STOCK TITAN

Fluent (FLNT) CEO granted 76,584 shares in stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

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.

Positive

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Insider Patrick Donald Huntley
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Stock 76,584 $0.00 --
Holdings After Transaction: Common Stock — 319,767 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 76,584 shares Common stock award on June 28, 2024
Grant price $0.00 per share Reported transaction price for the stock award
Shares owned after grant 319,767 shares CEO direct holdings following June 28, 2024 transaction
Reverse stock split ratio 1-for-6 Fluent reverse split effective April 11, 2024
Transaction code A (grant, award, or other acquisition) Non-derivative common stock transaction type
reverse stock split financial
"did not accurately reflect the total impact for Issuer's 1-for-6 reverse stock split effectuated on April 11, 2024"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
Form 4 regulatory
"the Reporting Person filed a Form 4 which inadvertently reported"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Patrick Donald Huntley

(Last)(First)(Middle)
C/O FLUENT, INC.
300 VESEY STREET, 9TH FLOOR

(Street)
NEW YORK NEW YORK 10282

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Fluent, Inc. [ FLNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2022
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/03/2024
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/28/2024A76,584A$0319,767(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On July 3, 2024, the Reporting Person filed a Form 4 which inadvertently reported, that following his activity, the Reporting Person owned a total of 319,762 shares of common stock which amount did not accurately reflect the total impact for Issuer's 1-for-6 reverse stock split effectuated on April 11, 2024. As reported in this amendment, following the activity, the Reporting Person owned 319,767 shares of common stock.
/s/ Donald Patrick06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Fluent (FLNT) report for its CEO?

Fluent reported that CEO Patrick Donald Huntley received a grant of 76,584 shares of common stock on June 28, 2024. The shares were awarded at no cash cost per share as part of his equity-based compensation package.

How many Fluent (FLNT) shares does the CEO hold after this grant?

Following the June 28, 2024 stock grant, CEO Patrick Donald Huntley directly owns 319,767 shares of Fluent common stock. This amended figure corrects an earlier filing that did not fully reflect the company’s 1-for-6 reverse stock split.

Was the Fluent (FLNT) CEO stock grant an open-market purchase or sale?

The transaction was a grant or award, not an open-market trade. The CEO acquired 76,584 shares of common stock at a reported price of $0.00 per share, indicating a compensation-related equity award rather than a cash purchase or sale.

Why did Fluent (FLNT) file an amended Form 4 for its CEO?

The amended Form 4 corrects the total shares owned after the June 28, 2024 grant. A prior Form 4 misreported the CEO’s holdings because it did not accurately capture the full impact of Fluent’s 1-for-6 reverse stock split effective April 11, 2024.

How did Fluent’s 1-for-6 reverse stock split affect the CEO’s reported holdings?

Fluent completed a 1-for-6 reverse stock split effective April 11, 2024, consolidating shares. The CEO’s earlier reported post-transaction holdings did not fully incorporate this adjustment, so the amendment clarifies his correct total of 319,767 shares after the grant.