidance or macro challenges in the data platform space.

Key Facts

  • Chief Financial Officer (Sivaram Rohan) sold 21,503 shares for $660,142.10
  • Chief Revenue Officer (Mac Ban Ryan Norris) conducted two separate sales totaling 31,273 shares for $959,290.86
  • Chief Accounting Officer (Phan Kong) sold 2,277 shares for $69,903.90
  • CEO (Kreps Edward Jay) converted 232,500 shares via derivative exercise — non-cash transaction (Form 4 code C)
  • All open-market sales occurred at prices between $30.66 and $30.70, totaling $1.7M in insider selling over 7 days

Financial Impact

$1.7 million in insider selling over 7 days, primarily from C-suite executives

insider sentimentshareholder confidencepotential dilution signal

Risk Factors

  • Insider selling can precede negative earnings surprises or guidance cuts
  • Perception of insider lack of confidence may trigger short-term selling by retail and institutional investors

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (5 trades, 7d window)cluster-CFLT-1772017257710
6 reports for CFLT
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CFLT — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Institutional Cluster
NEUTRAL ★ 5/10
awaiting T+5
Mar 27, 2026
11w ago
15-12G
NEUTRAL ★ 7/10
awaiting T+5
Feb 28, 2026
15w ago
Institutional Cluster
MIXED ★ 6/10
$30.70 $30.75▲ +0.16%▲ +1.37%
Feb 25, 2026
15w ago
8-K
NEUTRAL ★ 3/10
$30.64 $30.75▲ +0.36%▲ +1.46%
Feb 20, 2026
16w ago
Insider Cluster
BEARISH ★ 7/10
$30.70 $30.67▲ +0.10%▼ −0.35%
Feb 20, 2026
16w ago
Insider Cluster
BEARISH ★ 7/10
$30.70 $30.67▲ +0.10%▼ −0.35%
Showing 6 of 6

US Market Status

Market Closed — Opens Mon (48h 59m)

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