Vishria Eric 4
Research Summary
AI-generated summary
Confluent (CFLT) Director Eric Vishria Sells 61,905 Shares
What Happened
Eric Vishria, a member of Confluent's board of directors, sold 61,905 shares of Confluent common stock on February 13, 2026. The shares were disposed for an aggregate value of $1,892,436 at an average reported price of $30.57 per share (individual sale prices ranged $30.53–$30.63). The sale was executed under a pre-established 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-02-13 (reported on Form 4 filed 2026-02-18).
- Transaction type: Sale (open‑market/private sale) under a 10b5‑1 plan adopted December 13, 2024.
- Shares sold: 61,905; reported aggregate proceeds: $1,892,436; average price: $30.57 (range $30.53–$30.63). The filer can provide the breakdown of shares sold at each price upon request.
- Shares owned after transaction: Not specified on the Form 4; footnote indicates shares are held by entities controlled by the reporting person.
- Timeliness: Form 4 was filed on Feb 18 for a Feb 13 trade — this appears to be filed after the 2-business‑day reporting window (late filing).
Context
This was a sale transaction under a pre-set trading plan (10b5‑1), which is commonly used to avoid trading based on material nonpublic information — such sales are often routine and do not necessarily signal management sentiment about the company. There were no option exercises, awards, or gifts reported in this filing.