AG˹ٷ

STOCK TITAN

[Form 4] Fluent, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Fluent, Inc. (FLNT) � SEC Form 4 filing dated 06/23/2025

Director and 10% owner James P. Geygan reported two equity movements and updated his derivative positions:

  • 39,682 Restricted Stock Units (RSUs) acquired on 06/18/2025 under the 2022 Omnibus Equity Incentive Plan (Code A). The RSUs vest in three equal annual tranches starting 06/18/2026 and were issued at no cost.
  • Adjustment of 3,215 common shares (Code J) on 06/23/2025 reflecting accounts that are no longer managed by Global Value Investment Corp. (GVIC). These shares are no longer deemed beneficially owned.

Post-transaction beneficial ownership:

  • Direct common stock: 58,281 shares
  • Indirect common stock via GVIC-managed accounts: 3,045,870 shares
  • Derivative holdings: 22,732 warrants/pre-funded warrants held directly and 134,118 held indirectly. Pre-Funded Warrants (exercise price $0.0005) and Warrants (exercise price $2.20) become exercisable only after shareholder approval; standard warrants expire three years after issuance.

The filing reaffirms Geygan’s substantial stake—roughly 3.1 million shares—while signaling continued alignment through new RSUs. The share reduction is immaterial (<0.1%) to his overall position. No cash transaction occurred; therefore, immediate cash flow effects on FLNT are negligible.

Fluent, Inc. (FLNT) � Comunicazione SEC Modulo 4 del 23/06/2025

Il direttore e azionista con il 10% delle quote, James P. Geygan, ha segnalato due movimenti azionari e ha aggiornato le sue posizioni in strumenti derivati:

  • Acquisizione di 39.682 Restricted Stock Units (RSU) il 18/06/2025 nell’ambito del Piano Incentivi Azionari Omnibus 2022 (Codice A). Le RSU maturano in tre tranche annuali uguali a partire dal 18/06/2026 e sono state assegnate senza alcun costo.
  • Regolazione di 3.215 azioni ordinarie (Codice J) il 23/06/2025, relativa a conti non più gestiti da Global Value Investment Corp. (GVIC). Queste azioni non sono più considerate di proprietà effettiva.

Posizione di proprietà effettiva dopo la transazione:

  • Azioni ordinarie detenute direttamente: 58.281 azioni
  • Azioni ordinarie detenute indirettamente tramite conti gestiti da GVIC: 3.045.870 azioni
  • Posizioni in derivati: 22.732 warrant/pre-warrant detenuti direttamente e 134.118 detenuti indirettamente. I Pre-Warrant (prezzo di esercizio $0,0005) e i Warrant (prezzo di esercizio $2,20) diventano esercitabili solo dopo l’approvazione degli azionisti; i warrant standard scadono tre anni dopo l’emissione.

La comunicazione conferma la significativa partecipazione di Geygan—circa 3,1 milioni di azioni—e indica un continuo allineamento tramite le nuove RSU. La riduzione delle azioni è irrilevante (<0,1%) rispetto alla sua posizione complessiva. Non sono state effettuate transazioni in contanti; pertanto, l’impatto immediato sui flussi di cassa di FLNT è trascurabile.

Fluent, Inc. (FLNT) � Presentación SEC Formulario 4 con fecha 23/06/2025

El director y propietario del 10%, James P. Geygan, reportó dos movimientos de acciones y actualizó sus posiciones en derivados:

  • Adquisición de 39,682 Unidades de Acciones Restringidas (RSUs) el 18/06/2025 bajo el Plan Incentivo de Capital Omnibus 2022 (Código A). Las RSUs se consolidan en tres tramos anuales iguales a partir del 18/06/2026 y fueron emitidas sin costo.
  • Ajuste de 3,215 acciones ordinarias (Código J) el 23/06/2025 reflejando cuentas que ya no son gestionadas por Global Value Investment Corp. (GVIC). Estas acciones ya no se consideran propiedad beneficiosa.

Propiedad beneficiosa posterior a la transacción:

  • Acciones ordinarias directas: 58,281 acciones
  • Acciones ordinarias indirectas a través de cuentas gestionadas por GVIC: 3,045,870 acciones
  • Posiciones en derivados: 22,732 warrants/pre-warrants en posesión directa y 134,118 en posesión indirecta. Los Pre-Warrants (precio de ejercicio $0.0005) y Warrants (precio de ejercicio $2.20) solo pueden ejercerse tras la aprobación de los accionistas; los warrants estándar expiran tres años después de su emisión.

La presentación reafirma la participación sustancial de Geygan—aproximadamente 3.1 millones de acciones—y señala una continua alineación mediante las nuevas RSUs. La reducción de acciones es insignificante (<0.1%) respecto a su posición total. No se realizó ninguna transacción en efectivo; por lo tanto, el impacto inmediato en el flujo de caja de FLNT es insignificante.

Fluent, Inc. (FLNT) � 2025� 6� 23일자 SEC 양식 4 제출

이사이자 10% 지� 보유자인 James P. Geygan� � 건의 주식 이동� 보고하고 파생상품 포지션을 업데이트했습니다:

  • 2025� 6� 18일에 39,682개의 제한주식단위(RSU) 취득 (2022� 종합 주식 인센티브 플랜 �, 코드 A). RSU� 2026� 6� 18일부� 3년에 걸쳐 매년 동일� 비율� 베스팅되�, 무상으로 부여되었습니다.
  • 2025� 6� 23일에 3,215 보통� 조정 (코드 J), 이는 � 이상 Global Value Investment Corp. (GVIC)� 관리하지 않는 계좌� 반영� 조정입니�. 해당 주식은 � 이상 실질� 소유� 간주되지 않습니다.

거래 � 실질 소유 현황:

  • 직접 보유 보통�: 58,281�
  • GVIC 관� 계좌� 통한 간접 보유 보통�: 3,045,870�
  • 파생상품 보유: 직접 보유 22,732건의 워런�/프리펀� 워런�, 간접 보유 134,118�. 프리펀� 워런�(행사가 $0.0005)와 워런�(행사가 $2.20)� 주주 승인 후에� 행사 가능하�, 일반 워런트는 발행 � 3� 만료됩니�.

이번 제출은 Geygan� � 310� 주에 달하� 상당� 지분을 재확인하�, 신규 RSU� 통한 지속적� 이해관� 일치� 나타냅니�. 주식 감소� 전체 지분의 0.1% 미만으로 미미� 수준입니�. 현금 거래� 없었으므� FLNT� 대� 즉각적인 현금 흐름 영향은 거의 없습니다.

Fluent, Inc. (FLNT) � Dépôt SEC Formulaire 4 daté du 23/06/2025

Le directeur et détenteur de 10 % James P. Geygan a déclaré deux mouvements d’actions et mis à jour ses positions sur dérivés :

  • Acquisition de 39 682 unités d’actions restreintes (RSU) le 18/06/2025 dans le cadre du Plan d’Incitation Omnibus 2022 (Code A). Les RSU seront acquises en trois tranches annuelles égales à partir du 18/06/2026 et ont été attribuées gratuitement.
  • Ajustement de 3 215 actions ordinaires (Code J) le 23/06/2025, reflétant des comptes qui ne sont plus gérés par Global Value Investment Corp. (GVIC). Ces actions ne sont plus considérées comme détenues bénéficiairement.

Position bénéficiaire après la transaction :

  • Actions ordinaires détenues directement : 58 281 actions
  • Actions ordinaires détenues indirectement via des comptes gérés par GVIC : 3 045 870 actions
  • Positions sur dérivés : 22 732 bons de souscription/pré-financés détenus directement et 134 118 détenus indirectement. Les bons pré-financés (prix d’exercice 0,0005 $) et les bons de souscription (prix d’exercice 2,20 $) ne peuvent être exercés qu’après approbation des actionnaires ; les bons standards expirent trois ans après leur émission.

Le dépôt confirme la participation substantielle de Geygan � environ 3,1 millions d’actions � tout en indiquant un alignement continu via les nouvelles RSU. La réduction des actions est négligeable (<0,1 %) par rapport à sa position globale. Aucune transaction en espèces n’a eu lieu ; par conséquent, l’impact immédiat sur les flux de trésorerie de FLNT est négligeable.

Fluent, Inc. (FLNT) � SEC Formular 4 Einreichung vom 23.06.2025

Direktor und 10%-Eigentümer James P. Geygan meldete zwei Aktienbewegungen und aktualisierte seine Derivatpositionen:

  • Erwerb von 39.682 Restricted Stock Units (RSUs) am 18.06.2025 im Rahmen des Omnibus Equity Incentive Plans 2022 (Code A). Die RSUs vesten in drei gleichen jährlichen Tranchen ab dem 18.06.2026 und wurden kostenfrei ausgegeben.
  • Anpassung von 3.215 Stammaktien (Code J) am 23.06.2025, welche Konten widerspiegelt, die nicht mehr von Global Value Investment Corp. (GVIC) verwaltet werden. Diese Aktien gelten nicht mehr als wirtschaftlich im Besitz.

Wirtschaftlicher Besitz nach der Transaktion:

  • Direkt gehaltene Stammaktien: 58.281 Aktien
  • Indirekt über GVIC verwaltete Konten gehaltene Stammaktien: 3.045.870 Aktien
  • Derivative Positionen: 22.732 direkt gehaltene Warrants/Pre-Funded Warrants und 134.118 indirekt gehaltene. Pre-Funded Warrants (Ausübungspreis $0,0005) und Warrants (Ausübungspreis $2,20) werden erst nach Aktionärszustimmung ausübbar; Standard-Warrants verfallen drei Jahre nach Ausgabe.

Die Einreichung bestätigt Geygans bedeutende Beteiligung von etwa 3,1 Millionen Aktien und signalisiert eine anhaltende Ausrichtung durch neue RSUs. Die Aktienreduktion ist mit unter 0,1 % für seine Gesamtposition unerheblich. Es fanden keine Bargeldtransaktionen statt; daher sind unmittelbare Cashflow-Effekte für FLNT vernachlässigbar.

Positive
  • Insider alignment: Director received 39,682 RSUs, reinforcing long-term commitment.
  • Substantial ownership maintained: Geygan continues to control about 3.1 million shares, showing confidence in FLNT.
Negative
  • Potential dilution overhang: 156,850 warrants/pre-funded warrants could expand share count once shareholder approval is obtained.

Insights

TL;DR � Small insider award, position largely intact; neutral impact.

Insider activity shows incremental alignment rather than fresh capital commitment. The RSU grant (39.7k units) represents less than 1.5% of Geygan’s indirect ownership and vests over three years—typical board compensation, mildly positive for governance. The 3,215-share removal is administrative and quantitatively immaterial. Warrant terms require future shareholder approval, introducing no immediate dilution. Overall, the filing neither alters the intrinsic value case nor sends a strong signal on near-term share price direction.

TL;DR � Standard equity grant; confirms robust insider stake.

Board compensation via RSUs sustains long-term incentive alignment, a governance positive. The director retains control over ~3 million shares (� 10%+ of float), indicating confidence and influence in strategic decisions. Code J adjustment underscores proper reporting discipline. Because derivative warrants hinge on shareholder approval, governance processes remain intact. Net effect: neutral-to-slightly-positive perception with no red flags.

Fluent, Inc. (FLNT) � Comunicazione SEC Modulo 4 del 23/06/2025

Il direttore e azionista con il 10% delle quote, James P. Geygan, ha segnalato due movimenti azionari e ha aggiornato le sue posizioni in strumenti derivati:

  • Acquisizione di 39.682 Restricted Stock Units (RSU) il 18/06/2025 nell’ambito del Piano Incentivi Azionari Omnibus 2022 (Codice A). Le RSU maturano in tre tranche annuali uguali a partire dal 18/06/2026 e sono state assegnate senza alcun costo.
  • Regolazione di 3.215 azioni ordinarie (Codice J) il 23/06/2025, relativa a conti non più gestiti da Global Value Investment Corp. (GVIC). Queste azioni non sono più considerate di proprietà effettiva.

Posizione di proprietà effettiva dopo la transazione:

  • Azioni ordinarie detenute direttamente: 58.281 azioni
  • Azioni ordinarie detenute indirettamente tramite conti gestiti da GVIC: 3.045.870 azioni
  • Posizioni in derivati: 22.732 warrant/pre-warrant detenuti direttamente e 134.118 detenuti indirettamente. I Pre-Warrant (prezzo di esercizio $0,0005) e i Warrant (prezzo di esercizio $2,20) diventano esercitabili solo dopo l’approvazione degli azionisti; i warrant standard scadono tre anni dopo l’emissione.

La comunicazione conferma la significativa partecipazione di Geygan—circa 3,1 milioni di azioni—e indica un continuo allineamento tramite le nuove RSU. La riduzione delle azioni è irrilevante (<0,1%) rispetto alla sua posizione complessiva. Non sono state effettuate transazioni in contanti; pertanto, l’impatto immediato sui flussi di cassa di FLNT è trascurabile.

Fluent, Inc. (FLNT) � Presentación SEC Formulario 4 con fecha 23/06/2025

El director y propietario del 10%, James P. Geygan, reportó dos movimientos de acciones y actualizó sus posiciones en derivados:

  • Adquisición de 39,682 Unidades de Acciones Restringidas (RSUs) el 18/06/2025 bajo el Plan Incentivo de Capital Omnibus 2022 (Código A). Las RSUs se consolidan en tres tramos anuales iguales a partir del 18/06/2026 y fueron emitidas sin costo.
  • Ajuste de 3,215 acciones ordinarias (Código J) el 23/06/2025 reflejando cuentas que ya no son gestionadas por Global Value Investment Corp. (GVIC). Estas acciones ya no se consideran propiedad beneficiosa.

Propiedad beneficiosa posterior a la transacción:

  • Acciones ordinarias directas: 58,281 acciones
  • Acciones ordinarias indirectas a través de cuentas gestionadas por GVIC: 3,045,870 acciones
  • Posiciones en derivados: 22,732 warrants/pre-warrants en posesión directa y 134,118 en posesión indirecta. Los Pre-Warrants (precio de ejercicio $0.0005) y Warrants (precio de ejercicio $2.20) solo pueden ejercerse tras la aprobación de los accionistas; los warrants estándar expiran tres años después de su emisión.

La presentación reafirma la participación sustancial de Geygan—aproximadamente 3.1 millones de acciones—y señala una continua alineación mediante las nuevas RSUs. La reducción de acciones es insignificante (<0.1%) respecto a su posición total. No se realizó ninguna transacción en efectivo; por lo tanto, el impacto inmediato en el flujo de caja de FLNT es insignificante.

Fluent, Inc. (FLNT) � 2025� 6� 23일자 SEC 양식 4 제출

이사이자 10% 지� 보유자인 James P. Geygan� � 건의 주식 이동� 보고하고 파생상품 포지션을 업데이트했습니다:

  • 2025� 6� 18일에 39,682개의 제한주식단위(RSU) 취득 (2022� 종합 주식 인센티브 플랜 �, 코드 A). RSU� 2026� 6� 18일부� 3년에 걸쳐 매년 동일� 비율� 베스팅되�, 무상으로 부여되었습니다.
  • 2025� 6� 23일에 3,215 보통� 조정 (코드 J), 이는 � 이상 Global Value Investment Corp. (GVIC)� 관리하지 않는 계좌� 반영� 조정입니�. 해당 주식은 � 이상 실질� 소유� 간주되지 않습니다.

거래 � 실질 소유 현황:

  • 직접 보유 보통�: 58,281�
  • GVIC 관� 계좌� 통한 간접 보유 보통�: 3,045,870�
  • 파생상품 보유: 직접 보유 22,732건의 워런�/프리펀� 워런�, 간접 보유 134,118�. 프리펀� 워런�(행사가 $0.0005)와 워런�(행사가 $2.20)� 주주 승인 후에� 행사 가능하�, 일반 워런트는 발행 � 3� 만료됩니�.

이번 제출은 Geygan� � 310� 주에 달하� 상당� 지분을 재확인하�, 신규 RSU� 통한 지속적� 이해관� 일치� 나타냅니�. 주식 감소� 전체 지분의 0.1% 미만으로 미미� 수준입니�. 현금 거래� 없었으므� FLNT� 대� 즉각적인 현금 흐름 영향은 거의 없습니다.

Fluent, Inc. (FLNT) � Dépôt SEC Formulaire 4 daté du 23/06/2025

Le directeur et détenteur de 10 % James P. Geygan a déclaré deux mouvements d’actions et mis à jour ses positions sur dérivés :

  • Acquisition de 39 682 unités d’actions restreintes (RSU) le 18/06/2025 dans le cadre du Plan d’Incitation Omnibus 2022 (Code A). Les RSU seront acquises en trois tranches annuelles égales à partir du 18/06/2026 et ont été attribuées gratuitement.
  • Ajustement de 3 215 actions ordinaires (Code J) le 23/06/2025, reflétant des comptes qui ne sont plus gérés par Global Value Investment Corp. (GVIC). Ces actions ne sont plus considérées comme détenues bénéficiairement.

Position bénéficiaire après la transaction :

  • Actions ordinaires détenues directement : 58 281 actions
  • Actions ordinaires détenues indirectement via des comptes gérés par GVIC : 3 045 870 actions
  • Positions sur dérivés : 22 732 bons de souscription/pré-financés détenus directement et 134 118 détenus indirectement. Les bons pré-financés (prix d’exercice 0,0005 $) et les bons de souscription (prix d’exercice 2,20 $) ne peuvent être exercés qu’après approbation des actionnaires ; les bons standards expirent trois ans après leur émission.

Le dépôt confirme la participation substantielle de Geygan � environ 3,1 millions d’actions � tout en indiquant un alignement continu via les nouvelles RSU. La réduction des actions est négligeable (<0,1 %) par rapport à sa position globale. Aucune transaction en espèces n’a eu lieu ; par conséquent, l’impact immédiat sur les flux de trésorerie de FLNT est négligeable.

Fluent, Inc. (FLNT) � SEC Formular 4 Einreichung vom 23.06.2025

Direktor und 10%-Eigentümer James P. Geygan meldete zwei Aktienbewegungen und aktualisierte seine Derivatpositionen:

  • Erwerb von 39.682 Restricted Stock Units (RSUs) am 18.06.2025 im Rahmen des Omnibus Equity Incentive Plans 2022 (Code A). Die RSUs vesten in drei gleichen jährlichen Tranchen ab dem 18.06.2026 und wurden kostenfrei ausgegeben.
  • Anpassung von 3.215 Stammaktien (Code J) am 23.06.2025, welche Konten widerspiegelt, die nicht mehr von Global Value Investment Corp. (GVIC) verwaltet werden. Diese Aktien gelten nicht mehr als wirtschaftlich im Besitz.

Wirtschaftlicher Besitz nach der Transaktion:

  • Direkt gehaltene Stammaktien: 58.281 Aktien
  • Indirekt über GVIC verwaltete Konten gehaltene Stammaktien: 3.045.870 Aktien
  • Derivative Positionen: 22.732 direkt gehaltene Warrants/Pre-Funded Warrants und 134.118 indirekt gehaltene. Pre-Funded Warrants (Ausübungspreis $0,0005) und Warrants (Ausübungspreis $2,20) werden erst nach Aktionärszustimmung ausübbar; Standard-Warrants verfallen drei Jahre nach Ausgabe.

Die Einreichung bestätigt Geygans bedeutende Beteiligung von etwa 3,1 Millionen Aktien und signalisiert eine anhaltende Ausrichtung durch neue RSUs. Die Aktienreduktion ist mit unter 0,1 % für seine Gesamtposition unerheblich. Es fanden keine Bargeldtransaktionen statt; daher sind unmittelbare Cashflow-Effekte für FLNT vernachlässigbar.

SEC Form 4
FORM 4 UNITED 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*
GEYGAN JAMES

(Last) (First) (Middle)
300 VESEY SREET
9TH FLOOR

(Street)
NEW YORK NY 10282

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Fluent, Inc. [ FLNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 06/18/2025 A 39,682(1) A $0 58,281 D
Common Stock 06/23/2025 J 3,215 D (2) 3,045,870 I By Global Value Investment Corporation(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Pre-Funded Warrants $0.0005 (4) (5) Common Stock 11,366 11,366 D
Warrants $2.2 (6) (7) Common Stock 11,366 11,366 D
Pre-Funded Warrants $0.0005 (4) (5) Common Stock 67,059 67,059 I By Global Value Investment Corporation(3)
Warrants $2.2 (6) (7) Common Stock 67,059 11,366 I By Global Value Investment Corporation(3)
Explanation of Responses:
1. On June 18, 2025, the Reporting Person received a grant of 39,682 restricted stock units ("RSUs") under the Issuer's 2022 Omnibus Equity Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to accelerated vesting in certain circumstances.
2. As of June 23, 2025, certain separately managed accounts terminated their relationship with, and are no longer advised by, Global Value Investment Corporation. The positions held in such accounts are therefore no longer included herein.
3. These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated persons/entities (collectively, "GVIC"). The reporting person is the CEO and President of GVIC. These securities may be deemed to be beneficially owned by GVIC because it serves as the investment manager and/or investment advisor to separately managed accounts, investment partnerships, and/or individuals, and by the reporting person because he exercises significant managerial control over GVIC. The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
4. The Pre-Funded Warrants will be exercisable after stockholder approval of the offering of the Pre-Funded Warrants.
5. The Pre-Funded Warrants will terminate when exercised in full.
6. The Warrants will be exercisable after stockholder approval of the offering of the Warrants.
7. The Warrants will expire three years from the date of issuance.
James P. Geygan 06/23/2025
** Signature of Reporting Person Date
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).
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FAQ

How many Fluent (FLNT) shares does James Geygan now own?

After the reported transactions he holds 58,281 shares directly and 3,045,870 shares indirectly via GVIC-managed accounts.

What was the size of the new RSU grant to the FLNT director?

He received 39,682 restricted stock units on 06/18/2025, vesting in three equal annual installments.

Why were 3,215 FLNT shares removed from the insider’s report?

They related to accounts that ended their advisory relationship with GVIC; therefore, the shares are no longer deemed beneficially owned.

When can the reported warrants on FLNT be exercised?

Both the $0.0005 pre-funded warrants and $2.20 warrants become exercisable after shareholder approval; standard warrants expire three years after issuance.

Does this Form 4 signal buying or selling pressure for FLNT stock?

The RSU award is non-cash and the share removal is administrative; thus, no immediate buying or selling pressure is implied.
Fluent, Inc.

NASDAQ:FLNT

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