Welcome to our dedicated page for Fluent SEC filings (Ticker: FLNT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Fluent, Inc. filings document the public-company records of a Nasdaq-listed commerce media solutions issuer. Periodic and current reports cover operating results, Commerce Media Solutions revenue activity, material agreements, financing arrangements and capital-structure disclosures tied to common stock, warrants and pre-funded warrants.
Proxy materials describe board elections, executive compensation votes, auditor ratification and stockholder approvals under Nasdaq listing rules. Other 8-K disclosures address governance and compensation matters, including the Fluent, Inc. Equity Participation Plan and cash-settled restricted stock unit awards that track the value of the company’s common stock.
Fluent, Inc. CEO Patrick Donald Huntley reported several compensation-related equity transactions. On April 3, 2026, he received 107,000 restricted stock units and an equal number of phantom stock units under the 2025 Equity Participation Plan, each vesting in three annual installments.
On April 1, 2026, 37,000 phantom stock units were converted into common stock and then 37,000 shares were returned to the issuer, while 37,000 phantom units were settled for cash. Earlier, Huntley was granted 111,000 RSUs on October 9, 2025, and sold 1,353 shares on June 10, 2025 to cover tax withholding obligations. After the most recent award, he held 532,007 common shares and 107,000 phantom stock units directly.
Fluent, Inc.’s Chief Financial Officer Ryan MacNab reported compensation-related equity activity involving common stock, restricted stock units (RSUs), and phantom stock units tied to the company’s 2025 Equity Participation Plan. On April 3, 2026, he received grants of 54,000 RSUs and 54,000 phantom stock units, each vesting in three equal annual installments beginning April 1, 2027, subject to continued employment.
On April 1, 2026, 18,666 phantom stock units were exercised and settled for cash, with related mechanics recorded as an exercise of derivative securities into common stock and a corresponding 18,666-share disposition to the issuer. Following these transactions, MacNab directly held 129,334 shares of common stock and 54,000 phantom stock units, reflecting routine compensation and settlement activity rather than open-market trading.
Patrick Donald Huntley reported acquisition or exercise transactions in this Form 4 filing.
Fluent, Inc. Chief Executive Officer Patrick Donald Huntley received a grant of 76,584 shares of common stock on June 28, 2024, at no cash cost per share, as part of his compensation. After this award, he directly owned 319,767 shares of common stock. An earlier Form 4 had understated this total because it did not fully reflect Fluent’s 1-for-6 reverse stock split effective April 11, 2024, and this amendment corrects the reported post-transaction holdings.
Perfit Ryan MacNab reported acquisition or exercise transactions in this Form 4 filing.
Fluent, Inc. reported that Chief Financial Officer Ryan MacNab received a grant of 25,000 restricted stock units of common stock. The award was issued under the company’s 2022 Omnibus Equity Incentive Plan and vests in three equal annual installments, starting on September 1, 2025.
The amended filing also corrects a prior Form 4 that mis-stated MacNab’s post-grant holdings because it did not reflect the company’s 1-for-6 reverse stock split completed on April 11, 2024. After this RSU grant, he is shown as owning 32,600 shares of common stock.
Fluent, Inc. Chief Financial Officer Ryan MacNab sold 3,662 shares of common stock on September 9, 2025 at $2.05 per share. According to the filing, the shares were sold to cover tax withholding obligations. After the sale, he directly owned 28,938 shares of common stock.
The amended Form 4 also corrects a prior report that had shown 66,934 shares after the transaction, clarifying that this figure did not reflect the company’s 1-for-6 reverse stock split effectuated on April 11, 2024.
Fluent, Inc. director and Chief Customer Officer Matthew Conlin reported an open-market purchase of 5,000 shares of Common Stock at $2.07 per share. Following this transaction, he directly holds 2,468,677 shares of Fluent common stock.
The filing also lists indirect ownership positions, including 60,175 shares held by the 2017 Conlin Shakra Family Trust, 333,334 shares held by RSMC Partners, LLC, and 441,331 shares held by the Conlin Family Foundation Trust. Conlin is a co-trustee or member of these entities but disclaims beneficial ownership of their securities for Section 16 and other purposes.
Fluent, Inc. director and Chief Strategy Officer Ryan Schulke reported an open-market purchase of 5,000 shares of common stock at $2.07 per share on June 1, 2026. Following this purchase, he directly holds 3,497,995 shares.
In addition to his direct holdings, the filing lists indirect ownership through several entities. These include shares held by the Schulke Inn Family Foundation Trust, RSMC Partners, LLC, and two Grantor Retained Annuity Trusts for which Schulke is trustee or co-trustee, reflecting voting or dispositive authority over those positions.
Fluent, Inc. Chief Executive Officer Patrick Donald Huntley reported selling a total of 19,516 shares of Fluent common stock. The sales occurred on May 22, 2026 and May 26, 2026 at weighted-average prices of $2.5814 and $2.485 per share.
According to a footnote, the shares were sold to cover tax withholding obligations rather than as discretionary portfolio sales. After these transactions, Huntley directly holds 312,169 shares of Fluent common stock.
Fluent, Inc. Chief Financial Officer Ryan MacNab reported a disposition of common stock in a Form 4 filing. On May 26, 2026, he sold 9,604 shares of Fluent common stock at a weighted average price of $2.5935 per share, with prices ranging from $2.52 to $2.63. According to the footnotes, these shares were sold to cover tax withholding obligations, indicating a compensation-related transaction rather than a discretionary portfolio move. After this sale, MacNab directly held 19,334 shares of Fluent common stock.
Fluent, Inc. reported a smaller quarterly loss but highlighted serious liquidity risks. For the three months ended March 31, 2026, revenue was $44.9 million, down from $55.2 million a year earlier, while net loss narrowed to $5.4 million from $8.3 million.
Operating cash flow improved to $5.1 million, yet cash and cash equivalents fell to $10.3 million from $12.9 million at year-end. Management concluded there is substantial doubt about the company’s ability to continue as a going concern, given reliance on an uncommitted receivables financing facility and a history of missing forecasts.
Fluent carries $28.0 million of debt net, including an accounts receivable Financing Agreement and related-party Convertible Notes with a fair value of $4.6 million. The company also put in place an at-the-market program to offer and sell up to $11,200 shares of common stock. Shareholders’ equity declined to $13.3 million, with an accumulated deficit of $443.3 million.